National Commerce Bancorporation & CCB Financial Complete Merger

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National Commerce Bancorporation & CCB Financial Complete Merger

    MEMPHIS, Tenn., July 5 /PRNewswire/ -- National Commerce Bancorporation
(Nasdaq: NCBC) and CCB Financial (NYSE: CCB) announced today the closing of
the financial institutions' merger of equals.  The combined company, which
retains the name National Commerce Bancorporation, is headquartered in
Memphis, Tennessee, with its operations headquarters in Durham, North
Carolina.
    On Thursday, June 29, shareholders of both financial institutions voted to
approve the merger.

SOURCE CCB Financial Corporation

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CONTACT:
M.J. "Jekka" Ashman of National Commerce
Bancorporation, 901-523-3525, or Eileen Sarro of CCB Financial
Corporation, 919-683-7642