First Citizens BancShares, Inc. (First Citizens Bank)

First Citizens Bank is a prominent financial institution offering a comprehensive range of banking products and services to individuals, businesses, and institutions. Headquartered in Raleigh, North Carolina, its mission is to deliver exceptional financial experiences. The bank emphasizes a values-driven approach, combining deep sector expertise with high-touch service to help clients achieve their financial goals.

The bank provides diverse offerings including checking and savings accounts, credit cards, mortgages, and investment solutions for personal banking clients. For businesses, it offers commercial banking, business loans, treasury management, and equipment financing. Following the acquisition of Silicon Valley Bank assets, First Citizens Bank has also expanded its reach into the innovation economy, serving venture-backed companies and their investors, alongside its established wealth management services.

First Citizens Bank has significantly grown its market presence through strategic acquisitions, notably the integration of CIT in 2022 and the acquisition of Silicon Valley Bank in March 2023. These moves have propelled it to become one of the top 20 financial institutions in the U.S., with over $225 billion in total assets as of Q1 2026. Frank B. Holding, Jr. serves as the Chairman and CEO, leading the bank in its strategy of relationship-driven commercial and retail banking. The Silicon Valley Bank brand name is scheduled to be aligned with First Citizens Bank in Q4 2026.