ATLANTA -- NCNB Corp. on Thursday announced a $1.1 million program with the NAACP to fund counseling centers for minority loan applicants over the next three years.

The announcement, part of NCNB's efforts to clear Community Reinvestment Act hurdles for its pending merger with C&S/Sovran Corp., was announced here by NCNB chairman Hugh L. McColl Jr., who is to be chief executive of the merged company called NationsBank.

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