Entegra Financial Corp. is the holding company of holding company for Macon Bank, Inc. (Bank). The Company’s primary operation is its investment in the Bank. The Company also owns 100% of the common stock of Macon Capital Trust I, a Delaware statutory trust formed to facilitate the issuance of trust preferred securities. The Bank is a North Carolina state-chartered savings bank and has a wholly owned subsidiary, Macon Services, Inc., which owns a real estate investment property. The Bank operates as a community-focused retail bank, originating primarily real estate based mortgage, consumer and commercial loans and accepting deposits from consumers and small businesses. The Company provides a range of financial services through offices located in Cherokee, Henderson, Jackson, Macon, Polk and Transylvania counties, North Carolina. It provides retail and commercial banking products, as well as wealth management services through a third party.