Market Overview

South State Bank to Open Two Branches in Raleigh in 2019


South State Bank today announced it plans to open two bank branches in
Raleigh, N.C. in 2019.

The first branch, at 6623 Falls of Neuse Road in Raleigh, will open on
Monday, March 25. The second branch opening is planned for the fall of
this year.

"We are excited about our entry into Raleigh, one of the fastest growing
regions in the nation," said Bryan Kennedy, division president of North
Carolina and Virginia. "While South State has provided Commercial and
Mortgage lending, as well as Private Banking, to Research Triangle
residents for several years, we are looking forward to offering South
State's full suite of services to the area, including Consumer Banking,
Wealth and Investment Services, in addition to Mortgage and Commercial

"Opening two branches in Raleigh allows us to deepen our footprint in
North Carolina, where we already have more than 20 branches across the
Charlotte and Wilmington regions," said Ben Collier, Raleigh region
senior vice president. "South State is a bank built on service for our
customers and communities, offering the right combination of high-touch
service and high-tech capabilities for Raleigh's banking needs."

South State Corporation (NASDAQ:SSB) is a financial services company
headquartered in Columbia, South Carolina, with approximately $14.7
billion in assets. South State Bank, the company's primary subsidiary,
provides consumer, commercial, mortgage and wealth management solutions
throughout the Carolinas, Georgia and Virginia. South State has served
customers since 1934. Additional information is available at

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