First Citizens BancShares
First Citizens BancShares is a Fortune 500 bank holding company whose subsidiary, First Citizens Bank, provides personal, business, commercial and wealth management banking across 30 U.S. states.
First Citizens BancShares, Inc. is a Fortune 500 bank holding company headquartered in Raleigh, North Carolina. Its primary subsidiary, First Citizens Bank, is one of the largest family-controlled banks in the United States, ranked among the top 20 U.S. financial institutions, with total assets of more than $225 billion and a network of more than 500 branches and offices spanning 30 states.
The bank traces its origins to 1898, when it was founded as the Bank of Smithfield in North Carolina with initial capital of $10,000. More than 125 years of continuous operation follow. Its business spans four areas: personal banking for individual customers across the country, business banking, commercial banking including commercial lending, and wealth management and advisory services.
Ownership remains family-controlled, and the company describes its approach as relationship-driven and oriented towards the long term, retaining a personal touch alongside national expansion. Community involvement is a stated emphasis alongside its banking operations. Further information is available at firstcitizens.com.