NEWSOUTH BANCORP INC
15-15D, 1998-06-30
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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                     UNITED STATES
          SECURITIES AND EXCHANGE COMMISSION
                Washington, D.C.  20549

                        FORM 15

CERTIFICATION AND NOTICE OF TERMINATION OF
REGISTRATION UNDER SECTION 12(g) OF THE SECURITIES
EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE
REPORTS UNDER SECTION 13 AND 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934.

                                 Commission File Number  0-22219 
                                                         -------
     
                           
   NEWSOUTH BANCORP, INC.
   ------------------------------------------------------------
  (Exact name of registrant as specified in its charter)

   1311 CAROLINA AVENUE, P.O. BOX 2047, 
   WASHINGTON, NORTH CAROLINA 27889
   (919) 946-4178
   ------------------------------------------------------------
  (Address, including zip code, and telephone number, including
   area code, of registrant's principal executive offices)

   COMMON STOCK, $.01 PAR VALUE PER SHARE, ISSUED PURSUANT TO
   THE NEWSOUTH BANK EMPLOYEES' SAVINGS AND PROFIT SHARING PLAN
   ------------------------------------------------------------
     (Title of each class of securities covered by this Form)

   COMMON STOCK, $.01 PAR VALUE PER SHARE
   ------------------------------------------------------------
   (Title of all other classes of securities for which a duty
    to file reports under section 13(a) or 15(d) remains)

     Please place an X in the box(es) to designate, the
appropriate rule provision(s) relied upon to terminate or
suspend the duty to file reports:

Rule 12g-4(a)(1)(i)      [ ]          Rule 12h-3(b)(1)(i)   [X]
Rule 12g-4(a)(1)(ii)     [ ]          Rule 12h-3(b)(1)(ii)  [ ]
Rule 12g-4(a)(2)(i)      [ ]          Rule 12h-3(b)(2)(i)   [ ]
Rule 12g-4(a)(2)(ii)     [ ]          Rule 12h-3(b)(2)(ii)  [ ]
                                      Rule 15d-6            [ ]

Approximate number of holders of record as of the
certification or notice date: 80

   Pursuant to the requirements of the Securities Exchange
Act of 1934, NEWSOUTH BANCORP, INC. has caused this
certification/notice to be signed on its behalf by the
undersigned duly authorized person.


Date: 6/26/98                   By: /s/ Thomas A. Vann 
      -------                       ---------------------------
                                    Thomas A. Vann, President

Instruction:  This form is required by Rules 12g-4, 12h-3
and 15d-6 of the General Rules and Regulations under the
Securities Exchange Act of 1934.  The registrant shall
file with the Commission three copies of Form 15, one of
which shall be manually signed.  It may be signed by an
officer of the registrant, by counsel or by any other duly
authorized person.  The name and title of the person
signing the form shall be typed or printed under the
signature.


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