Another day, another big bank in trouble; are Asheville banks sound?

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Wachovia is toast. The U.S. economy is struggling to deal with the frozen credit situation. What does this all mean for Asheville banks, especially all the home-grown banks we’ve got around here? I don’t think our local banks got too involved with shaky sub-prime mortgages, but will there be some trickle-down effect? Anybody know how local banks are faring?

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Zipperhead September 29, 2008 - 4:56 pm

My checks will change names once again in a six year period. I done and going with RBC.

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