DURHAM, N.C., Jan. 3 /PRNewswire/ -- CCB Financial (CCBF) Corporation,
parent company of American Federal Bank, reported today that all 207 of its
offices opened their doors this morning as usual on the first business day of
the Year 2000. The bank reported no problems over the weekend when their
computer systems rolled over to the new millennium.
"We have come through the turn of the century without a hitch," said
Ernest C. Roessler, chairman, president and CEO of CCBF. "We prepared for
this day for a long time and our years of hard work paid off. It's business
as usual today."
On this first business day of the new millennium, American Federal
customers have complete and normal access to their accounts through
telebanking, ATMs, and the branches.
In order to ensure that business remains normal at the bank, CCBF's Y2K
Command Center will remain open and fully staffed for another week. The
Command Center, located in a converted conference room in the bank's
operations center in Durham, N.C., has been the headquarters for all of CCBF's
final Y2K testing and reporting functions.
Members of the bank's Y2K management team have staffed the command center
around the clock since December 27 to oversee the bank's operating systems.
Roessler credits the bank's Y2K management team with planning and
implementing a smooth transition to the year 2000. Once the computer systems
were ready to go, the Y2K management team conducted a rigorous schedule of
rehearsals and wellness checks to make certain the bank would be ready for the
rollover. The bank followed guidelines outlined by the Federal Financial
Institutions Examination Council (FFIEC).
CCB Financial Corporation's (NYSE: CCB) two banking subsidiaries, Central
Carolina Bank in North Carolina and American Federal Bank in South Carolina,
serve customers through 207 offices, 229 ATMs, its Telebanking Center, and on-
line banking for both retail and commercial accounts. The Trust and Investment
Management division currently has 16 offices in the Carolinas, Virginia and
Florida, with trust assets exceeding $4 billion. As of September 30, 1999,
CCB had total assets of $7.8 billion. News releases and other information
about CCB Financial are available on the Internet at the Corporation's
website, CCBonline.com
SOURCE CCB Financial Corporation
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http://www.prnewswire.com/comp/150641.html or fax,
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CONTACT:
Eileen Sarro of CCB Financial Corporation,
919-683-7642, or eileen.sarro@ccbf.com
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