SouthState Bank launches government contractor banking unit
Winter Haven, Florida - SouthState Bank has launched a new Government Contractor Banking division, appointing David Mathis as its director. The new unit will offer financing, treasury management, capital markets, and merger and acquisition services to companies in the government contracting sector. The bank's operations are present in nine states, including military bases, ports, and facilities that support federal agencies like NASA, the Department of Justice, and the Department of Energy.
Mathis, who previously worked as a commercial banker for 25 years in North Alabama, now brings his expertise to SouthState. He emphasized the bank's commitment to understanding government contractors' unique challenges and providing them with tailored banking solutions. SouthState Bank Corporation, headquartered in Winter Haven, Florida, serves over 1.5 million customers across multiple states and through its correspondent banking division.
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