SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C.  20549

                                   FORM 8-K

                      Pursuant to Section 13 or 15(d) of
                      the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 30, 1993

                          BB&T FINANCIAL CORPORATION
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            (Exact name of registrant as specified in its charter)

      North Carolina                   0-7871                    56-1056232
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(State or other jurisdiction        (Commission               (I.R.S. employer
     of incorporation)              file number)             identification no.)

223 West Nash Street, Wilson, North Carolina                            27893
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(Address of principal executive offices)                              (Zip code)


Registrant's telephone number, including area code: (919)399-4291
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                                Not Applicable
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         (Former name or former address, if changed since last report)


Item 7.  Financial Statements, Pro Forma Financial Statements and Exhibits

(c) Exhibits

      28.1 Unaudited interim financial statements of Old Stone Bank of North 
           Carolina.

      28.2 Unaudited interim financial statements of Citizens Savings Bank, 
           SSB and subsidiary.

      28.3 Unaudited interim financial statements of Asheville Savings Bank,
           SSB, and Subsidiary.

      28.4 Audited financial statements of Home Savings Bank of Albemarle, 
           S.S.B. and subsidiary.

      28.5 Audited financial statements of L.S.B. Bancshares, Inc. of South 
           Carolina and subsidiaries.

      28.6 Unaudited interim financial statements of L.S.B. Bancshares, Inc. of 
           South Carolina and subsidiaries.



                                  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.


                                             BB&T FINANCIAL CORPORATION

DATE: December 30, 1993                  BY: Scott E. Reed  
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