South State Bank Announces $100,000 in Support of Families and Charleston Community
June 25, 2015
CHARLESTON, SC – South State Bank announced today that it is donating $100,000 toward efforts supporting the Mother Emanuel AME Church victims’ families and the future of the Charleston community.
The donation is meant to support the immediate needs of the families with $50,000 going to the Mother Emanuel Hope Fund, as well as the long-term needs of the Charleston community with $50,000 going to newly created Lowcountry Unity Fund.
The Lowcountry Unity Fund has been established by the Coastal Community Foundation to promote long-term solutions addressing systemic issues contributing to racism and economic inequality in African-American communities.
“We continue to be in awe of the resilience and strength of the Charleston community, many of whom are our customers and employees,” said Robert R. Hill, Jr., CEO. “It is our hope that this financial contribution can provide some immediate support to the victims’ families, and the work that many of our employees are doing in the community can have a lasting impact on moving the Charleston community forward.”
South State Corporation
South State Corporation is the largest bank holding company headquartered in South Carolina. Founded in 1933, the company’s primary subsidiary, South State Bank, has been serving the financial needs of its local communities in 19 South Carolina counties, 12 Georgia counties and 4 North Carolina counties for over 80 years. The bank also operates Minis & Co., Inc. and First Southeast 401K Fiduciaries, Inc., both registered investment advisors; and First Southeast Investor Services, Inc., a limited purpose broker-dealer. South State Corporation has assets of approximately $8 billion and its stock is traded under the symbol SSB on the NASDAQ Global Select Market. More information can be found at www.SouthStateBank.com.
