Our History

We Have a Long History of Personal Attention

LifeStore Bank is a hometown bank, and we embrace the local community. Our employees live in the towns where they work, volunteer in their communities, coach youth league teams, serve on local boards, and take pride in helping their neighbor.  Decisions are made locally, and you’ll get a live person when you call or send in a question.

In 2009 we became LifeStore Bank.  LifeStore describes what we really are - banks are typically called branches, but we are a retail store for your life’s needs.  The selection of LifeStore is a branding statement with the customer’s needs at heart. We have a proud heritage, starting in Ashe County in 1939 as Ashe Building & Loan Association, founded to help local people finance the building of a new home. In 1951 we became Ashe Savings & Loan Association, in 1982 we obtained a federal charter and became Ashe Federal Savings & Loan and in 1995 we became a federally chartered bank-Ashe Federal Bank. We continued to grow, adding Insurance in 1997 and expanding our footprint into the neighboring counties in Northwest North Carolina. We operated under the AF umbrella, offering banking, insurance, and investment services until 2009 when we brought all services under the LifeStore name.

Convenience, customer-center options, and a long history of personal attention.  Come see what we have in store for you.