SouthState Bank, National Association

Headquarters

1101 1st St S
Winter Haven, FL 33880
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Notable Rates	APY	Vs.Others
Savings	N.A.	5.50% →
1-Year CD	N.A.	4.59% →
2-Year CD	N.A.	4.25% →
5-Year CD	N.A.	4.00% →
30-Year Mortgage	N.A.	4.91% →
15-Year Mortgage	N.A.	4.39% →
HELOC	N.A.	0.99% →

Overview
Deposit Rates
Loan Rates
Branches
Climate
Financial Details
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2024 Overview

General Bank Information

SouthState Bank, National Association is an FDIC insured institution located in Winter Haven, FL. It was founded in 1992 and has approximately $45.48 billion in assets. Customers can open an account at one of its 155 branches.


FDIC Insured	Yes
FDIC Certificate	# 33555
Date Established	1992
Assets	$ 45.48 billion
Loans	$ 32.86 billion
Deposits	$ 37.20 billion
Capital	$ 5.94 billion

For a more detailed analysis of SouthState Bank, National Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - December 30, 2024

Your Current Location: Ohio, OH 43085

Loan Rates - December 30, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for SouthState Bank, National Association

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Ohio 30 Year Fixed Mortgage Rates 2024

Lender	APR	Rate (%)	Monthly Payment	Learn More
NMLS ID: 66247	6.697%	6.625% 0.75 points $2,371 fees	$2,049	Learn More
NMLS ID: 2890 License#: MBMB.850089.000	6.730%	6.625% 0.75 points $3,481 fees	$2,049	Learn More
NMLS ID: 1025894	6.861%	6.750% 0.88 points $3,644 fees	$2,076	Learn More
NMLS ID: 2592312 License#: RM.805266.000	6.960%	6.875% 0.50 points $2,966 fees	$2,103	Learn More

See More Mortgage Rates →

Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender	APR (%)^?	Monthly Payment^?	Learn More
Third Federal Savings and Loan See Table	Intro APR 6.990 % After Intro: 6.990 %	$0	Learn More More Info
Conditions… Variable APR of Prime minus 1.01% in all states. Min loan amount $10,000. Max loan amount $200,000. 30-year term. Annual fee waived for the first year. See conditions for guarantee at thirdfederal.com. Third Federal rate are typically 20% lower than other leaders Guaranteed Lowest Rate No closing costs, prepayment penalties, or minimum draw requirements 10 year draw period
Rate See Table	Intro APR 7.900 % After Intro: 7.900 %	$25,000	Learn More More Info
A Guaranteed Rate HELOC is secured with your home as collateral, whereas personal loans and credit cards are not. To check the rates and terms you qualify for, we will conduct a soft credit pull that will not affect your credit score. However, if you continue and submit an application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit. Approval may be granted in five minutes but is ultimately subject to verification of income and employment, as well as verification that your property is in at least average condition with a property condition report. Five business day funding timeline assumes closing the loan with our remote online notary. Funding timelines may be longer for loans secured by properties located in counties that do not permit recording of e-signatures or that otherwise require an in-person closing. Guaranteed Rate Home Equity Line is an open-end product where the full loan amount (minus lender, broker, third party, and governement fees, as applicable) will be 100% drawn at the time of origination. The initial amount funded at origination will be based on a fixed rate; however, this product contains an additional draw feature. As the borrower repays the balance on the line, the borrower may make additional draws during the draw period. If the borrower elects to make an additional draw, the interest rate for that draw will be set as of the date of the draw and will be based on an Index, which is the Prime Rate published in the Wall Street Journal for the calendar month preceding the date of the additional draw, plus a fixed margin. Accordingly, the fixed rate for any additional draw may be higher than the fixed rate for the initial draw. Apply in 5 minutes, get your money in as fast as 5 days. Digital application experience. Funds directly to your bank account. No in-person appraisal needed.
Achieve Loans See Table	Intro APR 10.625 % After Intro: 10.625 %	$0	Learn More More Info
Home Equity loans are available through our affiliate Achieve Loans (NMLS ID #1810501), Equal Housing Lender. All loan requests are subject to eligibility requirements, application review, loan amount, loan term, and lender approval. Product terms are subject to change at any time. Offers are a line of credit. Loans are not available to residents of all states and available loan terms/fees may vary by state where offered. Line amounts are between $15,000 and $300,000 and are assigned based on product type, debt-to-income ratio, and combined loan-to-value ratio. Minimum 640 credit score applies for debt consolidation requests, minimum 700 applies for cash out requests. Other terms, conditions and restrictions apply. Fixed rate APRs range from 8.75% - 15.00% and are assigned based on underwriting requirements; offer APRs include a .50% discount for automatic payment enrollment (autopay enrollment is not a condition of loan approval). Example: average HELOC is $57,150 with an APR of 12.75% and estimated monthly payment of $951 for a 15-year loan. 10, 15, 20, and 30-year terms available (20 and 30 year terms only available for cash out requests). All terms have a 5-year draw period with the remaining term being a no draw period. Payments are fully amortized during each period and determined on the outstanding principal balance each month. Closing fees range from $750 to $6,685, depending on line amount and state law requirements and typically include origination (3.5% of line amount) and underwriting ($725) fees if allowed by law. Property must be owner-occupied and combined loan-to-value ratio may not exceed 80%, including the new loan request. Property insurance is required and flood insurance may be required if the subject property is located in a flood zone. You must pledge your home as collateral. Contact Achieve Loans for further details. Competitive rates, Pre-qualify in minutes Mortgage Advisors standing by to help find the best solution Flexible terms with fast funding Minimum credit score: 640

