The Board of Directors of FNB United Corp., the holding company for CommunityONE Bank, has declared a regular quarterly cash dividend of 10 cents per share, the same as paid in the previous quarter.

The dividend will be paid Jan. 23 to shareholders of record on Dec. 26, 2008.

FNB United Corp. is the Asheboro-based bank holding company for CommunityONE Bank, and the bank's subsidiary, Dover Mortgage Co.

Opened in 1907, Community-ONE (MyYesBank.com) operates 45 offices in 38 communities throughout central, southern and western North Carolina.