CENTURA BANKS stock certificate - North Carolina

Centura Banks, Inc.
Stock Certificate

This is an authentic stock certificate from Centura Banks from the 1990s.  This ornately printed stock has the company logo by the name as well as a wonderful vignette at the lower left of a female figure standing at an open vault door.  Incorporated in the stat of North Carolina. Merged with the Royal Bank of Canada and now operates as RBC Centura.

Centura Banks, Inc. was the holding company of four wholly owned subsidiaries: Centura Bank (the Bank), NCS Mortgage Lending Company, Centura Capital Trust I and Triangle Capital Trust. Centura provided services and assistance to its wholly owned subsidiaries and the Bank's subsidiaries in the areas of strategic planning, administration and general corporate activities. In return, Centura received income and dividends from the Bank, which is where most of Centura's operations take place. Centura also received income from its 49% ownership interest in First Greensboro Home Equity, Inc., a home equity mortgage company headquartered in Greensboro, North Carolina.   

January 26, 2001 news --Royal Bank of Canada and Centura Banks Inc. each use blue and gold as their corporate colors. Both banks also have been using the same slogan of late: "Banking. Investment. Insurance." And by this summer, the two banks will share something else: corporate headquarters. 

Royal Bank continued its push into the U.S. financial services realm on Jan. 26 by agreeing to acquire Centura for a reported $2.3B in stock. The deal marks Royal Bank's entrance to U.S. consumer banking, although the company had a presence through its October 1998 acquisition of Atlanta-based Internet thrift Security First Network Bank.

Royal Bank has been active in making the last two parts of its advertising slogan a reality in the United States. It closed its $578.7M acquisition of the life insurance unit of Liberty Corp. on Nov. 1 and its $1.5B acquisition of Dain Rauscher Corp. on Jan. 10. The Centura deal completes the trifecta.

Rocky Mount, NC-based Centura had $11.5B in assets and $7.7B in deposits at Dec. 31. The bank holds the No. 5 deposit market share in North Carolina, behind four of the country's 20 largest banks: Bank of America Corp., First Union Corp., Wachovia Corp. and BB&T Corp.

This is your chance to get one before my very small supply runs out!  Don't miss your chance on this piece! 

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This is a sample photo only. The certificate for sale has the same color, condition, and vignette.  Differences will be in date, marks, original owner name, serial number, and corporate officers unless otherwise noted.  The quality shipped will be the same or better than pictured.  Refund given if buyer is not satisfied.  Note that we cannot search for a specific date or name due to our large inventory.  Modern certificate pictures often have owner names obscured for privacy. Modern certificates may still be trading in the stock market but no ownership is transferred in this sale - the certificate is sold as a collectible novelty only.  It is likely that the scanned certificate has already been sold but you may ask us to check before bidding.

Shipping costs are less than actual cost to us, the seller.  We ship by USPS Priority Mail for fast delivery times.  We use a custom-sized photo mailer with a custom, non-acid slip sleeve for protected shipping.  We allow for combined shipping to save the buyer money for multiple auction wins.  Please wait until all auctions are complete before sending payment. I will not know if you are continuing to bid so I ship when paid.  (If you pay early I will ship and cannot combine shipping on later auctions.)  Please include item numbers with payment for quick, positive feedback and accurate shipping.  Please send only one payment to avoid confusion.   Shipping to Canada or Europe is the same as US shipping.

Shipping is not negotiable.  Do not ask to ship by other methods.  We do not deliver; we do not allow for pick-up; we do not ship overnight.  We only ship Priority Mail in the US due to better handling and delivery times. Again, our shipping fees are less than our actual costs (We can forward you the breakdown of costs in a templated response e-mail.)   Read the auction for the shipping fees before bidding.

Satisfaction is guaranteed for any reason within 30 days.  Authenticity is guaranteed for life.  Refunds will be sent upon return of any unsatisfactory auction item.  If you do not return the item, I assume that you decided to keep it.  Please contact us directly for questions not explained here.  

All certificates are only sold as collectibles.  No investment value is implied, transferred, or considered.  No transfer of securities is performed. Certificates are cancelled or obsolete.  (Now really, would I sell a $10,000 investment instrument for $10?)  We follow eBay rules on selling stock and bond certificates. We also comply with SEC regulations governing certificate sales and licensing requirements (we are not authorized to sell investments or securities under these rules.)

Do not ask us to sell this at a reduced cost  --  use the bidding process.  The minimum price is stated in the auction; the shipping fee is also in the auction.  Please read the costs before bidding.

Are these real?  -  YES!  We only sell authentic stocks and bonds that have been used in actual commerce or from company archives.  They have been cancelled and no longer have investment value but are still the real deal.  We do not sell copies.  Active companies (still trading) are also only sold as collectibles.  These have more recent dates due to the methods by which they were obtained.

Where's the value in these?  -  Since these pieces no longer have investment value, aren't they worthless?  Literally, they are only worth the paper that they are printed on.  The same can be said for baseball cards and stamps but it is really the collectible value that makes these worthless securities desirable.  These are sold as collectibles or novelties only.