Southern States goes public

Since starting in 2007, Southern States has grown to $1.9 billion in assets, with 15 branches in Alabama and Georgia and a loan production office in Atlanta

CEO Stephen Whatley of Southern States Bank. Photo by Art Meripol Starting a bank from scratch in his mid-50s wasn’t enough of a challenge for Stephen Whatley. Why not go public with a stock offering? Whatley and his associates raised more than $31 million in capital to open Southern States Bank in Anniston in 2007.…

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