#United States #SouthState Bank #Greenwich Awards #Small Business Banking #Winter Haven, Florida

SouthState Bank Achieves National Recognition for Small Business and Middle Market Banking

In a remarkable achievement, SouthState Bank has been ranked among the top three banks in the United States for Small Business and Middle Market Banking. This prestigious recognition comes as the bank received a total of 23 awards from Crisil Coalition Greenwich, a leader in strategic benchmarking and analytics for the financial services industry. The distinction highlights the bank's commitment to providing high-quality services tailored to the needs of small businesses and larger middle-market companies.

Overview of the Awards

The awards from Crisil Coalition Greenwich are among the most sought-after in the banking industry, with more than 500 banks being considered. SouthState Bank resonated particularly well with small businesses, which are defined as companies generating annual revenues between $1 million and $10 million. Among regional and super-regional banks, SouthState earned 15 awards in various categories, showcasing its prowess in small business banking.

The accolades include:

• - Best Bank Overall Satisfaction for Small Business Banking in the U.S.
• - Best Bank for Trust, Ease of Doing Business, and Likelihood to Recommend in Small Business Banking
• - Best Bank for Customer Service and Advisory Capabilities

Richard Murray, the president of SouthState Bank, expressed pride in the recognition, attributing it to their dedication to building enduring relationships with clients. Murray stated, "There is no greater compliment than being recommended by our clients and recognized for the remarkable experiences we provide."

Investment in Technology and Services

SouthState's commitment to advancing technology and customer service significantly contributes to its top-tier rankings. Continued investments in digital banking tools and payment solutions ensure that businesses of all sizes have access to the resources they need for effective cash management and operations. This strategic focus on technology aligns with the evolving standards of customer service in the banking industry, responding to a market increasingly reliant on digital solutions.

In addition to its accolades for small business banking, SouthState Bank also displayed its capability to cater to the complex requirements of mid-sized businesses. The bank ranked sixth in the middle market category, targeting companies with annual revenues between $10 million and $500 million. Achievements in this sector included:

• - Best Bank for Values, Customer Service, and Advisory Capabilities for Middle Market Banking
• - Best Bank for Trust and Ease of Making Payments

This dual excellence in both small and middle-market banking highlights SouthState's comprehensive service offerings, catering to a diverse clientele across various business scopes.

A Legacy of Recognition

Since its inception, SouthState Bank has consistently received accolades; since 2016, the institution has earned a total of 82 Coalition Greenwich awards. This legacy solidifies SouthState's reputation as a trusted partner in commercial banking, proving itself invaluable to businesses seeking reliable financial services.

Crisil Coalition Greenwich’s rigorous evaluation process involved interviewing thousands of executives across small and mid-market businesses nationwide to assess their experiences. The bank's performance relative to qualitative metrics underscored its superb customer relations and service delivery.

Conclusion

SouthState Bank, headquartered in Winter Haven, Florida, continues to set high standards in the banking sector by aligning itself closely with customer needs, amplifying its services, and fostering a culture of trust and support within the industry. As a publicly traded company on the NYSE under the symbol SSB, it provides comprehensive financial solutions to more than 1.5 million customers across several states, including Texas, Georgia, Alabama, and Virginia. With a commitment to excellence that has earned it multiple awards, SouthState Bank is poised for continued growth and recognition in the competitive landscape of banking. For more information about their services, visit SouthStateBank.com.