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Centura Banks Inc. Declares Fourth Quarter Dividend

    ROCKY MOUNT, N.C., Sept. 23 /PRNewswire/  -- Centura Banks Inc.
(NYSE: CBC) has declared a cash dividend of 25 cents per share for the fourth
quarter of 1996.  The dividend of 25 cents is an 8.7 percent increase from the
23 cents per share paid in the fourth quarter of 1995.  The dividend is
payable on December 13, 1996 to shareholders of record on November 29, 1996.
    With assets of $5.8 billion, Centura provides a complete line of banking,
investment, insurance and trust services to individuals and businesses
throughout North Carolina.  It provides services through 155 financial
centers, more than 200 ATMs at financial centers, Wal-Mart and Sam's stores,
the Centura Highway telephone banking center and Quicken and Microsoft Money,
the leading personal finance software packages.  Centura is opening 33 bank
offices in Hannaford supermarkets in the Carolinas and Virginia by the end of
1997.


SOURCE Centura Banks Inc.




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CONTACT:
Frank L. Pattillo, Chief Financial Officer,
Centura Banks Inc., 919-977-8341