See More Home Equity Rates →

Note to SouthState Bank, National Association
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Branches

SouthState Bank, National Association branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Columbus,Ohio

SouthState Bank, National Association Locations around zip code 43085

Branch	Distance	Map	View Lobby Hours
King Street Branch	670.35	A	View Lobby Hours
Ortega Branch	673.02	B	View Lobby Hours
Southpoint Branch	675.36	C	View Lobby Hours
State Rd 16 St. Augustine Branch	699.47	D	View Lobby Hours
North St. Augustine Branch	699.94	E	View Lobby Hours
Alachua Branch	702.65	F	View Lobby Hours
State Rd 312 St. Augustine Branch	703.10	G	View Lobby Hours
A1a St Augustine Branch	703.93	H	View Lobby Hours
Gainesville Branch	710.65	I	View Lobby Hours
South St. Augustine Branch	710.88	J	View Lobby Hours
Millhopper Branch	711.42	K	View Lobby Hours
Newberry Road Branch	713.07	L	View Lobby Hours
East Palatka Branch	714.87	M	View Lobby Hours
34th Street Branch	715.29	N	View Lobby Hours
Palatka Branch	716.38	O	View Lobby Hours
Interlachen Branch	717.32	P	View Lobby Hours
Micanopy Branch	721.01	Q	View Lobby Hours
Crescent City Branch	731.55	R	View Lobby Hours
Quail Meadows Branch	743.78	S	View Lobby Hours
Silver Springs Branch	744.96	T	View Lobby Hours
Messenger Service	744.99	U	View Lobby Hours
Ormond Beach Branch	745.01	V	View Lobby Hours
Boulevard Branch	745.91	W	View Lobby Hours
Messenger Service	746.00	X	View Lobby Hours
Ocala Branch	746.33	Y	View Lobby Hours
Daytona Beach Branch	751.25	Z	View Lobby Hours

View Branches Nationwide →

Climate Policy and Initiatives

SouthState Bank, National Association is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

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Financial Details

SouthState Bank, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of SouthState Bank, National Association. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio

SouthState Bank, National Association	U.S. Bank Average
3.1%	4.48%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2024, SouthState Bank, National Association had $195,820,000 in non-current loans and $3,057,000 in owned real estate. To cover these potential losses it had $5,935,328,000 in equity and $472,298,000 in loans loss reserves. That gives it a Texas Ratio of 3.1%.

