FNB United is a bank holding company. Through its two bank subsidiaries: CommunityOne Bank, N.A. and Bank of Granite, Co. provides a line of consumer, mortgage and business banking services, including loan, deposit, cash management, investment management and trust services, to individual and business customers through operations located in Alamance, Alexander, Ashe, Burke, Caldwell, Catawba, Chatham, Gaston, Guilford, Iredell, Mecklenburg, Montgomery, Moore, Orange, Randolph, Richmond, Rowan, Scotland, Watauga and Wilkes counties in North Carolina. As of Dec 31 2011, Co. had total assets of $2.41 billion and deposits of $2.13 billion.