What bank merged with SouthState Bank?
SouthState Bank completed a landmark merger with Independent Financial (parent company of Independent Bank), expanding its commercial and retail footprint significantly into Texas and Colorado while increasing combined assets substantially. Prior to that, SouthState executed a massive merger of equals with CenterState Bank, which established its expansive presence across Florida and the broader Southeastern region. These strategic transactions continue to fuel SouthState's growth as a premier regional bank.
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There are no reports of widespread operational issues, major technical failures, or cybersecurity events impacting SouthState Bank's overarching banking infrastructure.
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