8-K

                       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) September 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)
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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 September 18, 2007, FNB United Corp. issued a press release announcing that
its bank subsidiary, CommunityONE Bank, National Association, has sold its
credit card portfolio.

A copy of the press release dated September 18, 2007, announcing the sale 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 September 18, 2007, announcing the sale by its bank
         subsidiary, CommunityONE Bank, National Association, of the bank's
         credit card portfolio.


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, including statements relating to estimates of credit quality
trends, 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: September 18, 2007                    By /s/ Michael C. Miller
                                              -------------------------
                                               Michael C. Miller
                                               Chairman and President

EX-99

                                                                    Exhibit 99.1

For Immediate Release                               For More Information
September 18, 2007                                  Mark Severson, 336.626.8351


                            [LOGO] FNB UNITED CORP.
_________________________________________________________________________
               FNB United Corp. P.O. Box 1328, Asheboro, NC 27204
               150 South Fayetteville Street, Asheboro, NC 27203


                  FNB United Corp. Sells Credit Card Portfolio

     FNB  United  Corp.  (NASDAQ:  FNBN),  parent of  CommunityONE  Bank,  N.A.,
announced  continued progress in its integration of recent  acquisitions  United
Financial,  Inc.,  and  Integrity  Financial,  Inc. As part of the  integration,
CommunityONE  Bank has sold its  credit  card  portfolio,  along  with  multiple
portfolios  acquired  from former  Integrity  and United  subsidiaries,  to Elan
Financial Services, a division of US Bank (NYSE: USB).

     As a result of the sale,  FNB United  Corp will  recognize  a $1.3  million
non-recurring  gain which will be reported  with its third quarter  results.  Of
that amount,  $1.0 million will be from the sale of the  portfolio  and $300,000
resulting  from the recapture of the allowance for loan loss reserve  associated
with the $4.0 million sold portfolio.  Concurrently, a $250,000 expense has been
recognized to cover the buyout of two of the unexpired contracts with Visa.

     "This new partnership with Elan will significantly  increase the number and
quality of credit card offerings to the Bank's retail and commercial customers,"
said Mark  Hensley,  CommunityONE  Chief Banking  Officer.  "We will be far more
competitive in the credit card arena than we've ever been. Retail customers will
be provided with seven different products, including Visa Platinum, Secured Visa
and Visa Signature  products.  Four different products will be made available to
commercial  customers,  and both the  retail  and  commercial  offerings  have a
variety of rewards programs. These improved programs will permit CommunityONE to
increase fee income through a revenue sharing  arrangement  with Elan on current
and new cards."

     "The  unification  of credit card programs is an example of the progress we
are making in bringing these companies  together as a single team," said Michael
C. Miller, FNB United President.  "We are improving product offerings and at the
same time reducing expense, operating more efficiently, and reducing risk."

     FNB United Corp. is the central North  Carolina-based  bank holding company
for  CommunityONE  Bank,  N.A.  Opened  in  1907,  CommunityONE  (MyYesBank.com)
operates  forty-three  offices  in 35  communities  throughout  North  Carolina.
Through its subsidiary, FNB United offers a complete line of consumer,  mortgage
and business banking services; including loan, deposit, cash management,  wealth
management and internet banking services.

This news release contains forward-looking statements regarding future events.
These statements are only predictions and are subject to risks and uncertainties
that could cause the actual events or results to differ materially. These risks
and uncertainties include risks of managing our growth, changes in financial
markets, regulatory changes, changes in interest rates, changes in economic
conditions being less favorable than anticipated, and loss of deposits and loan
demand to other financial institutions. Additional information concerning
factors that could cause actual results to be materially different from those in
the forward-looking statements is contained in FNB United's filings with the
Securities and Exchange Commission. FNB United does not assume any obligation to
update these forward-looking statements or to update the reasons why actual
results could differ from those projected in the forward-looking statements.

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