Friday, July 25, 2014
First Federal is now South State Bank.
First Federal merged with SCBT, the largest bank merger in state history, according to Community Relations Manager Linda Weber. All the brands formerly under SCBT are now South State.
SCBT operated as SCBT in South Carolina, as NCBT in North Carolina, as Community Bank & Trust in North Georgia and as The Savannah Bank in Savannah, GA. First Federal was located in coastal S.C. and Wilmington, N.C.
“Our team is excited about our next step together under a common brand,” said Robert R. Hill Jr., South State Bank CEO. “Our customers will have significantly expanded convenience while retaining the relationship banking culture that our company has been known for since 1934.”
Customers will now have access to 135 banking locations in three states – North Carolina, South Carolina and Georgia.
The bank also launched a new website, SouthStateBank.com, and expanded its social media presence on Instagram, Twitter and LinkedIn.
The company announced the new holding company name, South State Corporation, and the new stock ticker symbol, SSB, which will continue to be listed on the NASDAQ Global Select Market.
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