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Centura Banks Inc. Declares First Quarter Dividend

    ROCKY MOUNT, N.C., Dec. 18 /PRNewswire/ -- Centura Banks Inc. (NYSE: CBC)
has declared a cash dividend of  25 cents per share for the first quarter of
1997.  The dividend is payable on March 14, 1997, to shareholders of record on
Feb. 28, 1997.
    With assets of $6.0 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.




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