Southern States Bancshares Inc - ESG Rating & Company Profile powered by AI
The article includes a Q&A section about Southern States Bancshares Inc. This ESG rating for Southern States Bancshares Inc represents the company's transparency towards the UN Sustainable Development Goals. This Disclosure score covers 17 UN SDGs including: 'Zero Hunger', 'Climate Action' and 'Peace, Justice & Strong Institutions'.
Southern States Bancshares Inc in the Banks industry gained a UN SDG ESG Transparency Score of 4.0; made up of an environmental score of 0.0, social score of 4.0 and governance score of 8.0.
4.0
Medium ImpactEnvironmental
Social
Governance
Peer Group Comparison
| Rank | Company | SDG Transparency Score ⓘ | Performance |
|---|---|---|---|
| 1 | Landesbank Baden Wuerttemberg | 9.5 | High |
| 1 | UniCredit Bank Austria AG | 9.5 | High |
| 1175 | Pacific Premier Bancorp Inc | 4.1 | High |
| 1175 | Veritex Holdings Inc | 4.1 | High |
| 1194 | Southern States Bancshares Inc | 4.0 | High |
| 1194 | Bank Ozk | 4.0 | High |
| 1194 | Abu Dhabi Islamic Bank Egypt SAE | 4.0 | High |
| ... | ... | ... | |
| 2219 | sakartvelos bank'i ss | 0.0 | Low |
| 2219 | AlphaCredit Capital, S.A. de C.V. | 0.0 | Low |
| ... | ... | ... |
Frequently Asked Questions
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Potential Risks for Southern States Bancshares Inc
These potential risks are based on the size, segment and geographies of the company.
Southern States Bancshares, Inc. operates as the bank holding company for Southern States Bank that provides community banking services to businesses and individuals. It offers various deposit products, such as savings, money market, and noninterest-bearing demand accounts; certificates of deposit; and time deposits. The company also provides real estate loan products, which include loans for real estate construction and development, residential mortgages, and commercial real estate mortgage loans; commercial and industrial loans; and direct consumer installment loans, overdrafts, and other revolving credit loans. In addition, it offers online and mobile banking, and ATM services. The company operates 15 offices in Alabama and Georgia, as well as a loan production office in Atlanta, Georgia. Southern States Bancshares, Inc. was founded in 2007 and is headquartered in Anniston, Alabama.