Company Information

Get to know Park Sterling Bank

Founded in 2006 and headquartered in Charlotte, North Carolina, Park Sterling Bank was a community-focused financial institution that grew significantly through a series of strategic acquisitions. It offered a comprehensive suite of banking products and services, including personal and business banking, commercial loans, mortgages, and wealth management solutions. The bank's mission was to deliver high-quality service to communities across the Carolinas, Virginia, and Georgia. In a major regional banking consolidation, Park Sterling Corporation merged with South State Corporation, with the transaction officially closing on November 30, 2017. All Park Sterling Bank branches were subsequently rebranded as South State Bank.

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Financial BankingPRIMARY
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Park Sterling Bank

United States

Founded in

01 Jan 2006 (20 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.