first citizens bank (fcb)

Founded in 1898, First Citizens Bank is the principal banking subsidiary of First Citizens BancShares, Inc. (NASDAQ: FCNCA). It operates on a "Forever First" promise, emphasizing long-term relationships and stability, and remains one of the largest family-controlled banks in the United States. The bank offers a comprehensive suite of financial services including personal and business banking, wealth management, and various lending products. In a significant expansion, First Citizens acquired Silicon Valley Bank (SVB) in March 2023, substantially increasing its assets and expanding its footprint in the technology and venture capital sectors.