Who bought CenterState Bank?

South State Bank
Despite the challenges of Covid-19, CenterState Bank forged ahead with its merger with South State Bank, which was completed this week. In a filing with the U.S. Securities and Exchange Commission on Monday, the Winter Haven-based bank said it had completed the merger with South Carolina’s South State Bank.

Who took over South State Bank?

On June 8, 2020, South State completed a merger with CenterState Bank. The new bank will keep the South State name, but move its headquarters to Winter Haven, Florida. The combined bank has $34 billion in assets.

Is South State Bank now CenterState Bank?

CenterState and SouthState Bank have merged to keep making your banking experience even better.

Who did SouthState buy?

(NASDAQ: ACBI) (“Atlantic Capital”) jointly announced today the signing of a definitive agreement pursuant to which Atlantic Capital will merge with and into SouthState in an all-stock transaction with an aggregate value of approximately $542 million, or $26.43 per share of Atlantic Capital common stock.

Did South State Bank buy CenterState?

CenterState and South State announced their “merger of equals” in January, an all-stock merger valued at more than $3 billion.

Who started CenterState bank?

Ernie Pinner
CenterState was cofounded by Ernie Pinner about 20 years ago. Pinner, a past chairman of the Central Florida Development Council (CFDC) retired as a company executive in January 2020. It is listed on Forbes America’s Best Banks 2020 list, ranking 24th with $17 billion in assets.

Is South State Bank Black Owned?

A Black-owned credit union is a not-for-profit banking institution in which a majority of its current members, its board of directors and the community it serves are African American….List of Black-owned banks and credit unions.

Financial Institution Headquarters
South Side Community Federal Credit Union Chicago, IL

Who bought Atlantic Capital Bank?

SouthState Corp.
In a move aimed at bolstering its presence in Atlanta’s competitive banking market, SouthState Corp. in Winter Haven, Florida, has agreed to acquire Atlantic Capital Bancshares for $542 million in stock.

Did South State Bank merge with another bank?

SouthState has announced the closing of its acquisition of Atlantic Capital Bank, effective March 1, 2022. “We are pleased to welcome the talented bankers and expanded corporate banking focus and expertise in payments and ‘banking as a service’ from Atlantic Capital,” said John C. Corbett, CEO of SouthState.

How many locations does CenterState Bank have?

CenterState operates 78 branches and offices 28 counties.

What is the largest Black-owned bank in America?

OneUnited Bank
OneUnited Bank is the nation’s largest Black-owned and FDIC-insured bank. It was established by combining Black-owned banks from across the country.

Is Citizens Bank Black-Owned?

Founded in 1921 by five black businessmen, today Citizens Trust Bank is a federally certified CDFI and the third largest African American owned financial institution in the nation with assets of more than $350 million.