South State Bank

Branches

Your current location is: New York, NY

South State Bank Locations

Rates - February 18, 2019

Your current location is: New York, NY

CD RATES APY MIN MAX
3 Mo CD
0.50% $500 - Compare
3 Mo CD
0.50% $50,000 - Compare
6 Mo CD
0.50% $1 $24,999 Compare
6 Mo CD
0.50% $50,000 - Compare
12 Mo CD
0.85% $500 - Compare
12 Mo CD
0.85% $50,000 - Compare
Special: 13 Mo CD
1.96% $1 - Compare
Special: 13 Mo CD
1.95% $1 - Compare
18 Mo CD
0.90% $500 - Compare
18 Mo CD
0.90% $75,000 - Compare
24 Mo CD
0.95% $500 - Compare
24 Mo CD
0.95% $75,000 - Compare
Special: 25 Mo CD
2.25% $1 - Compare
Special: 25 Mo CD
2.27% $1 - Compare
30 Mo CD
0.95% $500 - Compare
30 Mo CD
0.95% $75,000 - Compare
36 Mo CD
1.05% $500 - Compare
36 Mo CD
1.05% $50,000 - Compare
Special: 37 Mo CD
1.76% $1 - Compare
48 Mo CD
1.31% $1 $24,999 Compare
48 Mo CD
1.31% $50,000 - Compare
Special: 49 Mo CD
2.40% $1 - Compare
Special: 49 Mo CD
2.42% $1 - Compare
60 Mo CD
1.31% $500 - Compare
60 Mo CD
1.31% $50,000 - Compare
SAVINGS RATES APY MIN MAX
MM RATES APY MIN MAX
Money Market
0.40% $1 $9,999 Compare
Money Market
0.50% $10,000 $24,999 Compare
Money Market
0.65% $25,000 $49,999 Compare
INT CHECKING RATES APY MIN MAX
Int Ckg
0.20% $1 -

Overview 2019

General Bank Information

FDIC Insured Yes
FDIC Certificate # 13425
Date Established 1934
Assets $14.52 billion
Loans $10.89 billion
Deposits $11.63 billion
Capital $2.46 billion

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $0.26 billion
Interest-bearing balances $0.03 billion
Total securities $1.55 billion
Federal funds sold and reverse repurchase $0.05 billion
Net loans and leases $10.89 billion
Loan loss allowance $0.05 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.01 billion
Goodwill and other intangibles $1.11 billion
All other assets $0.41 billion
     Total Assets $12.06 billion

LIABILITIES
Total deposits $11.63 billion
      Interest-bearing deposits $8.46 billion
      Deposits held in domestic offices $11.63 billion
      % insured (estimated) 80.31%
Federal funds purchased and repurchase agreements $0.28 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.14 billion
      Total Liabilities $12.06 billion
      Shareholders’ Equity $2.46 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.42 billion
Total Interest Expense $0.03 billion
Net interest income $0.39 billion
Provision for loan and lease losses $0.01 billion
Total non interest income $0.13 billion
Total non interest expense $0.33 billion
Pre-tax Net Operating Income $0.17 billion

South State Bank is an FDIC insured institution headquartered at 520 Gervais Street, Columbia, SC 29201.
It was founded in 1934 and has approximately $15 billion in assets. Customers can open an account at one of its 200 branches.

Savings Comparison

This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.

PRODUCT
BANK
BANK TYPE
STATE
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
MILES

Tax Rate: 30%

All calculations are for demonstration purposes only.

  • 1
    LOCAL SAVINGS
    Bank
    SOUTH CAROLINA
    $50,000
    N.A.
    0.35%
    1.72x (National Avg. - 0.20%)
    $25
    -
    SCENARIO
    Year Rate
    0.35%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 175 123
    2 50,175 176 123
    3 50,351 176 123
    4 50,527 177 124
    5 50,704 177 124
    6 50,881 178 125
    7 51,059 179 125
    8 51,238 179 126
    9 51,417 180 126
    10 51,597 181 126
    11 51,778 181 127
    12 51,959 182 127
    13 52,141 182 128
    14 52,323 183 128
    15 52,507 184 129
    16 52,690 184 129
    17 52,875 185 130
    18 53,060 186 130
    19 53,245 186 130
    20 53,432 187 131
    TOTAL $3,619 $2,533
  • 2
    ONLINE SAVINGS
    Online Bank
    -
    $50,000
    N.A.
    2.45%
    12.07x (National Avg. - 0.20%)
    $25,000
    -
    SCENARIO
    Year Rate
    2.45%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,225 858
    2 51,225 1,255 879
    3 52,480 1,286 900
    4 53,766 1,317 922
    5 55,083 1,350 945
    6 56,433 1,383 968
    7 57,815 1,416 992
    8 59,232 1,451 1,016
    9 60,683 1,487 1,041
    10 62,170 1,523 1,066
    11 63,693 1,560 1,092
    12 65,253 1,599 1,119
    13 66,852 1,638 1,147
    14 68,490 1,678 1,175
    15 70,168 1,719 1,203
    16 71,887 1,761 1,233
    17 73,648 1,804 1,263
    18 75,452 1,849 1,294
    19 77,301 1,894 1,326
    20 79,195 1,940 1,358
    TOTAL $31,135 $21,795