Founded in 1936, Asheville Savings Bank maintains more than 10 branch offices and employs over 150 individuals in North Carolina. With more than $620 million in asset, it offers banking, investing, asset management and other financial and risk-management products. The bank operates as a locally managed and independent financial institution that serves various businesses, corporations, families and individuals. Asheville Savings Bank offers checking, savings and money market accounts, business investment, cash management and merchant card services, as well as home equity, personal, business and commercial loans. The bank also offers automatic electronic deposits and withdrawals and investment counseling and maintains Internet and telephone banking. Asheville Savings Bank maintains a branch in Candler, N.C.