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): January 18, 1994
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 5. Other Events.
On January 18, 1994 the Registrant and Scotland Savings Bank, S.S.B.
agreed to terminate their Agreement and Plan of Reorganization dated
April 26, 1993 whereby Scotland Savings was to convert from mutual to
stock form and simultaneously be acquired by the Registrant.
Item 7. Financial Statements, Pro Forma Financial Statements and Exhibits
(c) Exhibits
28.1 Unaudited interim financial statements of Asheville Savings Bank,
SSB, and Subsidiary.
99.1 Joint Press Release from BB&T Financial Corp. and Scotland Savings
Bank, S.S.B., dated January 18, 1994.
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: February 4, 1994 BY: Scott E. Reed
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