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Henderson County Business
First Citizens announces merger with Entegra
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First-Citizens Bank & Trust Company and Entegra Financial Corp. announced today the signing of a definitive merger agreement. Read Story »
Tags: banking
Henderson County Business
Entegra to merge with Knoxville-based Smartbank
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SmartFinancial Inc., the parent company of SmartBank, and Entegra Financial Corp., the parent company of Entegra Bank, have signed a merger agreement under which Entegra will combine with SmartFinancial in a strategic merger of equals. Read Story »
Tags: banking | Macon Bank | Entegra Bank | Smartbank
Henderson County News
Bob Sherman, banker and civic leader, dies at age 85
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Bob G. Sherman, who started his business career in the family grocery store and went on to a banking career that helped propel Hendersonville's growth in the 1960s and ‘70s, died Monday in Paducah, Ky. He was 85. Read Story »
Tags: banking
Henderson County Business
Credit union opens first in-school branch at WHHS
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Mountain Credit Union has announced the grand opening of the region's first ever student-run in-school credit union branch, which is at West Henderson High School. Read Story »
Tags: West Henderson High School | banking
Henderson County News
Business briefs: Bank stock, privilege tax, Warm Co., BB&T
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Tags: economic development | local government borrowing | banking | local government budgets
Hendersonville Business
Mountain 1st branches become First Citizens banks
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Mountain 1st Bank's home office and its branches got new signs over the New Year's holiday and reopened on Thursday as First Citizens Bank branches. Read Story »
Tags: Mountain 1st | banking
Hendersonville Business
LIGHTNING EXCLUSIVE: The rise and fall of Mountain 1st Bank
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Mountain 1st shareholders have received ballots to vote on merging the troubled bank with First Citizens Bank, a step that Mountain 1st directors and officers have strongly advocated. Read Story »
Tags: economy | Mountain 1st | banking
Hendersonville Business
LIGHTNING EXCLUSIVE: Rise and fall of Mountain 1st Bank
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Don't miss this week's issue of Hendersonville Lightning, on the street a day early and in homes via U.S. mail on Wednesday. Read Story »
Tags: Mountain 1st | banking
Hendersonville Business
Mountain 1st sale would close sour banking chapter
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First Citizens Bank's purchase of Mountain 1st Bank & Trust Co. would bring to a close a sour chapter of local banking history if Mountain 1st shareholders and federal regulators approve the transaction. Read Story »
Tags: Mountain 1st | banking | First Citizens Bank
Henderson County Business
First Citizens, Mountain 1st to merge
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First Citizens Bank and Hendersonville-based Mountain 1st Bank announced a merger on Wednesday under which Mountain 1st will receive $10 million. Of the total, $8 million will be used to repay a TARP loan and exit the 2008 bank rescue program and $2 million will go to Mountain 1st shareholders, or 38 cents a share. Read Story »
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