SCBT will be join 4 other SC, NC, GA banks to operate under the name South State Bank.
Columbia, SC (WLTX) -- South Carolina Bank and Trust will be getting a new name this summer.
First Financial Holdings, which operates SCBT, announced it will join SCBT with four other banks. The combined brand will be called South State Bank.
The name change will take place on July 21. SCBT will be combined with First Federal, North Carolina Bank and Trust, Community Bank and Trust, and the Savannah Bank.
First Financial Holdings says the new brand will be a $7.9 billion bank, the largest publicly traded bank headquartered in South Carolina.
South State Bank will have 138 branches in South Carolina, North Carolina, and Georgia. First Financial Holdings CEO Robert Hill, Jr. say,s "We have combined a number of great banks into one strong, relationship driven regional bank. While our name is changing, our approach to relationship banking and exceptional service levels will remain the same. The new name will provide greater convenience and increased access for our customers."
First Financial Holdings will also undergo a name change to South State Corporation. Shareholders must approve the name change at their April meeting.