8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

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

Date of Report (Date of earliest event reported): May 21, 2013

FNB United Corp.(Exact name of registrant as specified in its charter)

North Carolina	000-13823	56-1456589
(State or other jurisdiction of incorporation)	(Commission File No.)	(IRS Employer Identification No.)
	150 S. Fayetteville Street Asheboro, North Carolina	27203
	(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code:   (336) 626-8300

N/A
(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:
	[    ]	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 21, 2013, CommunityOne Bank, N.A., the principal bank subsidiary of FNB United Corp., Asheboro, North Carolina, received approval from the Office of the Comptroller of the Currency for the merger of its sister bank, Bank of Granite, Granite Falls, North Carolina, into

CommunityOne Bank, with CommunityOne Bank as the surviving national bank subsidiary. The bank merger is scheduled to be consummated on June 8, 2013. A copy of the press release announcing the approval of the bank merger is attached thereto as Exhibit 99.1 and is incorporated herein by reference.

ITEM 9.01	Financial Statements and Exhibits
(d) Exhibits.
Exhibit No.	Description of Exhibit
99.1	Press Release, dated May 21, 2013, announcing the approval of the bank merger of Bank of Granite, Granite Falls, N.C. into CommunityOne Bank, N.A., Asheboro, N.C.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

May 21, 2013 (Date)	FNB United Corp. (Registrant)
	/s/ David L. Nielsen David L. Nielsen Chief Financial Officer

EX-99.1

For immediate release:

May 21, 2013

For more information:

Pam Cranford, 336.626.8300

investorrelations@community1.com

CommunityOne Bank Announces Receipt of Regulatory Approval for Merger with Bank of Granite

Asheboro, NC - CommunityOne Bank, N.A., the principal bank subsidiary of FNB United Corp. (the “Company”) (NASDAQ: FNBN), announced today that it had received approval from the Office of the Comptroller of the Currency for the merger of its sister bank, Bank of Granite, into CommunityOne. The bank merger is scheduled to be consummated on June 8, 2013.

“We are pleased with the OCC's action to approve the bank merger,” said Brian Simpson, Chief Executive Officer of the Company. “Completion of the merger allows us to better serve our customers throughout our footprint, and is critical to our return to profitability during the second half of 2013. After the merger, Bank of Granite and CommunityOne customers will have full access to an expanded network of 53 branches and 59 ATMs throughout central, southern and western North Carolina.”

“The merger also gives CommunityOne a presence in Charlotte, NC which is clearly an attractive growth market for our company,” added Bob Reid, President of the Company. “We have a team of experienced bankers there who possess local knowledge and expertise to meet the financial needs of our customers.”

Founded in 1906 in Granite Falls, North Carolina, Bank of Granite's last day of operation will be on Friday, June 7, 2013. Beginning on Monday, June 10, all of the Company's branches will operate as branches of CommunityOne.

Caution About Forward-looking Statements

Certain statements made in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that include projections, predictions, expectations, or beliefs about events or results or otherwise are not statements of historical facts, such as statements about the Company's board or its structure. Although the Company believes that its expectations with respect to such forward-looking statements are based upon reasonable assumptions within the bounds of its existing knowledge of its business and operations, there can be no assurance that actual results, performance or achievements of the Company will not differ materially from those expressed or implied by such forward-looking statements. Factors could cause actual events or results to differ significantly from those described in the forward-looking statements include, but are not limited to those described in the cautionary language included under the headings “Risk Factors” and in other sections of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2012, its quarterly reports on Form 10-Q, and other filings made with the SEC.

About FNB United Corp.

FNB United Corp. is the North Carolina-based bank holding company for two historic community banks, CommunityOne Bank, N.A. (community1.com) and Bank of Granite (bankofgranite.com). Founded in 1907, CommunityOne operates 44 branches in 37 communities throughout central, southern and western North Carolina. Founded in 1906, Bank of Granite operates 17 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 and online banking services.