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South State Bank to Open Two Branches in Raleigh in 2019

RALEIGH, N.C.--(BUSINESS WIRE)--

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 Lending.”

“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 (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 SouthStateBank.com.

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