The Transylvania Times -

First Bank Absorbs Asheville Savings Banks In WNC


March 12, 2018

First Bank will continue its expansion into western North Carolina when it completes the transition of the former Asheville Savings Bank locations, accounts and systems to First Bank the weekend of March 16 to March 19. First Bancorp, the parent company of First Bank, closed on its acquisition of Asheville Savings Bank in October 2017.

“Asheville Savings Bank and First Bank have a very like-minded focus when it comes to serving our communities and putting people first,” said Suzanne DeFerie, regional president for First Bank’s Western Region and the former president and CEO of Ashevi...

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