ROCKY MOUNT, N.C., June 18 /PRNewswire/ -- Centura Banks Inc. (NYSE: CBC)
has declared a cash dividend of 27 cents per share for the third quarter of
1997. The dividend of 27 cents is an 8 percent increase from the 25 cents per
share paid in the third quarter of 1996. The dividend is payable on
September 15, 1997, to shareholders of record on August 29, 1997.
With assets of $6.5 billion, Centura offers a broad range of banking,
investment and insurance services and is a pioneer in alternative delivery
channels. Centura is continuing to expand its market share in Eastern North
Carolina through the pending acquisition of 13 banking offices from United
Carolina Bank and Branch Banking & Trust Co. In addition, Centura has
established a presence in Virginia by opening four financial stores in
Hannaford Supermarkets with an additional opening scheduled in September.
SOURCE Centura Banks Inc.
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CONTACT: Steven Goldstein, Chief Financial Officer, Centura Banks Inc., 919-977-8356, or sgoldstein@centura.com
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