Federal Reserve Board announces approval of application by South State Corporation

The following press release was published by the Board of Governors of the Federal Reserve System on Feb. 11. It is reproduced in full below.

The Federal Reserve Board on Friday announced its approval of the application by South State Corporation, Winter Haven, Florida, to acquire Atlantic Capital Bancshares, Inc., and thereby indirectly acquire its subsidiary bank, Atlantic Capital Bank, National Association, both of Atlanta, Georgia.

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Source: Board of Governors of the Federal Reserve System