GoodBiz 2017 Sponsor Spotlight: South State Bank
Sep 18, 2017
South State Bank is a $14 billion asset bank providing best-in-class financial products and services, delivered with the personalized consideration that you get from being a community bank. Charleston is the home of the bank’s support center, 20 full service branches, 15 mortgage lenders, 11 commercial bankers, and 7 wealth professionals with a total of 650 local employees.
South State has long supported the efforts of Lowcountry Local First and has served as Presenting Sponsor for the Good Business Summit for the last 3 years.
We reached out to Bill Medich, Regional President, who explained the importance of choosing local for your business and personal financial needs.
What is the driving force behind your bank?
Effectively serving the financial needs of the citizens and businesses in the communities in which South State does business..
Why is banking so important for local-independent businesses?
When a business chooses to do business with a local bank those deposits (checking, savings accounts, etc.) become available as capital to fund new loans to local businesses. These new loans help businesses expand which creates greater economic activity and prosperity for individual businesses and our community as a whole.
What does being a “good business” mean to South State?
Operating an economically successful business in an environment which creates employee satisfaction through effectively serving our customers while providing employees opportunities for professional growth and personal success.
What are you most looking forward to with this year’s Good Business Summit?
Feeling the collective energy created by local business and people’s unique ideas and passion to succeed.