Southern National Corp. is looking for a new home for its credit card operations.

The North Carolina bank holding company said it wants to move the $400 million business out of its home state. It has hired a consulting firm to evaluate its options, and has narrowed the list to three states: Virginia, Georgia, and Nebraska.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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