Return on Equity

SouthState Bank, National Association	U.S. Bank Average
9%	10.46%

SouthState Bank, National Association has a Return on Equity of 9% versus the BestCashCow average of 10.46%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization

SouthState Bank, National Association	U.S. Bank Average
13.05%	10.84%

SouthState Bank, National Association has a Capitalization of 13.05% versus the BestCashCow average of 10.84. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

SouthState Bank, National Association Balance Sheet Analysis

As of June 30, 2024, SouthState Bank, National Association had assets of $45,481,202,000, loans of $32,862,273,000, and deposits of $37,195,442,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2024

ASSETS
Cash & Balances due from depository institutions	$ 1,094.50 million
Interest-bearing balances	$ 587.32 million
Total securities	$ 6.85 billion
Federal funds sold and reverse repurchase	$ 22.42 million
Net loans and leases	$ 32.86 billion
Loan loss allowance	$ 472.30 million
Trading account assets	$ 274.96 million
Bank premises and fixed assets	N.A.
Other real estate owned	$ 3.06 million
Goodwill and other intangibles	$ 2.09 billion
All other assets	$ 1,842.45 million
Total Assets	$ 39.55 billion

LIABILITIES
Total deposits	$ 37.20 billion
Interest-bearing deposits	$ 26.72 billion
Deposits held in domestic offices	$ 37.20 billion
% insured (estimated)	64.50%
Federal funds purchased and repurchase agreements	$ 542.40 million
Trading liabilities	$ 985.92 million
Other borrowed funds	$ 2.83 million
Subordinated debt	N.A.
All other liabilities	$ 521.26 million
Total Liabilities	$ 39.55 billion
Shareholders’ Equity	$ 5.94 billion

Summary Income Statement

June 30, 2024

INCOME AND EXPENSES
Total Interest Income	$ 1,048.25 million
Total Interest Expense	$ 342.18 million
Net interest income	$ 706.07 million
Provision for loan and lease losses	$ 16.58 million
Total non interest income	$ 161.51 million
Total non interest expense	$ 504.50 million
Pre-tax Net Operating Income	$ 293.43 million

Bank Loan Profile^?

The top three loan types in SouthState Bank, National Association’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks, SouthState Bank, National Association’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

	% Loans	% Comparison to Other Banks
		Low	Med	High
1-4 Family Residential Loans	18.72		✓
Multifamily Mortgages	1.90		✓
Credit Card Loans	0.05		✓
Consumer Auto Loans	1.05		✓
Small Business Loans	7.18		✓
Construction and Development Loans	7.63		✓
Commercial Real Estate	38.12		✓
Commercial and Industrial Loans	11.27		✓
Farm Loans	0.04		✓

Customer Reviews for SouthState Bank, National Association

Justice

July 22, 2021

This is a criminal lender and the worst bank. They merged with CenterState Bank.. They have made our lives miserable with a wrongful, fraudulent foreclosure. We will be starting a Website with all of the information. Heed my warning and DO NOT do business with SouthState Bank. Let's put these criminals out of business. I am looking forward to exposing their frauds. Keep an eye on the news stations and newspapers as well because they will be disseminating this information also.

Is this review helpful? Yes:1 / No: 0
SandraFaye

December 7, 2019 |

This is the most ridiculous bank I have ever used and now they have started charging me a 12 maintenance fee on my money market account, so in other words my money that they draw interest on they are also going to charge me on top of that let alone with this so called bank you can't transfer your own money now if it's past 10pm, and if you make a deposit on Saturdays at the bank with a teller your money still doesn't show up in your account til Mondays. I have had this account since it was originally was The First National Bank of Florida,then it was Charter which was easy to work with but since the merger and becoming Center State Bank I have had nothing but one issue after another. Come Monday I'm closing out my money market then next my bank account.

Is this review helpful? Yes:2 / No: 0