A Message from the President
Considering all the recent news on the big bank failures, I want to assure you our bank is safe. While there are some commonalities in the decline in the values of bonds at virtually all banks, there are also key differences. The following are a few significant differences between our bank and the banks in the news: Aside from my support of our strength, there are several other rating companies that also reflect our bank as “5 Star” or “A” rated. Compare us to other banks, and I know am confident you will find SouthStar to be one of the strongest banks around. I encourage you to contact the Senior Officers at your local branch or me directly if you have any concerns. We want all our customers to feel comfortable with our bank as a safe place for any additional funds you, your friends, and your family have. Despite all the negative news on banks, we still believe our Star shines the brightest during these times. David R. KapavikPresident/CEO