ASB Bancorp - Ownership and Business Overview

Financial ServicesCompany

ASB Bancorp Ownership

Who owns ASB Bancorp?

ASB Bancorp is owned by First BanCorp.. It was acquired on May 1, 2017.

ASB Bancorp Business Overview

Where is ASB Bancorp headquartered?

ASB Bancorp is headquartered in Asheville, North Carolina.

How many employees does ASB Bancorp have?

ASB Bancorp has 155 employees.

What sector is ASB Bancorp in?

ASB Bancorp is a financial services company.

When was ASB Bancorp founded?

ASB Bancorp was founded in 1936.

Financial Services M&A Summary in 2017

Out of 60 sectors in the Mergr database, financial services ranked 12 in number of deals in 2017. The largest financial services acquisition in 2017 was Worldpay UK - which was acquired by Worldpay for $12.0B.

Join Mergr to view all 238 acquisitions of financial services companies in 2017, including 56 acquisitions by private equity firms, and 182 by strategics.

ASB Bancorp, Inc.

11 Church Street,
Asheville, North Carolina 28801
United States,
(828) 254-7411
www.ashevillesavingsbank.com

ASB Bancorp is the holding company for Asheville Savings Bank (the "Bank"). The Bank is a North Carolina chartered stock savings bank offering traditional financial services through 13 full-service banking centers located in Buncombe, Madison, McDowell, Henderson and Transylvania counties in Western North Carolina. Originally chartered in 1936 and headquartered in Asheville, North Carolina, the Bank is locally managed with a focus on fostering strong relationships with its customers, its employees and the communities it serves.


Company Summary

SECTOR

Financial Services

Employees

155

Established

1936

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