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CCB Ready for Business in Year 2000

    DURHAM, N.C., Jan. 3 /PRNewswire/ -- All 207 offices of Central Carolina
Bank (CCB) 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 CCB.  "We prepared for this
day for a long time and our years of hard work paid off.  It's business as
usual at CCB today."
    On this first business day of the new millennium, CCB 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, CCB'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, has been the headquarters for all of CCB'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, 217 ATMs, its Telebanking Center, and on-
line banking for both retail and commercial accounts. The Trust and Investment
Management division currently has 14 offices in the Carolinas, Virginia and
Florida, with trust assets exceeding $4 billion.  As of June 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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    CONTACT:
    Eileen Sarro of CCB Financial Corporation,
    919-683-7642, or eileen.sarro@ccbf.com