CenterState and South State Merge to Create Southeast Regional Bank
CenterState Bank Corporation, the parent company of CenterState Bank, and South State Corporation, the parent company of South State Bank, jointly announced Monday that they have entered into a definitive agreement under which the companies will combine in an all-stock merger of equals with a total market value of approximately $6 billion to create a leading Southeastern-based regional bank. CenterState has locations in all three Treasure Coast counties, Indian River, Martin and St. Lucie.