SouthState Bank is a regional bank headquartered in Columbia, South Carolina, serving customers across the Southeastern United States. The bank provides a range of financial products and services, including personal banking, business banking, wealth management, and mortgage lending.
On the personal banking side, SouthState offers checking and savings accounts, loansand credit lines, credit cards, and online banking services. Business customers can access similar services, as well as treasury management solutions, merchant services, and business lending options.
The bank's wealth management services include investment management, trust and estate planning, retirement planning, and private banking. SouthState also offers a variety of mortgage products, including conventional and government-backed loans, refinancing options, and home equity loans.
The bank has over 200 branches throughout the Southeast, with a strong presence in South Carolina, North Carolina, Georgia, and Florida. Customers can access their accounts online or through the bank's mobile app, and customer support is available by phone or in person at local branches.
Overall, SouthState Bank provides a wide range of financial services for both personal and business customers, with a focus on personalized solutions and local support.
Key Features
Here are some key features of SouthState Bank:
Personal and Business Banking. The bank offers a variety of banking services including checking and savings accounts, credit cards, loans, online banking, merchant services, business loans, and more.
Online and Mobile Banking. Customers can access their accounts online or through the bank's mobile app, which offers features such as mobile check deposit and bill payment.
Customer Support. SouthState Bank provides customer support through local branches, online chat, and phone support.
Overall, SouthState Bank provides a wide range of financial products and services, personalized solutions, and local support.
Requirements
The specific requirements to open an account at SouthState Bank may vary depending on the type of account you are interested in and your location. However, here are some general requirements that you may need to meet:
Personal Information. You will need to provide personal information such as your name, address, phone number, email address, and Social Security number.
Identification. You will need to provide a valid government-issued photo ID such as a driver's license, passport, or state ID.
Minimum Deposit. Depending on the type of account you are interested in, you may need to make a minimum deposit to open the account.
Eligibility. You must be at least 18 years old and a US citizen or resident alien with a valid US mailing address to open an account.
Other Requirements. Depending on the type of account you are interested in, you may need to provide additional information such as proof of income or employment, business documents (if opening a business account), and other relevant information.
It's a good idea to check with SouthState Bank directly to confirm the specific requirements for opening an account. You can do this by visiting a local branch, calling customer service, or visiting their website.
Access on the Go
SouthState Bank provides access to your accounts on the go through its online and mobile banking services. Here are some features of these services:
Mobile App. It is available for download on both iOS and Android devices. The app allows you to view account balances, transfer funds, pay bills, deposit checks, and more.
Online Banking. The bank's online banking platform allows you to access your accounts from any device with an internet connection. You can view account activity, transfer funds, pay bills, and more.
Mobile Deposit. You can deposit checks using SouthState Bank's mobile app by taking a photo of the check and submitting it through the app.
Alerts. You can set up alerts to receive notifications about account activity, such as when a deposit is made or when your account balance falls below a certain threshold.
Card Controls. SouthState Bank's mobile app allows you to control your debit card by setting spending limits, turning your card on or off, and receiving alerts for transactions.
Overall, SouthState Bank's online and mobile banking services provide convenient access to your accounts on the go, allowing you to manage your finances from anywhere at any time.
Products and Services
SouthState Bank offers a range of products and services for personal and business banking customers. Here are some of the products and services offered by the bank:
Personal Banking. SouthState Bank offers personal checking and savings accounts, as well as credit cards, personal loans, and online banking services.
Business Banking. The bank provides a range of business banking solutions, including business checking and savings accounts, business loans, treasury management, merchant services, and more.
Wealth Management. Customers are offered personalized wealth management services, including investment management, trust and estate planning, private banking, and retirement planning.
Insurance. SouthState Bank offers insurance solutions for individuals and businesses, including auto, home, life, and commercial insurance.
Investments. The bank provides investment services, including stocks, bonds, mutual funds, annuities, and more.
