Who is CenterState Bank owned by?

Who is CenterState Bank owned by?

South State
CenterState Bank shareholders will now own 53 percent of the combined company, while South State shareholders will own the remaining 47 percent. The $6 billion deal was first announced in January.

What bank merged with CenterState Bank?

South State Bank
Despite the challenges of Covid-19, CenterState Bank forged ahead with its merger with South State Bank, which was completed this week. In a filing with the U.S. Securities and Exchange Commission on Monday, the Winter Haven-based bank said it had completed the merger with South Carolina’s South State Bank.

Has CenterState Bank been sold?

CenterState completes merger with South State, but changes will take time. WINTER HAVEN — Polk County is the home of the eighth largest bank in the Southeast U.S. now that CenterState Bank has completed its merger with South State Bank.

Is CenterState only in Florida?

A presentation posted on the CenterState website indicates the merged entity would close or consolidate many of the 142 branches all three banks currently operate, many of which are located in Central Florida. CenterState operates 78 branches and offices 28 counties.

Is South State Bank merging?

On June 8, 2020, South State completed a merger with CenterState Bank. The new bank will keep the South State name, but move its headquarters to Winter Haven, Florida. The combined bank has $34 billion in assets.

Is South State Bank Private?

Private Banking | SouthState Wealth.

Is CenterState a good bank?

This is a criminal lender and the worst bank. They merged with SouthState Bank. They have made our lives miserable with a wrongful, fraudulent foreclosure. We will be starting a Website with all of the information.

Is South State Bank CenterState bank?

WINTER HAVEN, Florida and COLUMBIA, South Carolina – January 27, 2020 – CenterState Bank Corporation (NASDAQ: CSFL) (“CenterState”), the parent company of CenterState Bank, and South State Corporation (NASDAQ: SSB) (“South State”), the parent company of South State Bank, jointly announced today that they have entered …

What states have CenterState Bank?

Though the headquarters will remain in Florida, the bank will maintain a significant presence in Columbia and Charleston, South Carolina; Charlotte, North Carolina; and Atlanta. The new bank will trade under the South State ticker symbol SSB on the Nasdaq.

What is the new name of South State Bank?

CenterState Bank Corporation
WINTER HAVEN, Florida and COLUMBIA, South Carolina – January 27, 2020 – CenterState Bank Corporation (NASDAQ: CSFL) (“CenterState”), the parent company of CenterState Bank, and South State Corporation (NASDAQ: SSB) (“South State”), the parent company of South State Bank, jointly announced today that they have entered …

Is South State Bank closing?

CenterState shareholders own the majority of the merged bank, but the South State name will remain on the branches, the stock and the holding company. …

How much does it cost to open a bank account at South State Bank?

$25 minimum opening deposit required to open account in a branch. Internet service provider fees may apply. You must be age 18 or older to access Bill Pay.

What time does direct deposit post south state bank?

Funds are generally available the next business day if made by 8 PM EST unless a hold is placed on the deposit. Mobile deposits submitted after 8 PM EST or on a weekend or bank holiday are generally available on the second business day after the deposit.

Is CenterState Bank FDIC insured?

Yes. Your deposit at CenterState Bank of Florida is insured by the FDIC, and each depositor is insured to at least $250,000, as established by law.

How many CenterState banks are there?

CenterState Bank has 320 branches in their region. This traditional brick and mortar bank is an established bank that has presence across at least one state, and most likely uses an ATM network, but we are not aware of it. We found 0 bank branches within 50 miles of undefined.

Is South State Bank of America?

The local Bank of America customers will be shifted to South State Bank. “Customers who have accounts transferring to South State Bank will be notified in writing well in advance of any changes made to their accounts,” Bank of America spokeswoman Anne Pace said.

Is South State Bank CenterState Bank?

Is South State Bank Safe?

Yes. SouthState is FDIC insured. FDIC insurance covers all deposit accounts, including: Checking accounts.

What did South State Bank used to be?

First National Bank
South State Bank

Type	Public company
Founded	January 1, 1934 as First National Bank
Headquarters	Winter Haven, Florida, United States
Number of locations	300 branches
Area served	South Carolina North Carolina Georgia Virginia Florida

Does South State Bank have fees?

After you open, the Choice Checking account charges an $8 monthly maintenance fee. South State Bank will waive the fee if each statement cycle you meet any of the following: You have a $1,000 average daily balance….South State Bank Choice Checking account.

APY	Minimum Balance Amount to Earn APY
0.01%	$0.01