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Founded Year



Acq - P2P | Acquired

About ASB Bancorp

ASB Bancorp is the parent company of Asheville Savings Bank, a community bank.

ASB Bancorp Headquarter Location

PO Box 652

Asheville, North Carolina, 28801,

United States


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Latest ASB Bancorp News

ASB shareholders approve merger with First Bancorp

Sep 29, 2017

ASB shareholders approve merger with First Bancorp Published 20 September 2017 Shareholders of ASB Bancorp, the holding company for Asheville Savings Bank, approved the merger between ASB Bancorp and First Bancorp, under which ASB Bancorp will merge with and into First Bancorp. The votes cast by ASB Bancorp, Inc. shareholders in favor of the proposal to approve the merger represented approximately 79.1% of ASB Bancorp, Inc.'s issued and outstanding common stock entitled to vote as of July 19, 2017, the record date for the special meeting. Of the shares voted, approximately 98.7% voted to approve the merger. First Bancorp and ASB Bancorp, Inc. have received approvals for the merger from the North Carolina Commissioner of Banks and from the Board of Governors of the Federal Reserve System. The merger is expected to close on October 1, 2017. Source: Company Press Release

  • When was ASB Bancorp founded?

    ASB Bancorp was founded in 1936.

  • Where is ASB Bancorp's headquarters?

    ASB Bancorp's headquarters is located at PO Box 652, Asheville.

  • What is ASB Bancorp's latest funding round?

    ASB Bancorp's latest funding round is Acq - P2P.

  • Who are the investors of ASB Bancorp?

    Investors of ASB Bancorp include First Bancorp.

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