Area bank, in $6 billion merger, to create Southeast financial giant

South State Bank and CenterState Bank agree to a merger of equals.

  • By Business Observer Staff
  • | 2:33 p.m. January 27, 2020
South State Bank CEO Robert Hill Jr., left, and CenterState Bank CEO
South State Bank CEO Robert Hill Jr., left, and CenterState Bank CEO
  • Tampa Bay-Lakeland
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WINTER HAVEN — CenterState Bank and South State Bank, headquartered in Columbia, S.C., have agreed to an all-stock merger that, if approved by regulators and shareholders, will create the eighth-largest bank headquartered in the Southeast.

 

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