June 12, 2006
Approval of proposal by BB & T Corporation
For immediate release
The Federal Reserve Board on Monday announced its approval of the proposal by BB&T Corporation, Winston Salem, North Carolina, to acquire First Citizens Bancorp, Cleveland, and its subsidiaries: The Bank/First Citizens Bank, Cleveland; The Home Bank of Tennessee, Maryville; and The Home Bank, Ducktown, all of Tennessee.
Attached is the Board's Order relating to this action.