ROCKY MOUNT, N.C., Aug. 18 /PRNewswire/ -- Centura Banks Inc. (NYSE: CBC)
today adds 13 new branches in 10 markets, giving it increased market share and
a significant number of new customers in Eastern North Carolina.
    The new financial stores are the result of Branch Banking & Trust
Company's (BB&T) merger with United Carolina Bank (UCB).  Earlier this year
Centura reached an agreement to acquire the 13 branches from BB&T and UCB with
$313 million in deposits and $171 million in loans.
    "This gives us a much broader market share in the eastern part of our
state, which is our traditional base of strength," said Cecil W. Sewell,
Centura president and chief executive officer.  "We expect our new customers
to find value in the additional products and services we offer, such as online
banking, our Centura Highway telephone banking center, securities, insurance
and leasing.
    Centura will acquire two new branches each in Clinton, Wadesboro and
Whiteville as part of the deal and one branch apiece in Goldsboro, Faison,
Williamston, Kenansville, Chadbourn, Rockingham and Raeford.
    Centura is acquiring the assets after BB&T and UCB agreed to sell 20
branches to resolve the U.S. Justice Department's antitrust concerns over the
two banks' proposed  merger.
    With assets of $7 billion, Centura provides a complete line of banking,
investment, insurance, leasing and trust services to individuals and
businesses throughout North Carolina and the Hampton Roads area of Virginia.
Services are provided through 187 financial centers; including 22 full-service
locations in supermarkets; more than 265 ATMs at financial centers, Wal-Mart
stores and Sam's stores; the Centura Highway telephone banking center;
Centura's Internet site; and through Quicken(R), QuickBooks(R), Microsoft(R)
Money and BankNOW(TM), the leading online money management software packages.
Additional information about Centura is available on its web site at
http://www.centura.com.

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