Overall, SouthState Bank offers a comprehensive range of financial products and services, with a focus on personalized solutions and local support.
Which associations does SouthState belong to?
SouthState Bank is a member of several associations that govern the banking industry and ensure customer protection. Here are some of the associations that the bank belongs to:
Federal Deposit Insurance Corporation (FDIC). SouthState Bank is a member of the FDIC, which provides insurance for deposit accounts up to $250,000 per depositor, per insured bank, for each account ownership category.
Electronic Funds Transfer Association (EFTA). It promotes the development of electronic payment systems and educates consumers on their rights and responsibilities when using electronic payments.
Consumer Bankers Association (CBA). It represents retail banks and provides advocacy, education, and training for its members.
Southern Financial Exchange (SFE). It provides electronic payment services, education, and compliance services for financial institutions in the Southern United States.
Overall, SouthState Bank's membership in these associations reflects its commitment to regulatory compliance, customer protection, and industry best practices.
SouthState Bank reliability
When considering the reliability of SouthState Bank, there are several factors to take into account.
History and reputation. SouthState Bank has been in operation for over 80 years and has established a solid reputation as a trustworthy and reliable financial institution. The bank has received high ratings from various rating agencies, including a five-star rating from Bauerfinancial.
Financial stability. The bank is well-capitalized and has consistently reported strong financial results over the years. As of September 2022, SouthState Bank had total assets of approximately $45.179 billion.
Strong commitment to customer service. The bank offers a wide range of banking products and services to meet the needs of its diverse customer base. These services include personal banking, business banking, wealth management, and mortgage lending. The bank also provides a variety of online and mobile banking options to make banking more convenient for its customers.
Security and privacy. The bank has implemented a variety of security measures to protect its customers' personal and financial information, including encryption and multi-factor authentication. The bank also provides its customers with fraud monitoring and alerts to help detect and prevent fraudulent activity.
SouthState Bank vs. Truist Bank
SouthState Bank and Truist Bank are both financial institutions that operate in the United States, but there are some key differences between the two banks.
Size and geographic reach. Truist Bank is one of the largest banks in the United States, with over 2,780 branches and a presence in 15 states Washington, D.C. SouthState Bank, on the other hand, has approximately 240 branches and operates primarily in the southeastern United States.
Customer focus. SouthState Bank primarily provides personal and business banking services to customers in the communities it serves. The bank offers a range of banking products and services, including checking and savings accounts, loans, and wealth management services. Truist Bank, on the other hand, serves a much larger customer base and offers a broader range of products and services, including commercial banking, investment banking, and insurance.
Strong financial results. Truist Bank has a much larger balance sheet, with total assets of approximately $509 billion, compared to SouthState Bank's approximately $45 billion. Both banks have received high ratings from various rating agencies.
Strong commitment to customer service. The banks offer a variety of online and mobile banking options to make banking more convenient for their customers. Truist Bank, in particular, has invested heavily in technology and has developed innovative digital products and services to enhance the customer experience.
SouthState Bank vs. BMO Harris
SouthState Bank and BMO Harris are both financial institutions in the United States. Still, they differ in several key areas, including their history, geographic footprint, products and services, and customer base. Here are some of the key differences between SouthState Bank and BMO Harris:
History. SouthState Bank was founded in 1934 and is headquartered in Columbia, South Carolina. It has grown through a series of mergers and acquisitions, including the most recent merger with CenterState Bank in 2020. BMO Harris, on the other hand, has a longer history, having been founded in 1882 as Harris Bank. It is headquartered in Chicago, Illinois, and was acquired by the Bank of Montreal (BMO) in 1984.
Geographic footprint. SouthState Bank operates primarily in the southeastern United States, with branches in South Carolina, North Carolina, Alabama, Georgia, and Florida. BMO Harris, on the other hand, has a wider geographic footprint, with branches in eight states: Illinois, Indiana, Arizona, Missouri, Minnesota, Kansas, Florida, Wisconsin, and California.
