This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Mountain Ist Bank sale to First Citizens closes rocky era
Mountain Ist shareholders approved selling Hendersonville bank to Raleigh based First Citizens for 10 million. Investors who paid 11 per share received 39 cents. 8 million funds go to repaying a 2008 TARP loan. Disgruntled holders consider a class action, while Mountain Ist executives defend the merger process. See Lawsuit, next page.
MENTIONED IN THIS ARTICLE
Lightning
Mountain Ist
Hendersonville
First Citizens
Frank B. Holding Jr
1St Financial
Mountain 1St
Bo Thomas Auditorium
BRCC
Reg Smith
Charlotte Law
Ter
Rees
Bank
Federal Treasury
Mountain Bank