- SouthState Bank (SSB, Financial) issued $5.75 billion in CRA-eligible loans in 2024.
- The bank awarded $7.1 million in grants to 2,393 organizations.
- Significant environmental achievements through digital initiatives, including saving over 1 million gallons of water.
SouthState Bank (SSB) has released its 2025 Corporate Stewardship Report, illuminating significant advancements in community engagement and sustainability during 2024. One of the notable financial commitments included issuing $5.75 billion in CRA-eligible loans, a testament to the bank's dedication to fostering community development.
In addition, the bank channeled $7.1 million in grants to 2,393 community organizations. SouthState Bank also focused on affordable housing and economic development by allocating $54.7 million to associated projects and $670 million towards affordable lending mortgage programs.
Employee engagement soared with a 24% increase in volunteer hours, totaling 19,047 hours across 1,028 organizations. This engagement is integral to the bank's community-centric ethos.
SouthState Bank also emphasized workforce diversity, reporting a representation of 14.78% for Black/African Americans and 7.78% for Hispanic/Latino employees. The bank's environmental initiatives were equally impressive, saving 1.28 million gallons of water and 1.08 million pounds of CO2 emissions through digital adoption, with 58% of accounts utilizing eStatements.
As a financial services company headquartered in Winter Haven, Florida, SouthState Corporation continues to expand its reach, serving over 1.5 million customers across several states, including Florida, Texas, and the Carolinas. More information about their stewardship efforts can be found on their corporate stewardship page.
