SouthState Bank Corporation Common Stock (IV1)

Overview

SouthState Corporation operates as the bank holding company for SouthState Bank, National Association. The company provides an extensive range of banking services and products tailored for both individuals and businesses. Established in 1933 and headquartered in Winter Haven, Florida, SouthState Corporation was formerly known as First Financial Holdings, Inc. and changed its name in July 2013. Through its wide array of offerings, SouthState Bank serves the diverse financial needs of its customers across various banking platforms, including online, mobile, and telephone banking.

Products and Services

• Checking Accounts:

  Products designed for everyday transactions with features such as online access, debit cards, and no monthly fees in some cases.

• Savings Deposits:

  Accounts that allow customers to save money while earning interest over time, suitable for personal financial growth.

• Interest-Bearing Transaction Accounts:

  Accounts that offer interest on balances while permitting unlimited transactions, ideal for active management of funds.

• Certificates of Deposit:

  Time deposits that typically offer higher interest rates in exchange for leaving the funds untouched for a specified term.

• Money Market Accounts:

  Accounts that combine features of savings and checking accounts, offering higher interest rates along with limited check-writing capabilities.

• Commercial Real Estate Loans:

  Loans tailored for purchasing, refinancing, or improving commercial properties, helping businesses grow their real estate holdings.

• Residential Real Estate Loans:

  Mortgage products that enable individuals to purchase homes, with various options catering to different financial situations.

• Commercial and Industrial Loans:

  Credit solutions provided to businesses for operational needs, expansions, or investment purposes.

• Consumer Loans:

  Loans available to individuals for personal use, including options for auto, boat, personal installment, and home improvement financing.

• Business Loans:

  Financial products designed to support business operations and growth, offering flexible terms and competitive rates.

• Agriculture Loans:

  Loans specifically aimed at supporting farming operations and agribusiness with tailored financing solutions.

• Real Estate-Secured (Mortgage) Loans:

  Loans secured by real estate property, providing borrowers with the funds they need for various personal and business expenses.

• Home Improvement Loans:

  Financing options dedicated to funding home renovation and repair projects, enhancing property value.

• Manufactured Housing Loans:

  Loans aimed at purchasing or refinancing manufactured homes, catering to a specific housing segment.

• Debit Card Services:

  Cardholder services that provide convenient access to funds and seamless transactions at points of sale.

• Mobile Banking Services:

  Mobile applications allowing customers to manage their accounts, pay bills, transfer funds, and deposit checks on-the-go.

• Funds Transfer Products and Services:

  Services that facilitate various money transfer methods, ensuring customers can easily send and receive funds.

• Treasury Management Services:

  Comprehensive financial management tools for businesses, including merchant services, automated clearing houses, and remote deposit capture.

• Asset and Wealth Management:

  Investment advisory services that help clients manage their assets and build wealth over time.

• Fiduciary and Private Banking Services:

  Personalized banking services designed for high-net-worth individuals, focusing on customized financial solutions.

• Safe Deposit Boxes:

  Secure storage services for individuals and businesses to keep valuable items protected.

• Bank Money Orders and Wire Transfers:

  Secure methods for transferring funds, offering peace of mind for both personal and business transactions.

• Brokerage Services:

  Investment services assisting clients in buying and selling securities, as well as managing investment portfolios.

• Alternative Investment Products:

  Options such as annuities and mutual funds to diversify investments and enhance long-term financial stability.

• Credit Cards and Letters of Credit:

  Offering credit options for purchasing alongside specialized services for businesses requiring credit assurances.

• Home Equity Lines of Credit:

  A flexible borrowing option allowing homeowners to access funds based on their home equity for various needs.