UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[X] Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue.
1. Name and Address of Reporting Person(s)
Wynn Jr., Phail
P.O. Box 931
Durham, NC 27702
2. Issuer Name and Ticker or Trading Symbol
CCB Financial Corporation (CCB)
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)
4. Statement for Month/Year
07/00
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[X] Director [ ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
Director
7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
Table I Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1)Title of Security 2)Trans- 3.Trans- 4.Securities Acquired(A) 5)Amount of 6) 7)Nature of
action action or Disposed of (D) Securities Indirect
Date Code A Beneficially D Beneficial
(Month/ or Owned at or Ownership
Day/Year) Code V Amount D Price End of Month I
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<S> <C> <C> <C> <C><C> <C> <C><C>
Common Stock 07/03/00 R 32 A $41.0000 D Direct
Common Stock 07/05/00 (1)U 4,529 D 0 D Direct
<CAPTION>
Table II (PART 1) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6)
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1)Title of Derivative 2)Conversion 3)Trans- 4)Trans- 5)Number of Derivative 6)Date Exercisable and
Security or Exercise action action Securities Acquired (A) Expiration Date
Price of Date Code or Disposed of (D)
Derivative
Security Code V A D Exercisable Expiration
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<S> <C> <C> <C> <C> <C> <C> <C>
Non-Qualified Stock Option $31.5625 07/05/00 U 10,000 04/15/97 04/15/07
(right to buy)
Non-Qualified Stock Option $42.4375 07/05/00 U 1,500 04/18/00 04/18/10
(right to buy)
Non-Qualified Stock Option $56.7500 07/05/00 U 1,200 04/27/99 04/27/09
(right to buy)
<CAPTION>
Table II (PART 2) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11)
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1)Title of Derivative 3)Trans- 7)Title and Amount 8)Price 9)Number of 10) 11)Nature of
Security action of Underlying of Deri- Derivative Indirect
Date Securities vative Securities D Beneficial
Amount or Security Beneficially or Ownership
Number of Owned at I
- Title Shares End of Month
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<S> <C> <C> <C> <C> <C> <C> <C>
Non-Qualified Stock Option 07/05/00 Common Stock 10,000 0 D Direct
(right to buy)
Non-Qualified Stock Option 07/05/00 Common Stock 1,500 0 D Direct
(right to buy)
Non-Qualified Stock Option 07/05/00 Common Stock 1,200 0 D Direct
(right to buy)
<FN>
Explanation of Responses:
(1)
Each of the Reporting Person's shares of Issuer common stock were surrendered and exchanged for 2.45 shares of National Commerce
Bancorporation ("NCBC") common stock as a result of the merger of Issuer into NCBC. Additionally, each of the Reporting Person's
stock options with the right to buy Issuer common stock were converted into 2.45 stock options with the right to buy NCBC common
stock.
</FN>
</TABLE>
SIGNATURE OF REPORTING PERSON
/S/ By: W. Harold Parker, Jr.
For: Phail Wynn, Jr.
DATE
July 24, 2000
