SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Act of 1934
Date of Report (Date of earliest event reported): July 29, 1996
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CENTURA BANKS, INC.
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(Exact name of registrant as specified in charter)
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North Carolina 1-10646 56-1688522
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(State of Incorporation) (Commission File Number) (IRS Employer Identification No.)
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134 North Church Street, Rocky Mount, North Carolina 27804
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(Address of principal executive office) (Zip code)
Registrant's telephone number, including area code: (919) 977-4400
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N/A
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(Former name or former address, if changed since last report)
Exhibit Index on Page 4.
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Item 2. Acquisition or Disposition of Assets:
On July 26, 1996, Centura Banks, Inc. ("Centura") successfully completed its
assumption of deposits and deposit related loans of the Greensboro, Raleigh, and
Wilmington branch offices of Essex Savings Bank, F.S.B. Centura did not purchase
the physical branch facilities; therefore, the customer accounts were merged
into existing Centura Bank locations. Press release is attached as Exhibit 99.
Item 7. Financial statements and Exhibits.
The exhibit listed in the Exhibit Index is filed herewith as part of this
Current Report on Form 8-K.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
CENTURA BANKS, INC.
Registrant
Date: July 29, 1996 By: /s/ Frank L. Pattillo
Frank L. Pattillo
Chief Financial Officer
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EXHIBIT INDEX
Sequential
Page
Exhibit Description of Exhibit Number
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99 Press release dated July 29, 1996 5
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For Immediate Release
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July 29, 1996
Contact: Frank L. Pattillo
Chief Financial Officer
(919) 977-8341
[email protected]
CENTURA COMPLETES PURCHASE OF ESSEX SAVINGS DEPOSITS
ROCKY MOUNT, N.C. -- Centura Banks Inc. (NYSE:CBC) has completed its
previously announced purchase of certain deposits from Essex Savings Bank.
Effective today, all Essex customers in the North Carolina cities of
Raleigh, Greensboro and Wilmington are Centura customers. Their accounts have
been moved to nearby Centura financial centers.
With assets of $5.6 billion, Centura offers a full range of banking,
investment, insurance and trust services to individuals and businesses
throughout North Carolina. Centura provides services through 155 financial
centers, more than 200 ATMs, the Centura Highway telephone banking center and
Quicken and Microsoft Money, the leading personal finance software packages.
Centura also is opening 33 offices in Hannaford supermarkets in the Carolinas
and Virginia by the end of next year.
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