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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.

A pre-recorded question and answer session will follow the formal remarks. Interested parties can submit questions for consideration at InvestorRelations@myyesbank.com on or before Thursday, August 16, 2012. Questions selected by FNB in advance of the call will be incorporated into the presentation or read and answered during the question and answer session by appropriate members of the FNB management team, including Brian Simpson, Dave Nielsen, Dave Lavoie, and Bob Reid, President.

Interested parties should dial in five to ten minutes prior to the scheduled start time to 1-877-317-6789. International callers should dial in to 1-412-317-6789. Canadian callers may dial in to 1-866-605-3852. To join the call, participants will be required to provide conference ID number 10016157.  The webcast may be accessed at http://services.choruscall.com/links/fnbn120822.html.  The webcast replay will be available until August 22, 2013. The teleconference replay will be available one hour after the end of the conference through December 3, 2012. To access the teleconference replay, dial toll free in the U.S. to 1-877-344-7529 or international callers may dial 1-412-317-0088 and Conference ID Number will be 10016157.

About FNB United Corp.

FNB United Corp. is the North Carolina-based bank holding company for two historic community banks, CommunityOne Bank, N.A. (MyYesBank.com) and Bank of Granite (BankOfGranite.com). Founded in 1907, CommunityOne operates 45 branches in 38 communities throughout central, southern and western North Carolina. Founded in 1906, Bank of Granite operates 18 branches in western North Carolina. Through its banking subsidiaries, FNB United offers a full range of consumer, mortgage and business banking services, including loan, deposit, cash management, wealth management and online banking services.

CONTACT: Pam Cranford (336) 626-8300
         Pam.Cranford@MyYesBank.com
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