(COLUMBIA- October 22, 2015) In response to the recent floods in South Carolina, South State Bank has developed disaster recovery loan programs to provide relief to individuals who live in the communities impacted by the floods.

The programs include a Disaster Renovation Program and a Disaster Relief Loan, and both are designed to help South Carolinians rebuild after the recent floods. The Disaster Renovation Program is a special home loan program to help alleviate the financial burden individuals are facing. The Disaster Relief Loan is designed with low rates and special terms to help individuals recover more quickly. The programs are available in the counties designated for federal disaster relief.

'Many of our customers, employees, neighbors and friends were affected by this disaster,' said John F. Windley, president of South State Bank. 'Because the majority of these areas are not in flood zones, many of our customers are now faced with homes that are in some cases a total loss with no insurance. We wanted to do something to help our communities recover.'

Under the terms of the program, the Disaster Renovation Program includes a one-year, interest-only renovation period, which can be converted to a 30-year term. The rates and terms will be negotiated with each applicant based on needs and qualifications. Origination fees, commitment fees or construction administrative fees on loans will not be charged through this program.

The Disaster Relief Loan is an unsecured loan with flexible terms, which will allow individuals to borrow up to $50,000 to help with needs incurred as a result of the recent flood.

'We are committed to enhancing the communities we serve by providing high-quality programs that meet the unique needs of our customers in the affected areas,' said Windley. 'By providing various levels of assistance to help people through this disaster, our community will be able to heal and move forward stronger and better prepared for the future.'

Both the Disaster Renovation Program and the Disaster Relief Loan are available to consumers from October 21 through January 31, 2016. For additional information, visit a local South State branch, SouthStateBank.com or contact Customer Care at 1-800-277-2175.

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 24 South Carolina counties, 13 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 $8.6 billion and its stock is traded under the symbol SSB on the NASDAQ Global Select Market. More information can be found atwww.SouthStateBank.com . South State Bank is an equal housing lender.

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