Company Snapshot: CBC  Print This Story  Email This Story  Save this Link View PR Newswire's RSS Feed  Blogs Discussing this News Release  Search Blogs that Mention this News Release  Click this link to view linked Bookmarking Services Click this link to view linked Blogging Services


Centura Completes Merger With FirstSouth Bank

    ROCKY MOUNT, N.C., Oct. 28 /PRNewswire/ -- Centura Banks Inc. (NYSE: CBC)
has completed its merger with FirstSouth Bank in Burlington, North Carolina.
    The merger gives Centura additional assets of $165 million, four offices
and a strong base of new clients along the heavily populated and highly
developed I-85 corridor between the Triad region of Greensboro, Winston-Salem,
High Point and the Triangle region of Raleigh, Durham, Chapel Hill.
    With assets of $6 billion, Centura provides a complete line of banking,
investment, insurance and trust services to individuals and businesses
throughout North Carolina. It provides services through 170 traditional and
supermarket financial centers, more than 230 ATMs at financial centers,
Wal-Mart and Sam's stores, its Centura Highway telephone banking center,
Quicken and Microsoft Money, the leading personal finance software packages,
and America Online, the world's largest provider of online services.


SOURCE Centura Banks Inc.




Back to Topback to top

CONTACT:
Frank L. Pattillo, Chief Financial Officer,
Centura Banks Inc., 919-977-8341, or Email: fpattillo@centura.com