Founded in 1898, First-Citizens Bank & Trust Company is a subsidiary of First Citizens BancShares, Inc. (NASDAQ: FCNCA) and one of the largest family-controlled banks in the United States. Headquartered in Raleigh, North Carolina, the bank has a long history of stability and customer-focused service. In 2023, First Citizens significantly expanded its operations and asset base by acquiring Silicon Valley Bank from the FDIC, a move that broadened its capabilities in serving the technology, innovation, and venture capital sectors. The bank offers a comprehensive suite of financial products, including personal and business checking and savings accounts, loans, mortgages, credit cards, wealth management, and investment services.