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Park Sterling Bank, soon-to-be South State, expands Richmond Mortgage Team

Richmond, VIRGINIA – (February 1, 2018) – South State Bank is pleased to announce that it is expanding its team and presence through the addition of eight Richmond-based mortgage team members.

Paul Carioti, John Gregory, Todd Kern, Kendra Lengua, Michelle Melton, Shellee Mildrum, Hang Shaia and Iris Vogelmann have joined the South State team and will be located at 4222 Cox Road in Glen Allen, Virginia.

“We are pleased to build off of the foundation of our Park Sterling Bank presence through the expansion of our South State Mortgage team. These mortgage professionals all have extensive experience in the Richmond area, and their market knowledge and capabilities will enable us to better serve our Richmond-area customers and their mortgage needs,” said Bobby Cowgill, Richmond market president. “With the recently completed Park Sterling and South State merger, we will have expanded scale and enhanced resources to deliver value-added products and services across the spectrum of commercial, retail, wealth and mortgage banking.”

As a result of the Park Sterling and South State merger, 53 locations will be added to the South State footprint – five in Georgia, 23 in South Carolina, 17 in North Carolina and eight in Virginia. This provides increased accessibility and convenience for customers with 165 locations and more than 200 ATMs throughout South State’s banking network. The system conversion and transition of Park Sterling branch signage will occur April 20-22.

South State Corporation (NASDAQ: SSB) is a financial services company headquartered in Columbia, South Carolina, with over $14 billion in assets. South State Bank, the company’s primary subsidiary, provides consumer, commercial, mortgage and wealth management solutions throughout the Carolinas, Georgia and Virginia. South State has served customers since 1934. Additional information is available at SouthStateBank.com.

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