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SouthState Named to Forbes' "Best-in-State Banks" list in Florida, Georgia, South Carolina

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SouthState has been recognized in Forbes' "Best-in-State Banks" list, ranking No. 1 in Florida, No. 2 in Georgia, and No. 3 in South Carolina. This marks the bank's consistent presence in South Carolina and the second consecutive year for Georgia. Notably, SouthState is among only five banks nationally to achieve rankings in three states. The accolade is based on a survey of over 25,000 customers across trust, services, and overall satisfaction. SouthState aims to maintain its reputation as a trusted financial advisor to over one million customers.

Positive
  • Ranked No. 1 in Florida, No. 2 in Georgia, and No. 3 in South Carolina by Forbes.
  • Recognition reflects strong customer satisfaction and trust.
  • Only five banks nationally ranked in three states.
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  • None.

WINTER HAVEN, Fla., July 21, 2021 /PRNewswire/ -- SouthState today announced it has been named to Forbes' "Best-in-State Banks" list, earning the No. 1 ranking in Florida, the No. 2 ranking in Georgia and the No. 3 spot in South Carolina.

SouthState has been named one of the "Best-in-State Banks" in South Carolina since the ranking began four years ago, and this is the second consecutive year the bank has made the list in Georgia. The bank also earned the designation in Florida in 2018. SouthState was one of only five banks in the nation to make the list in three states.

"There is nothing more significant or meaningful to us than when our customers recommend SouthState to others," said John Corbett, CEO. "We are proud to be a leading regional bank in the Southeast, and we are incredibly grateful to the one million customers who allow us to be their trusted financial advisors. Thank you for your confidence in SouthState and for this recognition as one of the best banks in the region."

Between one and five banks and up to 10 credit unions were awarded the best-in-state designation by Forbes. Nationwide, 135 banks, or only 2.7 percent of all banks in America, made the list, available here.

The "Best-in-State Banks" list, developed by Forbes and partner Statista, resulted from surveying more than 25,000 customers in the U.S. about their banking relationships. Respondents ranked banks on overall recommendation and satisfaction, as well as five subdimensions: trust, terms and conditions, branch services, digital services and financial advice.

SouthState Corporation (NASDAQ: SSB) is a financial services company headquartered in Winter Haven, Florida. South State Bank, N.A., the company's nationally chartered bank subsidiary, provides consumer, commercial, mortgage and wealth management solutions to more than one million customers throughout Florida, Alabama, Georgia, the Carolinas and Virginia. The bank also serves clients coast to coast through its correspondent banking division. Additional information is available at SouthStateBank.com.

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SOURCE SouthState

FAQ

What is SouthState's ranking in Florida according to Forbes?

SouthState is ranked No. 1 in Florida on Forbes' 'Best-in-State Banks' list.

How did SouthState rank in Georgia on Forbes' list?

SouthState earned the No. 2 ranking in Georgia.

What is SouthState's ranking in South Carolina according to Forbes?

SouthState is ranked No. 3 in South Carolina.

How many banks were recognized by Forbes as 'Best-in-State'?

A total of 135 banks, or 2.7% of all banks in America, made the 'Best-in-State' list.

What criteria were used to rank SouthState in the Forbes survey?

The rankings were based on overall recommendation, satisfaction, trust, terms and conditions, branch services, digital services, and financial advice.

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