Black Mountain Savings celebrates a century in business

“Its money doesn't go outside the Valley, so if you want to see where your money is located all you have to do is walk around the neighborhood. If every bank in America was like this one, we wouldn't have a credit crisis.”

The board of directors of Black Mountain's oldest and only locally-owned bank met with their shareholders to discuss the bank's 2007 financial report, why it has served only the Swannanoa Valley for a century, ... via Asheville Citizen-Times