Products and services. Both SouthState Bank and BMO Harris offer a range of banking products and services, including checking and savings accounts, loans, mortgages, credit cards, and wealth management services. However, BMO Harris has a larger portfolio of business banking and commercial lending products, while SouthState Bank is more focused on retail banking and personal lending.
Customer base. SouthState Bank primarily serves individuals and small businesses in the southeastern United States, while BMO Harris serves a broader customer base, including large corporations, middle-market businesses, and individuals. BMO Harris is also the 8th largest bank by assets in the Midwest, with a strong presence in Chicago and other major cities in the region.
Technology. Both SouthState Bank and BMO Harris offer digital banking services, including online banking, mobile banking, and remote deposit capture. However, BMO Harris has invested more heavily in technology, with a suite of digital tools designed to help customers manage their finances more efficiently, including BMO Digital Banking, BMO Harris Financial Advisors, and BMO Harris Total Look.
Overall, while both SouthState Bank and BMO Harris offer a range of financial products and services, they differ in their history, geographic footprint, customer base, and approach to technology. The choice between the two will depend on your individual needs and preferences, as well as your location and banking goals.
SouthState Bank vs. Fifth Third Bank
SouthState Bank and Fifth Third Bank are both financial institutions in the United States, but they differ in several key areas, including their history, geographic footprint, products and services, and customer base. Here are some of the key differences between SouthState Bank and Fifth Third Bank:
History. SouthState Bank was founded in 1934 and is headquartered in Columbia, South Carolina. It has grown through a series of mergers and acquisitions, including the most recent merger with CenterState Bank in 2020. Fifth Third Bank, on the other hand, was founded in 1858 and is headquartered in Cincinnati, Ohio. It has also grown through a series of mergers and acquisitions, including the most recent merger with MB Financial in 2019.
Geographic footprint. SouthState Bank operates primarily in the southeastern United States, with branches in South Carolina, North Carolina, Georgia, Alabama, and Florida. Fifth Third Bank, on the other hand, has a wider geographic footprint, with branches in 11 states: Ohio, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, Missouri, North Carolina, Pennsylvania, and Tennessee.
Products and services. Both SouthState Bank and Fifth Third Bank offer a range of banking products and services, including checking and savings accounts, loans, mortgages, credit cards, and wealth management services. However, Fifth Third Bank has a larger portfolio of business banking and commercial lending products, while SouthState Bank is more focused on retail banking and personal lending.
Customer base. SouthState Bank primarily serves individuals and small businesses in the southeastern United States, while Fifth Third Bank serves a broader customer base, including large corporations, middle-market businesses, and individuals. Fifth Third Bank is also the 12th largest bank by assets in the United States, with a strong presence in several major metropolitan areas.
Technology. Both SouthState Bank and Fifth Third Bank offer digital banking services, including online banking, mobile banking, and remote deposit capture. However, Fifth Third Bank has invested more heavily in technology, with a suite of digital tools designed to help customers manage their finances more efficiently, including the Fifth Third Mobile Banking App, Fifth Third Direct, and Fifth Third Identity Alert.
Overall, while both SouthState Bank and Fifth Third Bank offer a range of financial products and services, they differ in their history, geographic footprint, customer base, and approach to technology. The choice between the two will depend on your individual needs and preferences, as well as your location and banking goals.
SouthState Bank vs. Capital One
SouthState Bank and Capital One are both financial institutions in the United States, but they differ in several key areas, including their history, geographic footprint, products and services, and customer base. Here are some of the key differences between SouthState Bank and Capital One:
History. SouthState Bank was founded in 1934 and is headquartered in Columbia, South Carolina. It has grown through a series of mergers and acquisitions, including the most recent merger with CenterState Bank in 2020. On the other hand, Capital One was founded in 1994 and is headquartered in McLean, Virginia. It was founded as a credit card company and has since expanded into a full-service bank.
