Park Sterling Corp. (PSTB) in Charlotte, N.C., is entering the Virginia market.

The $2 billion-asset company is moving the headquarters of its mortgage banking and wealth management businesses to the Greater Richmond area, according to a Friday press release. Park Sterling is also launching a commercial banking team in the region.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.