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Henderson County Business

Bond rater affirms solid forecast for county

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A bond rating service has affirmed ratings of AA- (double-A minus) for Henderson County financing of construction and a rating of AA for general obligation bonds.   Read Story »

Tags: finance | Finance Director Carey McLelland | local government borrowing | local government budgets

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 »

Tags: finance | banking

Henderson County Business

Banker moves to Forest Commercial

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Ragan Ward of Hendersonville has joined Forest Commercial Bank as Vice President, Commercial Banker for the Hendersonville market, according to Senior Vice President and Chief Lending Officer Jeff Covington.   Read Story »

Tags: finance | Ragan Ward | Forest Commercial Bank

Henderson County Business

Finance office names local branch head

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Janney Montgomery Scott LLC has hired David E. Grice as executive vice president for wealth management and branch manager of its new office here.   Read Story »

Tags: economy | finance