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CENTURA ANNOUNCES APPROVAL OF STOCK SALE

 ROCKY MOUNT, N.C., April 13 /PRNewswire/ -- Centura Banks Inc. (NYSE: CBC) announced today the completion of the approval for its sale of 252,078 shares of stock, representing a total dollar amount of $5,750,000, as part of its merger with Brevard Federal Savings and Loan in Brevard. The issuance of the shares increases total outstanding shares of Centura Banks Inc. by 1.6 percent to 16,221,296.
 The merger with Brevard Federal Savings and Loan is expected to be completed April 16, 1993. Centura also has pending mergers with Granite Savings Bank in Granite Falls and First Savings Bank of Forest City.
 With approximately $3 billion in assets, Centura Banks Inc. offers a broad range of personal, business and trust services through its two subsidiaries, Centura Bank and Mid-South Bank. It operates 130 branches in 72 cities located throughout North Carolina.
 -0- 4/13/93
 /CONTACT: Frank L. Pattillo, Chief Financial Officer, Centura Banks Inc. 919-977-8341/
 (CBC)


CO: Centura Banks Inc. ST: North Carolina IN: FIN SU:

SB -- CH007 -- 5180 04/13/93 11:18 EDT
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Publication:PR Newswire
Date:Apr 13, 1993
Words:180
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