Internet banking and a merger


Park Sterling closing Jonesville branch

By Charles Warner - cwarner@uniondailytimes.com



Charles Warner | The Union Times Park Sterling Bank will close its Jonesville branch on Jan. 23, 2018. The operations currently handled at the Jonesville branch will be consolidated into the Park Sterling branch on the Duncan Bypass in Union.


JONESVILLE — Technology-driven changes in the way people do their banking coupled with a corporate merger designed to provide its customers with greater service are behind the decision by Park Sterling Bank to close it Jonesville branch.

Bill Bunn, Retail Banking Director for Park Sterling Bank, said this week that the decision to close the bank was made partly due to the fact that more people are banking online. Bunn said that instead of physically going to the bank as they would in the past, more and more people are using mobile banking and digital banking. He said that the rise of this Internet-based banking has given banks like Park Sterling more ways to serve its customers in addition to having them physically come to their facilities.

In addition, Bunn said Park Sterling is merging with South State Bank out of Columbia. He said the merger, which is expected to occur by the end of the year, will be “a great partnership between two high-performing banks.” The merger, Bunn said, will give customers access to more banking facilities in South Carolina, North Carolina, Virginia, and northern Georgia.

As a result of the combination of these two factors, the Jonesville branch is scheduled to close Jan. 23, 2018 and its operations consolidated into the Park Sterling facility on the Duncan Bypass, one of two facilities the bank has in Union.

Bunn said that Park Sterling’s customers will not be adversely affected by either the closing of the Jonesville branch nor the merger.

In addition, Bunn said that the personnel who currently staff the Jonesville branch, will be retained by South State and transferred to one of the two branches in Union.

As for what will be done with the Jonesville facility after it has closed, Bunn said no decision has been made about its future.

Charles Warner | The Union Times Park Sterling Bank will close its Jonesville branch on Jan. 23, 2018. The operations currently handled at the Jonesville branch will be consolidated into the Park Sterling branch on the Duncan Bypass in Union.
http://www.uniondailytimes.com/wp-content/uploads/2017/10/web1_IMG_1958.jpgCharles Warner | The Union Times Park Sterling Bank will close its Jonesville branch on Jan. 23, 2018. The operations currently handled at the Jonesville branch will be consolidated into the Park Sterling branch on the Duncan Bypass in Union.
Park Sterling closing Jonesville branch

By Charles Warner

cwarner@uniondailytimes.com

Charles Warner can be reached at 864-762-4090.

Charles Warner can be reached at 864-762-4090.

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