FNB United Corp.

CommunityOne Bank Announces Receipt of Regulatory Approval for Merger With Bank of Granite

ASHEBORO, N.C., May 21, 2013 (GLOBE NEWSWIRE) -- CommunityOne Bank, N.A., the principal bank subsidiary of FNB United Corp. (the "Company") (Nasdaq:FNBN), announced today that it had received approval from the Office of the Comptroller of the Currency for the merger of its sister bank, Bank of Granite, into CommunityOne. The bank merger is scheduled to be consummated on June 8, 2013.

FNB United Corp.

FNB United Corp. Schedules 2013 First Quarter Investor Conference Call

ASHEBORO, N.C., April 29, 2013 (GLOBE NEWSWIRE) -- FNB United Corp. (Nasdaq:FNBN) announced today that it will host a pre-recorded investor call on May 17, 2013 at 11 a.m. Brian Simpson, Chief Executive Officer, Dave Nielsen, Chief Financial Officer, and Neil Machovec, Chief Credit Officer, will discuss the company's first quarter financial and operating results for the period ended March 31, 2013.

FNB United Corp.

FNB United Corp. Announces Retirement of R. Reynolds Neely as Director of the Company and Nomination of T. Gray McCaskill

ASHEBORO, N.C., April 3, 2013 (GLOBE NEWSWIRE) -- FNB United Corp. (Nasdaq:FNBN) (the "Company"), the bank holding company for CommunityOne Bank, N.A. and Bank of Granite (the "Banks"), announced today that R. Reynolds Neely, Jr. is retiring from the FNB United and CommunityOne Boards of Directors, effective immediately prior to the 2013 Annual Meeting of Shareholders, scheduled for June 20, 2013. Mr. Neely has served as a director of FNB United and CommunityOne since 1980, and has been on the Audit Committee and the Enforcement Compliance Committee. Mr. Neely does not serve on the Bank of Granite Board of Directors. At the time of his retirement Mr. Neely will become a director emeritus.

FNB United Corp.

Bank of Granite Cease and Desist Order Lifted by FDIC

GRANITE FALLS, N.C., March 1, 2013 (GLOBE NEWSWIRE) -- Bank of Granite announced today that the FDIC has terminated its Cease and Desist Order issued against the Bank, effective February 27, 2013.

FNB United Corp.

FNB United Corp. Schedules 2012 Fourth Quarter Investor Conference Call

ASHEBORO, N.C., Feb. 5, 2013 (GLOBE NEWSWIRE) -- FNB United Corp. (Nasdaq:FNBN) announced today that it will host a pre-recorded investor call on March 20, 2013 at 11 a.m. Brian Simpson, Chief Executive Officer, and Dave Nielsen, Chief Financial Officer, will discuss the company's 2012 financial and operating results.

FNB United Corp.

CommunityOne Bank to Launch New Brand and Products

ASHEBORO, N.C., Jan. 3, 2013 (GLOBE NEWSWIRE) -- CommunityOne Bank, N.A. has announced it will launch a new brand and introduce enhancements to its product offerings to better reflect the future of the company and its anticipated merger with Bank of Granite.

FNB United Corp.

FNB United Corp. Schedules 2012 Third Quarter Investor Conference Call

ASHEBORO, N.C., Oct. 17, 2012 (GLOBE NEWSWIRE) -- FNB United Corp. (Nasdaq:FNBN) announced today that it will host a pre-recorded investor call on November 19, 2012 at 11 a.m. Brian Simpson, Chief Executive Officer, Dave Nielsen, Chief Financial Officer, and Dave Lavoie, Chief Risk Officer, will discuss the company's third quarter financial and operating results for the period ended September 30, 2012.

FNB United Corp.

FNB United Corp. Schedules 2012 First Quarter Investor Conference Call

ASHEBORO, N.C., July 11, 2012 (GLOBE NEWSWIRE) -- FNB United Corp. (Nasdaq:FNBN) announced today that it will host a pre-recorded investor call on August 22, 2012 at 11 a.m. Brian Simpson, Chief Executive Officer, Dave Nielsen, Chief Financial Officer, and Dave Lavoie, Chief Risk Officer, will discuss the company's second quarter financial and operating results for the period ended June 30, 2012.

FNB United Corp.

FNB United Corp. Added to the Russell 3000 Index, the Russell 2000 Index, the Russell Global Index and the Russell Microcap Index

ASHEBORO, N.C., June 28, 2012 (GLOBE NEWSWIRE) -- FNB United Corp. (Nasdaq:FNBN) (the "Company"), the bank holding company for CommunityOne Bank, N.A. and Bank of Granite (the "Banks"), announced today that it was added to the Russell 3000® Index, the Russell 2000® Index, the Russell Global Index and the Russell Microcap® Index when Russell Investments reconstituted its comprehensive set of U.S. and global equity indexes.  

FNB United Corp.

FNB United Corp. Announces Launch of at-the-Market Equity Offering

ASHEBORO, N.C., May 22, 2012 (GLOBE NEWSWIRE) -- FNB United Corp. (Nasdaq:FNBN) (the "Company"), the bank holding company for CommunityOne Bank, N.A. and Bank of Granite (the "Banks"), announced today that it has filed a prospectus supplement under which it may from time to time sell up to two million shares of its common stock pursuant to an at-the-market equity offering program. The shares will be offered through Sandler O'Neill & Partners, L.P. as sales agent. Sales, if any, would be made in transactions that are deemed to be at-the-market offerings, including sales made directly on the NASDAQ Capital Market or sales made to or through a market maker other than on an exchange or by privately negotiated transactions. The Company intends to use the proceeds from any sales for general corporate purposes of the Company or contributions to the capital of the Banks.