Centura Wins Top NAIC Annual Report Honors For 2nd Straight Year

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Centura Wins Top NAIC Annual Report Honors For 2nd Straight Year
    ROCKY MOUNT, N.C. Dec. 2 /PRNewswire/ -- The nation's largest organization
of individual investors has selected Centura Banks Inc.'s (NYSE: CBC) 1995
annual report to shareholders as the best among mid-sized banks in America.
    The National Association of Investors Corporation awarded Centura the
Nicholson Award, which honors the nation's most outstanding annual reports
from the viewpoint of the individual investor.  Centura's report was selected
Best in the Industry for mid-sized banks.  Last year, Centura's 1994 annual
report was selected Best in the Industry for small banks.
    "We are pleased to be recognized for the second consecutive year for our
investor outreach efforts," said Robert R. Mauldin, Centura's chairman and
CEO.  "Our 1995 annual report speaks to the dramatically changing world of
financial services and our demonstrated commitment to building shareholder
value by transforming Centura into a retailer of financial services,
responsive to the ever-changing needs of our customers."  Centura developed
its 1995 annual report, titled "Here and Now," in collaboration with
Price/McNabb's investor communications group and Jeff Gold Visual Strategies,
both based in Charlotte.  Centura also teamed with Price/McNabb and Jeff Gold
to produce the award-winning 1994 annual report.
    The NAIC, based in Madison Heights, Mich., is a non-profit organization
comprised of Investment clubs and individual investors.  Membership totals
more than 343,000 individuals with a total investment portfolio of
approximately $15 billion.  The NAIC was founded in 1951 to provide investment
education to investors and increase the number of individual investors in
common stock.
    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 167 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.