Recently, it was announced that South State Bank, headquartered in Columbia, SC, is acquiring Southeastern Bank Financial Corporation, parent company to Georgia Bank and Trust.
Since there is a South State Bank in Richmond Hill, where we also have a branch location, we want to assure you that Southeastern Bank Financial Corporation is in no way related or connected to your Southeastern Bank. It’s unfortunate that there is another banking entity with a name so close to ours and we understand why people are confused.
We have received calls and questions from our customers and the general community, asking if our bank is merging with another or if we are being “bought out.” The answer is “No.” The merger between these other two banking organizations is not connected to us and therefore, does not affect our customers.
Southeastern Bank, your community bank for over 125 years, is firmly rooted in coastal Georgia and northeast Florida. We are dedicated to being your locally-owned bank; in fact, Southeastern Bank has never merged with a larger bank. Why? We understand the importance of local decisions, local lenders and a local person answering the phone. Have questions? Stop by or give us a call, we’re here to help.
About Us: Southeastern Bank, established in 1888, has a long history of serving its customers and communities. From checking accounts and loans to investments and more, Southeastern Bank has the financial products you need most. Southeastern Bank has 10 locations throughout coastal Georgia and northeast Florida that include Brunswick, Callahan, Darien, Eulonia, Folkston, Hilliard, Kingsland, Nahunta, Richmond Hill and St. Simons Island.