<PAGE> PAGE 1
000 A000000 11/30/1999
000 C000000 0000883496
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 CCB FUNDS
001 B000000 811-6561
001 C000000 4122888160
002 A000000 FEDERATED INVESTORS TOWER
002 B000000 PITTSBURGH
002 C000000 PA
002 D010000 15222
002 D020000 3779
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 1
007 C010100 1
007 C010200 2
007 C010300 3
007 C020300 CCB EQUITY FUND
007 C030300 N
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
010 A00AA01 FEDERATED ADMINISTRATIVE SERVICES
010 C01AA01 PITTSBURGH
010 C02AA01 PA
010 C03AA01 15222
010 C04AA01 3779
011 A00AA01 FEDERATED SECURITIES CORP.
011 B00AA01 8-15561
011 C01AA01 PITTSBURGH
011 C02AA01 PA
011 C03AA01 15222
011 C04AA01 3779
012 A00AA01 FEDERATED SHAREHOLDER SERVICES COMPANY
012 B00AA01 84-1869
012 C01AA01 PITTSBURGH
012 C02AA01 PA
012 C03AA01 15222
<PAGE> PAGE 2
012 C04AA01 3779
013 A00AA01 ARTHUR ANDERSEN LLP
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02110
015 A00AA01 FIFTH THIRD BANK
015 B00AA01 C
015 C01AA01 CINCINNATI
015 C02AA01 OH
015 C03AA01 45263
015 E01AA01 X
018 00AA00 Y
019 A00AA00 N
019 B00AA00 0
020 A000001 CAPITAL INSTITUTIONAL SERV.
020 C000001 27
020 A000002 KEEFE BRUYETTE & WOODS INC.
020 C000002 5
020 A000003 BEAR STEARNS SECURITIES CORP.
020 B000003 13-3299429
020 C000003 3
020 A000004 BUCKINGHAM
020 C000004 2
020 A000005 PAINE WEBBER
020 B000005 13-2638166
020 C000005 1
020 A000006 BOSTON INSTITUTIONAL SERV.
020 C000006 1
020 A000007 ROBERTSON COLMAN STEPHENS
020 C000007 1
020 A000008 PCS SECURITIES INC.
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 40
022 A000001 GOLDMAN SACHS
022 B000001 13-5108880
022 C000001 15429
022 D000001 13020
022 A000002 CAPITAL INSTITUTIONAL SERV.
022 C000002 559
022 D000002 0
022 A000003 BOSTON INSTITUTIONAL SERV.
022 C000003 529
022 D000003 0
022 A000004 FEDERATED TAX FREE INCOME
022 C000004 109
022 D000004 0
022 A000005 DEAN WITTER REYNOLDS INC.
022 B000005 94-1671384
022 C000005 0
<PAGE> PAGE 3
022 D000005 2
022 C000006 0
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022 D000010 0
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023 D000000 13022
026 A000000 Y
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044 00AA00 0
049 00AA00 N
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052 00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 N
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 N
<PAGE> PAGE 4
054 I00AA00 N
054 J00AA00 N
054 K00AA00 N
054 L00AA00 N
054 M00AA00 N
054 N00AA00 N
054 O00AA00 N
077 A000000 Y
077 B000000 N
077 C000000 Y
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
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077 Q020000 N
077 Q030000 N
078 000000 N
080 C00AA00 0
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086 F020000 0
008 A000301 CENTRAL CAROLINA BANK AND TRUST COMPANY
008 B000301 A
008 C000301 801-0000
008 D010301 DURHAM
008 D020301 NC
008 D030301 27702
008 A000302 FRANKLIN STREET ADVISORS, INC.
<PAGE> PAGE 5
008 B000302 S
008 C000302 801-0000
008 D010302 CHAPEL HILL
008 D020302 NC
008 D030302 27514
024 000300 N
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<PAGE> PAGE 6
037 000300 N
038 000300 0
039 000300 N
040 000300 N
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048 I020300 0.000
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048 K010300 0
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055 A000300 N
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056 000300 Y
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<PAGE> PAGE 7
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062 O000300 0.0
062 P000300 0.0
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062 R000300 0.0
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066 A000300 Y
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066 C000300 N
066 D000300 N
066 E000300 N
066 F000300 N
066 G000300 Y
067 000300 N
068 A000300 N
068 B000300 N
069 000300 N
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070 B010300 Y
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070 I010300 N
070 I020300 N
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<PAGE> PAGE 8
070 P020300 N
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070 Q020300 N
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070 R020300 N
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<PAGE> PAGE 9
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SIGNATURE STEVE KEANE
TITLE GENERAL COUNSEL
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000883496
<NAME> CCB Funds
<SERIES>
<NUMBER> 030
<NAME> CCB Equity Fund
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> May-31-2000
<PERIOD-END> Nov-30-1999
<INVESTMENTS-AT-COST> 56,426,198
<INVESTMENTS-AT-VALUE> 103,820,528
<RECEIVABLES> 146,055
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 3,109
<TOTAL-ASSETS> 103,969,692
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 220,418
<TOTAL-LIABILITIES> 220,418
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 40,465,623
<SHARES-COMMON-STOCK> 4,438,401
<SHARES-COMMON-PRIOR> 4,577,195
<ACCUMULATED-NII-CURRENT> 16,983
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 15,872,338
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 47,394,330
<NET-ASSETS> 103,749,274
<DIVIDEND-INCOME> 614,964
<INTEREST-INCOME> 58,159
<OTHER-INCOME> 0
<EXPENSES-NET> (527,649)
<NET-INVESTMENT-INCOME> 145,474
<REALIZED-GAINS-CURRENT> 1,038,924
<APPREC-INCREASE-CURRENT> 6,319,247
<NET-CHANGE-FROM-OPS> 7,503,645
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (179,842)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 110,857
<NUMBER-OF-SHARES-REDEEMED> (250,985)
<SHARES-REINVESTED> 1,334
<NET-CHANGE-IN-ASSETS> 4,223,732
<ACCUMULATED-NII-PRIOR> 51,351
<ACCUMULATED-GAINS-PRIOR> 14,833,414
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 430,228
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 635,667
<AVERAGE-NET-ASSETS> 101,224,619
<PER-SHARE-NAV-BEGIN> 21.740
<PER-SHARE-NII> 0.030
<PER-SHARE-GAIN-APPREC> 1.650
<PER-SHARE-DIVIDEND> (0.040)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 23.380
<EXPENSE-RATIO> 1.040
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.000
</TABLE>
CCB FUNDS
ITEM 77C - SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
A Special Meeting of Trust shareholders was held on December 17, 1999.
As of October 27, 1999, the record date for shareholder voting at the
meeting, there were 4,307,463 total outstanding Shares. The following
items were considered by shareholders and the results of their voting
were as follows:
Agenda Item 1. To elect Trustees1
For
Withheld Authority To Vote
Thomas G. Bigley
4,307,463
0
Nicholas P. Constantakis
4,307,463
0
John F. Cunningham
4,307,463
0
J. Christopher Donahue
4,307,463
0
Charles F. Mansfield, Jr.
4,307,463
0
John E. Murray, Jr.
4,307,463
0
John S. Walsh
4,307,463
0
1 The following Trustees continued their terms as Trustees of the
Trust: John F. Donahue, John T. Conroy, Jr., Lawrence D. Ellis, M.D.,
Peter E. Madden and Marjorie P. Smuts.
