UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Sections 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported) May 18, 2007
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FNB United Corp.
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(Exact Name of Registrant as Specified in its Charter)
North Carolina 0-13823 56-1456589
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(State or Other Jurisdiction (Commission File (IRS Employer
of Incorporation) Number) Identification No.)
150 South Fayetteville Street, Asheboro, North Carolina 27203
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(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, Including Area Code (336) 626-8300
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N/A
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(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instructions A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 8.01. Other Events.
On May 18, 2007, First National Bank and Trust Company, the wholly owned bank
subsidiary of FNB United Corp., issued a press release announcing that as of
June 4, 2007 it is changing its name to "CommunityONE Bank, National
Association."
A copy of the press release dated May 18, 2007, announcing the name change is
attached as Exhibit 99.1 to this report on Form 8-K and is incorporated herein
by reference.
Item 9.01. Financial Statements and Exhibits.
Exhibits:
99.1 Press release dated May 18, 2007 announcing the name change effective
June 4, 2007 of FNB United's bank subsidiary, First National Bank and
Trust Company.
This Current Report on Form 8-K (including information included or incorporated
by reference herein) may contain, among other things, forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995,
including, without limitation, (i) statements regarding certain of FNB United's
goals and expectations regarding earnings, income per share, revenue, expenses
and the growth rate in such items, as well as other measures of economic
performance, and (ii) statements preceded by, followed by or including the words
"may," "could," "should," "would," "believe," "anticipate," "estimate,"
"expect," "intend," "plan," "projects," "outlook" or similar expressions. These
statements are based upon the current belief and expectations of FNB United's
management and are subject to significant risks and uncertainties that are
subject to change based on various factors, many of which are beyond FNB
United's control.
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 hereunto duly authorized.
FNB UNITED CORP.
Date: May 18, 2007 By /s/ Jerry A. Little
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Jerry A. Little
Secretary and Treasurer