First Bancorporation Inc. is the holding company of State Bank Financial. Established in 1858 as First Bank of Sparta and renamed as State Bank Financial in 2006, it offers a wide array of personal/business banking products and services, including checking/savings accounts, certificates of deposit (CDs), health savings accounts (HSA), etc. State Bank Financial offers investment services through Raymond James Financial Services Inc., with nearly 3,650 financial advisors in more than 2,000 offices nationwide. It also offers a variety of lending options to its customers, such as real estate, lines of credit, mortgage, etc. State Bank Financial is a member of the Federal Deposit Insurance Corporation (FDIC) and is an Equal Housing Lender.
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