News Bulletins

First Citizens Bank takes over Mountain 1st Bank in $10 million deal

From Charlotte Business Journal: First Citizens Bank & Trust will buy Hendersonville-based 1st Financial Services Corp. in a $10 million deal, the two banks announced Wednesday. Raleigh-based First Citizens will pay $8 million to the U.S. Treasury to repay 1st Financial’s Troubled Asset Relief Program bailout. It will pay an additional $2 million to 1st […]

Citizen-Times: Layoffs expected at Mission Health along with paycuts for executives

From the Asheville Citizen-Times Story by Julie Ball ASHEVILLE — Despite looming reductions in reimbursements and planned staff cuts, Mission Health is moving ahead with plans for a new tower on the campus, CEO Dr. Ron Paulus said Tuesday. “I said in my letter (to employees), we are not backing off, we are not shrinking […]

Hendersonville-based Mountain 1st Bank to merge with First Citizens Bank

Press release From First Citizens Bank: RALEIGH and HENDERSONVILLE, N.C., Aug. 28, 2013 — First-Citizens Bank & Trust Company (known as First Citizens Bank) and 1st Financial Services Corporation announced today the signing of a definitive merger agreement. 1st Financial Services Corp. provides commercial banking products and services through its subsidiary, Mountain 1st Bank & […]

State rolls out new interactive maps to ease planning process for towns, developers, citizens

Press release From N.C. Department of Environment and Natural Resources: RALEIGH – State officials today announced the release of nine interactive maps that allow users to find facilities and activities permitted through state water quality programs that could affect water use and planning. The N.C. Division of Water Resources created the interactive maps and placed […]

HandMade in America and Arts Business Institute present Art Business Bootcamp

HandMade in America and the Arts Business Institute have teamed up to present Art Business Bootcamp, an intensive workshop for artists and art business owners. From a press release: This two-day intensive appropriately named, Art Business Bootcamp: Shape up your business! will present expert speakers, lectures, educational materials, regional business partners, and individualized artist critiques. […]

DHHS receives grant to provide $22 million in free and low-cost prescription drugs in rural NC

Press release From the North Carolina Department of Health and Human Services: Raleigh, N.C. – The Department of Health and Human Services (DHHS) today announced it has received a $773,728 grant from the Kate B. Reynolds Charitable Trust to provide free and/or low-cost prescription drugs in rural counties over the next 12 months. DHHS’ Office […]

The Fox & Beggar Theater brings Tarocco circus to Asheville in April

Through a successful Kickstarter campaign, Asheville’s Fox & Beggar Theater raised $7,500, which will go to the production of the circus “Tarocco.” That show will be performed April 18, 19, 25 and 26 at the Hazel Robinson Amphitheater. “The Tarocco Piemontese was a 15th century Italian card game, consisting of four suits (much like our […]

Tea Party Express salutes Rep. Mark Meadows at event today before town hall

From the Tea Party Express: Sacramento, CA – Tea Party Express, the nation’s largest Tea Party political action committee, will hold a press conference TODAY at 4:30PM in suburban Asheville to honor Rep. Mark Meadows (NC-11) for his leadership in the fight to defund Obamacare. Congressman Meadows will join Tea Party Express chairman Amy Kremer […]

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