What are Park Sterling's Business Segments?
Park Sterling Corp is a financial services corporation that offers a range of services to its customers. The company operates through various segments such as Community Banking, Mortgage Banking, Treasury Services, and Wealth Management.
Community Banking: Park Sterling Corp offers Community Banking services through its commercial and consumer banking operations. The company provides a range of deposit products, loans, and other financial services to individuals, businesses, and nonprofit organizations in the communities it serves. Its services include checking and savings accounts, money market accounts, CDs, IRA accounts, credit cards, and loans for personal, commercial, and agricultural purposes.
Mortgage Banking: Park Sterling Corp provides a range of mortgage banking services that help customers fulfill their homeownership dreams. The company offers purchase and refinance loans, including fixed-rate mortgages, adjustable-rate mortgages (ARMs), jumbo loans, and government-insured loans such as Federal Housing Administration (FHA), Veterans Affairs (VA), and United States Department of Agriculture (USDA) loans.
Treasury Services: Park Sterling Corp provides a range of Treasury Services to its commercial clients to manage their cash, mitigate risks, and streamline their payment systems. The company's Treasury Services include online banking, mobile banking, wire transfers, ACH origination, fraud prevention services, and remote deposit capture.
Wealth Management: Park Sterling Corp provides Wealth Management services through its wholly-owned subsidiaries, Park Sterling Wealth Management and Raymond James Financial Services. The company provides customized investment solutions to individuals, families, and small business owners seeking to build and preserve their wealth. Its services include financial planning, investment management, retirement planning, estate planning, and trust administration.
In summary, Park Sterling Corp offers a range of products and services that include Community Banking, Mortgage Banking, Treasury Services, and Wealth Management. Its diverse range of financial services allows the company to cater to the needs of individuals, businesses, and nonprofit organizations in the communities it serves.
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