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Failed Bank of Asheville, NC, Sold By FDIC To Bank Owing TARP Money

January 22, 2011 By Bill Zielinski 1 Comment

January 21, 2011 – The Bank of Asheville, Asheville, NC,was closed today by the North Carolina Office of Commissioner of Banks, which named the FDIC as receiver.  The FDIC sold the failed bank to First Bank, Troy, North Carolina, which assumed all deposits. The Bank of Asheville had five branches which will all reopen on […]

Filed Under: Bank Failure, Banking News, Failed Bank Bought By Bank Owing TARP Funds, Failed Banks, problem banks Tagged With: banking failure in north carolina, failed bank, First Bank, FNBC, problem bank, The Bank of Asheville fails, Weststar Financial

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