RBC Centura Bank to be renamed

RALEIGH - The former RBC Centura Bank has a shorter name. Officials announced this week that the 18-year-old bank will now operate as RBC Bank. The name change emphasizes the bank's connection to its parent company, Royal Bank of Canada, officials said.

The name "Centura" was created from the words century and future in 1990 when the bank was formed from the merger of two North Carolina banks. In 2001, the bank added the letters "RBC" to its name when it was acquired by Royal Bank of Canada.