Bank of Asheville shut down

With no warning, the North Carolina Office of Commissioner of Banks shut down the beleaguered Bank of Asheville on Friday, Jan. 21, with the Federal Deposit Insurance Corporation as receiver. First Bank, based in Troy, will take over the bank’s accounts and locations. According to the FDIC, the bank’s customers will still be able to access their accounts as normal.

Local Matters: Buncombe County health, A-B Tech funding and the 2011 Poetry Prize

In this week’s Local Matters podcast, reporter David Forbes discusses the good and bad in Buncombe County’s heath statistics, reporter Jake Frankel talks about the recent Buncombe County Commission decision to put additional A-B Tech funding to a referendum and Xpress director of business development James Fisher discusses our 2011 Poetry Prize.

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