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CCB Financial Corporation Reports Dividend Declaration

    DURHAM, N.C., Oct. 19 /PRNewswire/ -- At their regular quarterly meeting,
the Board of Directors of CCB Financial Corporation (NYSE: CCB) declared a
quarterly cash dividend on common stock of $.29.  The dividend is payable
January 3, 2000 to shareholders of record December 15, 1999.


SOURCE CCB Financial Corporation




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    800-758-5804, ext. 150641
    CONTACT:
    Jenny R. Kobin of CCB Financial Corporation,
    919-683-7646