The Historic Banner Elk School, Exchange Library is the host location for the Old-Time Community Jam and the Bluegrass & Mountain Music Jam, both events on the Blue Ridge Music Trails of NC.

The Historic Banner Elk Elementary School is a unique and iconic cultural resource within the heart of downtown Banner Elk.  Built in 1939 as a WPA project during the Great Depression, the stone building served as an elementary school for seventy-one years prior to being converted into a business incubator site by the Avery County Board of Commissioners.