Didn't C&C get merged in with Jakes takeover and buying of Park National and Hamilton Banks? I know they started out with C&C like you said. Before that they had an oil company where suposidly all the money came from. Not buying that either.
Only one local person I know of got that rich in such short time and he has an untarnished reputation. That man built a Gone with the Wind type mansion in Knoxville and paid cash for ir as he went. He owns a large surgical instruments and medical supply company in the area and is high respected.
No they kept C&C separate from United American. CH, Jr was in the process of building his C&C headquarters when the Banks fell. It became the Riverview Tower where BB&T is now.