SouthState named a top 3 bank in the nation for Small Business & Middle Market Banking; leads U.S. in Best Bank Awards for Small Business Banking

Rhea-AI Summary

SouthState Bank (NYSE: SSB) has achieved remarkable recognition, being named among the top three banks nationally for Small Business and Middle Market Banking, securing 23 awards from Crisil Coalition Greenwich. The bank leads the U.S. in Best Bank Awards for Small Business Banking, earning 15 awards in the Small Business category for companies with $1-10M annual revenue.

Standing out among over 500 evaluated banks, SouthState received accolades for customer service, relationship management, and digital banking capabilities. The bank also ranked sixth in middle market recognition, winning 8 awards for serving businesses with $10-500M revenue. Since 2016, SouthState has accumulated 82 Coalition Greenwich awards, demonstrating consistent excellence in commercial banking services.

Positive

• Ranked top 3 nationally for Small Business and Middle Market Banking
• Leads U.S. in Best Bank Awards for Small Business Banking with 15 awards
• Ranked 6th in middle market recognition with 8 awards
• Strong track record with 82 Coalition Greenwich awards since 2016
• Serves 1.5 million customers across multiple states

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• None.

WINTER HAVEN, Fla., March 27, 2025 /PRNewswire/ -- SouthState Bank has been named a top three bank in the nation for Small Business and Middle Market Banking, earning 23 total awards from Crisil Coalition Greenwich. In addition, SouthState has earned the most Best Bank Awards (tied) in the U.S. for Small Business Banking.

More than 500 banks were considered for these awards from Crisil Coalition Greenwich. Only 38 regional and super-regional banks achieved the Best Bank distinction for Small Business Banking. According to Crisil Coalition Greenwich, Best Bank winners in U.S. Small Business Banking stand out for their ability to combine and deliver high-quality day-to-day service and digital banking tools. 

"There is no greater compliment than being recommended by our clients and recognized for the remarkable experiences we provide," said Richard Murray, president. "At SouthState, one of our Core Values is building meaningful and lasting relationships with our clients. In addition to having bankers who are invested in knowing our clients and their businesses, SouthState continues to make technology investments and advances, ensuring businesses of every size have access to the best payment and cash management solutions to drive those businesses forward. These awards showcase SouthState's commitment to excellence."

SouthState Bank topped the award recognition among small businesses, defined as companies with annual revenue between $1-10 million. The bank earned 15 awards in the Small Business category:

Coalition Greenwich Best Bank Award – Small Business Banking in the U.S.:

1. Best Bank – Overall Satisfaction for Small Business Banking in the U.S
2. Best Bank – Trust for Small Business Banking in the U.S.
3. Best Bank – Ease of Doing Business for Small Business Banking in the U.S.
4. Best Bank – Likelihood to Recommend for Small Business Banking in the U.S.
5. Best Bank – Satisfaction with RM for Small Business Banking in the U.S.
6. Best Bank – Advisory Capabilities of RM for Small Business Banking in the U.S.
7. Best Bank – Customer Service for Small Business Banking in the U.S.
8. Best Bank – Values Long-Term Relationships for Small Business Banking in the U.S.
9. Best Bank – Satisfaction in Cash Management for Small Business Banking in the U.S.
10. Best Bank – Ease of Making Payments for Small Business Banking in the U.S.
11. Best Bank – Product Capabilities in Cash Management for Small Business Banking in the U.S.
12. Best Bank – Satisfaction in Cash Management for Small Business Banking in the U.S. (South)
13. Best Bank – Likelihood to Recommend for Small Business Banking in the U.S. (South)
14. Best Bank – Overall Satisfaction for Small Business Banking in the U.S. (South)
15. Best Bank – Satisfaction with RM for Small Business Banking in the U.S. (South)

SouthState also demonstrated its ability to meet the complex needs of larger businesses by ranking sixth in award recognition among middle market businesses, comprising companies with annual revenue between $10-500 million. The bank won the following eight awards in the Middle Market Banking category:

Coalition Greenwich Best Bank Award – Middle Market Banking in the U.S.:

1. Best Bank – Values Long-Term Relationships for Middle Market Banking in the U.S.
2. Best Bank – Customer Service for Middle Market Banking in the U.S.
3. Best Bank – Advisory Capabilities of RM for Middle Market Banking in the U.S.
4. Best Bank – Satisfaction with RM for Middle Market Banking in the U.S.
5. Best Bank – Ease of Making Payments for Middle Market Banking in the U.S.
6. Best Bank – Product Capabilities in Cash Management for Middle Market Banking in the U.S.
7. Best Bank – Trust for Middle Market Banking in the U.S.
8. Best Bank – Satisfaction with RM for Middle Market Banking in the U.S. (South)

Since 2016, SouthState Bank has received a total of 82 Coalition Greenwich awards, consistently demonstrating its commitment to delivering exceptional commercial banking services and establishing itself as a trusted partner for businesses of all sizes.

Crisil Coalition Greenwich is a leading provider of strategic benchmarking, analytics and insights to the financial services industry, and specializes in providing unique, high-value and actionable information to help clients measure and drive their business performance. To determine the winners of the 2025 awards, Crisil Coalition Greenwich evaluated more than 500 banks and interviewed thousands of executives of small businesses with sales of $1-$10 million and middle-market firms with sales of $10-$500 million across the country, and measured institutions across a series of qualitative metrics.

SouthState Corporation (NYSE: SSB) is a financial services company headquartered in Winter Haven, Florida. SouthState Bank, N.A., the company's nationally chartered bank subsidiary, provides consumer, commercial, mortgage and wealth management solutions to more than 1.5 million customers throughout Florida, Texas, the Carolinas, Georgia, Colorado, Alabama, and Virginia. The bank also serves clients nationwide through its correspondent banking division. Additional information is available at SouthStateBank.com.

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SOURCE SouthState Bank N.A.

FAQ

How many awards did SouthState Bank (SSB) receive in the 2025 Coalition Greenwich recognition?

SouthState Bank received 23 total awards, including 15 in Small Business Banking and 8 in Middle Market Banking categories.

What revenue range defines SouthState Bank's (SSB) small business banking segment?

SouthState's small business banking segment serves companies with annual revenue between $1-10 million.

How many banks did Coalition Greenwich evaluate for the 2025 awards where SSB ranked top 3?

Coalition Greenwich evaluated more than 500 banks, with only 38 regional and super-regional banks achieving Best Bank distinction for Small Business Banking.

What is SouthState Bank's (SSB) total award count from Coalition Greenwich since 2016?

SouthState Bank has received a total of 82 Coalition Greenwich awards since 2016.