first citizens bank and trust company, inc.

Founded in 1898 and headquartered in Raleigh, North Carolina, First Citizens Bank & Trust Company is the primary subsidiary of First Citizens BancShares, Inc. (NASDAQ: FCNCA). It stands as one of the largest family-controlled banks in the United States, committed to building long-term relationships with its customers. The bank provides a comprehensive suite of financial services, including personal banking, business and commercial banking, and wealth management solutions. In March 2023, First Citizens significantly expanded its operations and national presence by acquiring a substantial portion of Silicon Valley Bank (SVB), enhancing its capabilities in serving the technology and venture capital sectors.