South State : Montague Laffitte Named Executive Vice President
November 30, 2016 at 12:05 pm EST
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(COLUMBIA, SC - NOVEMBER 30, 2016) South State Bank announced that R. Montague Laffitte, III has been named executive vice president.
Laffitte joined South State in 2002 as a credit analyst and management associate. He later moved into the Private Banking division in 2004 as assistant vice president. In 2006 Laffitte moved to the Forest Acres market, where he helped open the new Forest Acres office. He then returned to Gervais Street working with commercial, private banking and retail banking teams. This position evolved into his current role as regional president for the bank's Central Region in 2014. In 2015, Laffitte was awarded the SCBA Outstanding Young Banker Award, which is the highest honor presented in South Carolina's banking industry.
Laffitte earned a Bachelor of Arts degree in Business and Economics from Wofford College and an MBA in Finance from the University of South Carolina. He is also a graduate of the South Carolina Bankers Association School of Banking and the Leadership Columbia program.
An active member of the community, Laffitte currently serves as Chairman of Church Council at Shandon United Methodist Church, where he and his family are members. He also serves on the on the Ray Tanner Foundation Board and the Palmetto Baseball League Board. Previously, Laffitte served as Chairman of the SCBA Young Bankers Board and was an active member on the boards of the Providence Hospital Development Foundation, the USC Richland-Lexington Alumni Association and Vital Connections of the Midlands.
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 $8.7 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 Corporation published this content on 30 November 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 30 November 2016 17:05:07 UTC.
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SouthState Corporation is a financial holding company. The Company offers a range of banking services and products to its customers through its wholly owned bank subsidiary, South State Bank, National Association (the Bank). The Bank provides consumer, commercial, mortgage and wealth management solutions. The Bank's loan portfolio includes commercial real estate loans, residential real estate loans, commercial and industrial loans, and consumer loans. It also offers its customers a variety of deposit products and services, including checking accounts, savings accounts, other deposit accounts and treasury and merchant services, through multiple channels, including its network of approximately 251 full-service branches and online, mobile and telephone banking platforms. Through Corporate Billing, LLC, the Bank provides factoring, invoicing, collection, and accounts receivable management services to transportation companies and automotive parts and service providers.