Geographic footprint. SouthState Bank operates primarily in the southeastern United States, with branches in South Carolina, North Carolina, Georgia, Alabama, and Florida. Capital One has a nationwide presence.
Products and services. Both SouthState Bank and Capital One offer a range of banking products and services, including checking and savings accounts, loans, mortgages, credit cards, and wealth management services. However, Capital One is more focused on credit card products and rewards programs, while SouthState Bank is more focused on traditional banking products and services.
Customer base. SouthState Bank primarily serves individuals and small businesses in the southeastern United States, while Capital One serves a broader customer base, including individuals, small businesses, and large corporations. Capital One is also known for its innovative digital banking products and services, such as the Capital One Mobile App and the Capital One Café concept.
Technology. Both SouthState Bank and Capital One offer digital banking services, including online banking, mobile banking, and remote deposit capture. However, Capital One has invested heavily in technology, with a focus on digital-first banking experiences. Capital One also has a suite of digital tools designed to help customers manage their finances more efficiently, including CreditWise, Capital One Shopping, and Eno.
Overall, while both SouthState Bank and Capital One offer a range of financial products and services, they differ in their history, geographic footprint, customer base, and approach to technology. The choice between the two will depend on your individual needs and preferences, as well as your location and banking goals.
SouthState Corporation, the parent company of SouthState Bank, is publicly traded on the NASDAQ stock exchange under the ticker symbol "SSB". As a publicly traded company, SouthState Corporation is owned by its shareholders, who can purchase shares of the company on the stock market.
The bank is a wholly-owned subsidiary of SouthState Corporation, which means that all of the bank's assets and liabilities are held by the corporation. As a result, the bank is effectively owned by the shareholders of SouthState Corporation.
SouthState Corporation is headquartered in Winter Haven, Florida, and operates banking offices throughout the Southeastern United States. The company has a long history, dating back to 1934, and has grown through a combination of organic growth and acquisitions of other financial institutions over the years.
Is SouthState a good bank?
SouthState Bank has received positive ratings and reviews from customers and financial rating agencies.
The bank has received an "A" rating from the Better Business Bureau (BBB) and has been accredited by the organization since 1989. Additionally, the bank has received positive ratings from other financial rating agencies such as J.D. Power and Forbes.
SouthState Bank has also been recognized for its commitment to customer service, financial stability, and community involvement. The bank has received various awards and honors, including recognition as one of the Best Banks in America by Forbes magazine in 2021.
Ultimately, whether or not SouthState Bank is a good bank for you will depend on your specific banking needs and preferences. It's a good idea to research and compare different banks before making a decision, considering factors such as fees, account options, customer service, and convenience.
Is SouthState hard to get approved for?
SouthState Bank has specific requirements for opening different types of accounts, such as checking and savings accounts, and loan and credit products. These requirements may include minimum balances, credit scores, and other financial criteria. Meeting these requirements can help increase the chances of approval for SouthState Bank's products and services.
If you're interested in opening an account with SouthState Bank or applying for a loan or credit product, it's a good idea to review the bank's requirements and eligibility criteria, as well as your own financial situation, to determine whether you're likely to be approved. You can also contact the bank directly to ask any questions you may have about the application process and requirements.
SouthState disputes number
If you need to dispute a charge or transaction on your SouthState Bank account, you can contact the bank's customer service department by phone at 1-800-277-2175. This is the general customer service phone number for SouthState Bank, and you can speak with a representative who can assist you with your dispute.
If you need to dispute a specific transaction or charge, it's a good idea to have the relevant information on hand, such as your account number, the transaction date and amount, and any supporting documentation or evidence. The representative will work with you to understand the issue and may request additional information or documentation as needed.
If you have a different dispute that is not related to a specific transaction or charge, such as a dispute over a decision made by the bank, you may need to contact a different department or submit a formal complaint through the bank's website or in writing. You can find more information about these options on the SouthState Bank website.
