Important: ASB Bancorp and Asheville Savings Bank were acquired by First Bancorp on October 1, 2017. Former Asheville Savings Bank customers should now access their accounts through First Bank.
What happened to Asheville Savings Bank?
First Bancorp (NASDAQ: FBNC) completed its acquisition of ASB Bancorp, Inc. (NASDAQ: ASBB) on October 1, 2017. Under the merger agreement, Asheville Savings Bank, S.S.B. merged with and into First Bank.
Key acquisition details
- Acquisition date: October 1, 2017
- Transaction value: Approximately $175 million
- Price per share: $43.12 (cash and stock combination)
- Branches affected: 13 Asheville Savings Bank locations
- Systems conversion: Completed March 2018
How to access your accounts now
If you were a customer of Asheville Savings Bank, your accounts have been fully integrated into First Bank. Here’s how to access your accounts:
- Go to localfirstbank.com
- Click “Sign In” to access online banking
- Use your First Bank online banking credentials
If you haven’t set up First Bank online banking, visit your local branch or call customer service for assistance.
About the original Asheville Savings Bank
Asheville Savings Bank was founded in 1936 and headquartered in Asheville, North Carolina. Before the merger, it operated 13 full-service banking centers in Western North Carolina, serving Buncombe, Madison, McDowell, Henderson, and Transylvania counties.
Former services included:
- Mortgage and consumer banking
- Commercial banking services
- Checking and savings accounts
- Home equity loans and lines of credit
- Investment products through third-party broker-dealer
About First Bank
First Bank is a community bank serving North Carolina and South Carolina. Following the Asheville Savings Bank merger, First Bank became one of the leading community banks in North Carolina with over 100 branches throughout the Carolinas.
Contact First Bank
- Website: localfirstbank.com
- Customer service: (800) 558-8822
- Parent company: First Bancorp (NASDAQ: FBNC)
Last updated: January 2026
Last Updated on February 11, 2026
URL: https://log-in.me/asbbancorp-asheville-unitedstates/