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11
Mar

First Citizens BanK

By Susan Mitchell

First Citizens Bank (First Citizens BancShares, Incorporated) is headquartered in Raleigh, North Carolina, USA and has $15.7 billion in assets and was rated in 2007, the 48th largest bank holding company in the United States.

The company has over 4431 employees. On October 07, 2009 the U.S. Bank National Association, a subsidiary bank of U.S. Bancorp, has entered into a definitive agreement to purchase the bond trustee business of First Citizens Bank, a subsidiary of First Citizens BancShares.

Services offered include First Citizens Online Banking.

Brief History

First Citizens BancShares was founded in 1898 established as the First-Citizens Bank & Trust Company.

Between 1971 – 2003,First Citizens BancShares acquired numerous banks and financial institutions. It operates 2 main subsidiaries First-Citizens Bank & Trust Company and Ironstone Bank both with a combined asset size of $15.4 billion

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Category : US Banks

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