SouthState Bank Recognized as a Leader in Small Business Banking

SouthState Bank Achieves National Recognition for Banking Excellence

SouthState Bank has proudly received accolades as one of the top three banks in the nation specifically catering to Small Business and Middle Market Banking. This remarkable achievement comes as part of the 23 awards presented by Crisil Coalition Greenwich, which highlight the bank's dedication and service in this crucial sector. SouthState has also tied for the most Best Bank Awards for Small Business Banking in the U.S., underscoring its commitment to fostering strong client relationships and meeting the diverse needs of small businesses.

A Closer Look at the Awards

In evaluating more than 500 banking institutions, Crisil Coalition Greenwich considered various factors to determine the Best Bank distinction. Out of these, only 38 regional and super-regional banks met the rigorous criteria required for recognition in Small Business Banking. According to Crisil Coalition Greenwich, those banks honored stood out due to their exemplary service delivery and the provision of advanced digital banking tools.

Client-Centric Approach

Richard Murray, president of SouthState, expressed the high value the bank places on client recommendations and recognition. "There is no greater compliment than being recommended by our clients and recognized for the remarkable experiences we provide," he emphasized. The core values of SouthState revolve around nurturing meaningful relationships with its clients. This relationship-building philosophy is further supported by ongoing investments in technology, ensuring that clients have access to the best financial tools for payments and cash management.

Achievements in Small Business Banking

Within the Small Business category, which includes entities with annual revenues ranging from $1 to $10 million, SouthState Bank excelled by winning 15 significant awards. These awards, collectively known as the Coalition Greenwich Best Bank Award, highlight attributes crucial for small businesses, such as overall satisfaction, trust, customer service, and product capabilities.

Top Accolades

The recognition encompasses various aspects of service. The awards include:

1. Best Bank – Overall Satisfaction for Small Business Banking in the U.S.
2. Best Bank – Trust for Small Business Banking in the U.S.
3. Best Bank – Ease of Doing Business for Small Business Banking in the U.S.
4. Best Bank – Likelihood to Recommend for Small Business Banking in the U.S.
5. Best Bank – Satisfaction with Relationship Management (RM) for Small Business Banking in the U.S.
6. Best Bank – Advisory Capabilities of RM for Small Business Banking in the U.S.
7. Best Bank – Customer Service for Small Business Banking in the U.S.
8. Best Bank – Values Long-Term Relationships for Small Business Banking in the U.S.
9. Best Bank – Satisfaction in Cash Management for Small Business Banking in the U.S.
10. Best Bank – Ease of Making Payments for Small Business Banking in the U.S.
11. Best Bank – Product Capabilities in Cash Management for Small Business Banking in the U.S.
12. Best Bank – Satisfaction in Cash Management for Small Business Banking in the U.S. (South)
13. Best Bank – Likelihood to Recommend for Small Business Banking in the U.S. (South)
14. Best Bank – Overall Satisfaction for Small Business Banking in the U.S. (South)
15. Best Bank – Satisfaction with RM for Small Business Banking in the U.S. (South)

Success in Middle Market Banking

Moreover, SouthState Bank secured an impressive sixth place in the rankings for Middle Market Banking, aimed at larger businesses earning between $10 and $500 million annually. The bank once again demonstrated its capability to cater to complex financial needs by winning eight awards in this category, providing assurance of its comprehensive service quality.

Middle Market Accolades

The awards earned in Middle Market Banking include:

1. Best Bank – Values Long-Term Relationships for Middle Market Banking in the U.S.
2. Best Bank – Customer Service for Middle Market Banking in the U.S.
3. Best Bank – Advisory Capabilities of RM for Middle Market Banking in the U.S.
4. Best Bank – Satisfaction with RM for Middle Market Banking in the U.S.
5. Best Bank – Ease of Making Payments for Middle Market Banking in the U.S.
6. Best Bank – Product Capabilities in Cash Management for Middle Market Banking in the U.S.
7. Best Bank – Trust for Middle Market Banking in the U.S.
8. Best Bank – Satisfaction with RM for Middle Market Banking in the U.S. (South)

Since 2016, the accolades amassed by SouthState Bank have reached a remarkable total of 82, consistently showcasing its desire to deliver top-tier banking services and establish lasting partnerships with a diverse range of businesses.

About SouthState Corporation

SouthState Corporation (NYSE: SSB) operates as a premier financial services company, headquartered in Winter Haven, Florida. SouthState Bank, its national chartered bank subsidiary, offers comprehensive solutions, including consumer, commercial, mortgage, and wealth management services to over 1.5 million clients across several states. With a commitment to innovation and robust client service, SouthState continues to strengthen its presence in both regional and national markets.

Frequently Asked Questions

What recognitions has SouthState Bank received?

SouthState Bank has earned numerous accolades, including being named one of the top three banks in the nation for Small Business Banking and receiving multiple awards from Crisil Coalition Greenwich.

How does SouthState Bank support small businesses?

The bank focuses on building relationships, providing tailored financial solutions, and investing in technology to enhance service delivery for small businesses.

Which awards specifically highlight SouthState's achievements in banking?

SouthState has won awards for overall satisfaction, customer service, and trust, among other accolades in both small business and middle market categories.

What is SouthState's market presence?

The bank serves over 1.5 million customers across several states, providing a wide array of financial services.

How has SouthState Bank performed in the past?

Since 2016, the bank has amassed a total of 82 Coalition Greenwich awards, reflecting its continuous commitment to excellence in service.

About The Author

Riley Hayes here, a financial writer and specialist committed to assisting individuals in navigating the intricate world of finance. My love is using my blog and articles to simplify complex financial ideas into understandable, doable guidance. Having worked in finance for many years, I try to give my readers the information and resources they need to make wise financial choices.

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