Park Sterling Bank Email Format
BankingUnited States51-200 Employees
Park Sterling Bank is a United States-based bank providing full-service banking to individuals and businesses. The organization was founded in 2006 to offer an alternative to the limitations of small community banks and the rigidity of large national banks, and it has pursued a growth strategy combining organic expansion with partnerships, including a merger with First Capital Bank in Richmond, Virginia. In 2010, Park Sterling raised equity capital through an initial public offering. By 2016 the bank reported more than $3.2 billion in total assets and operated 55 banking offices across the Carolinas, Virginia, and northern Georgia. In 2017, Park Sterling Corporation merged with South State Bank, with the merger completed on December 1, 2017.