About SouthState Bank
SouthState Bank is headquartered in Winter Haven, Florida, and was formed in 2013 with the merger of First Federal and South Carolina Bank and Trust. The bank operates in Alabama, Florida, Georgia, North Carolina, South Carolina, and Virginia. The bank has more than 250 branches and ATMs in the states it serves. It offers a full range of banking products, such as CDs, checking, money market, and savings accounts.
SouthState Bank Overview
SouthState Bank operates in six states in the southern region of the U.S. SouthState Bank provides a comprehensive range of banking products, including personal and business CDs, checking, money market, and savings accounts. The bank's savings accounts typically offer generally low yields, but it also offers a diverse range of checking accounts to fit many needs.
| Most accounts require minimal opening deposits. | Low APYs. |
| Most accounts can be opened online. | Small ATM network limited to only the bank's ATMs. |
| Monthly service charges can be waived by meeting certain account balance requirements. | CDs cannot be opened online. |
| Savings accounts only allow three free withdrawals per statement cycle. |
SouthState Bank Product Offerings
CDs
A certificate of deposit (CD) is a form of savings account that pays a fixed interest rate on the money in the account for a certain period, known as a term. SouthState Bank offers several CDs with terms varying from one month to ten years. All CDs offer yields in line with their respective national averages. Here are some of their best CD offerings for September 2025:
Checking Accounts
SouthState Bank offers several different business- and personal-checking accounts. Most of the checking accounts offer APYs below the national average of 0.01% for checking accounts. The personal checking accounts have monthly service charges, but they can be waived by meeting somewhat minimal requirements. Here are the latest account details for September 2025:
Money Market Accounts
A money market account is an interest-bearing hybrid between a savings account and a checking account. SouthState Bank offers a few money market accounts. These accounts feature free checks and a debit card. Here are the account details for September 2025:
Savings Accounts
SouthState Bank offers two savings accounts. Both accounts do not have a monthly service charge, and do not require a minimum opening deposit. The yields offered are in line with those of most traditional banks. Here are the latest savings account details for September 2025:
Bank Fees
Overdraft fee: $36
Savings and Money Market Account withdrawals: $10/excess withdrawal
Account closure fee: None
Wire transfer fee: Domestic - Incoming is $15 and outgoing is $30; International - Incoming is $15 and outgoing is $50
Non-network ATM fee: $3
Monthly service charge: $0-$15 depending on the type of account
Stop payment fee: $10
Paper statement fee: $2
SouthState Bank Features
SouthState Bank's customer service line is available Monday through Friday from 7:00 a.m. to 8 p.m. EST and on Saturdays from 8 a.m. to 5 p.m. EST. The bank also offers an automated telephone line that is available 24 hours a day, 7 days a week, for basic account information and changes. Peer-to-Peer transactions are available via Zelle as well as through Apple and Samsung Pay. The bank operates more than 250 branches and ATMs.
SouthState Bank FAQs
Our Take
SouthState Bank is ideal for residents of Alabama, Florida, Georgia, North Carolina, South Carolina, and Virginia, where it operates branches. Although it offers several different types of accounts, all offer APYs that are, at best, in line with the national averages for each respective account. Most accounts that assess monthly service charges also offer ways to waive the charges by meeting certain minimum balance requirements. Minimum opening deposits are also relatively low. If you live in one of the states the bank operates in, it may be a convenient choice, as the bank operates more than 250 branches and ATMs. For everyone else, there may be better online-only banks or other traditional banks that may offer higher yields or other incentives.
Methodology
Our editorial staff continually updates the information contained on our website. Our editorial staff has analyzed virtually all of the banks and credit unions that it follows, and it does weekly rate analysis for more than 250 prominent banks and credit unions. These institutions were chosen because they provide competitive APYs, low fees, and other factors we find important. These banks and credit unions often provide accounts that are available nationally. All of these banks are FDIC-insured, and all of these credit unions are NCUA-insured. Choosing an FDIC-insured bank or an NCUA-backed credit union assures that your money is protected as long as it stays within insurance limits and requirements.