Strategic Acquisition State Bank and Trust Company recently sold assets to CenterState Bank Corporation, presenting an opportunity to engage with former State Bank mortgage professionals who are now under CenterState Bank's umbrella. Leveraging this acquisition, sales teams can target these professionals with relevant banking services and build new relationships.
Local presence advantage With 32 banking and seven mortgage offices located across Georgia, State Bank has a strong local presence. Sales development representatives can capitalize on this local advantage to establish meaningful connections with potential customers seeking personalized banking solutions within the region.
Competitive Landscape Analysis When comparing with similar companies like Synovus Bank, United Community Bank, Regions Bank, and others, sales professionals can identify key differentiators of State Bank and position its suite of banking services as unique, potentially attracting customers looking for distinctive offerings.
Technology Integration Identifying the tech stack of State Bank, including Google Analytics, LiveAgent, and Facebook integration, can provide insights into the bank's digital capabilities. Sales development teams can leverage this information to tailor tech-savvy solutions for customers seeking advanced banking technology.
Revenue Potential With a revenue ranging from $100 million to $1 billion, State Bank presents a significant revenue potential for sales growth. Targeting businesses or individuals within this financial bracket can lead to lucrative sales opportunities and steady revenue streams for the company.