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Macon Bancorp, the parent company for Macon Bank, Inc., has announced that the Board of Governors of the Federal Reserve System has granted conditional approval to convert from a mutual holding company to a stock holding company to be known as Entegra Financial Corp.

Roger D. Plemens, president and Chief Executive Officer of Entegra Financial, Macon Bancorp and Macon Bank, said, “The conversion to a stock form of organization will enable us to raise additional capital through the sale of common stock by Entegra Financial. This additional capital will give us the financial strength to better serve our existing customers, support our future growth and expansion, retain and attract qualified personnel and provide our customers with an opportunity to become owners of Entegra Financial.”

Macon Bancorp also announced that the registration statement relating to the sale of common stock by Macon Bank’s proposed stock holding company, Entegra Financial Corp., has been declared effective by the Securities and Exchange Commission.

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The WestCare Health System Board of Trustees and Duke LifePoint Healthcare today announced that the acquisition of WestCare by Duke LifePoint has been finalized.

Under the terms of the acquisition agreement, which was reviewed by the Attorney General of North Carolina, Duke LifePoint purchased Harris Regional Hospital, an 86-bed hospital in Sylva; Swain County Hospital, a 48- bed hospital in Bryson City; and WestCare Medical Park, an outpatient medical facility in Franklin. Duke LifePoint will invest a minimum of $43 million in capital improvements over the next eight years and provide new resources to help the system grow, recruit new physicians, enhance services and improve health care delivery throughout the region.

“As we have explored this acquisition over the last several months, Duke LifePoint has shown that it shares WestCare’s commitment to our hospitals, our patients and our communities,” said Bunny Johns, Chair of the WestCare Board of Trustees. “We are excited to begin our future as part of Duke LifePoint and to explore the great opportunities we have to enhance health care services to make our communities healthier.”

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The Franklin Chamber of Commerce recently held a ribbon cutting for The Goddess Shop located at 520 E Main Street, Suite B. The shop’s hours are 10 a.m. to 6 p.m. Tuesday through Saturday. Shoppers will find such items as statues of the Blessed Virgin Mary, books on angels, rosaries for all religions, books to inspire the goddess in every woman, herbs, locally infused oils, salves, candles, stones, incense and so much more.

“My shop is centered around the divine feminine in all women. I carry items meant to inspire and heal the female soul,” said owner Heather Lanham.

 

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Over the approaching weeks and months, Southwestern Community College will offer several free opportunities for aspiring entrepreneurs to attend a class entitled “How to Start a Business.”

The three-hour seminar, taught by Tonya Snider, will equip participants with a knowledge of the resources available to them as they start their own businesses.

“Starting a business can be a challenge, but it helps if you equip yourself with as much knowledge as possible.” said Tiffany Henry, director of SCC’s Small Business Center.The class will first be offered from 5:30-8:30 p.m. on Monday, Aug. 18, at SCC’s Macon Campus, and in Jackson County, Aug. 21 and Oct. 14, each from 9 a.m. -noon). A final seminar will be from 5:30-8:30 p.m. on Dec. 8 at Southwestern’s Swain Center.

 

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