NEW YORK — North Carolina-based First Citizens will buy Silicon Valley Bank, the tech industry-focused financial institution that collapsed earlier this month, rattling the banking industry and ...

First Citizens Bank has been a part of the U.S. banking system for the last 120 years. The Raleigh, North Carolina-based bank now operates more than 500 branches across dozens of states and uses ...

RALEIGH – First Citizens BancShares announced Wednesday the completion of the previously announced merger of Columbia, S.C.-based First Citizens Bancorporation into Raleigh-headquartered BancShares.

SANTA CLARA, CALIFORNIA - MARCH 10: A Brinks armored truck sits parked in front of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. Silicon Valley ...

RALEIGH, N.C. (WTVD) -- News of First Citizens Bank acquiring Silicon Valley Bank came less than three weeks after regulators shut down SVB following a collapse. Shares of Raleigh-based First Citizens ...

First Citizens Bank will buy "all the deposits and loans" of Silicon Valley Bank in the wake of SVB's collapse earlier this month, the Federal Deposit Insurance Corporation announced late Sunday. SVB ...

Additional 138 branches in 11 states accelerate expansion into new markets across the U.S. RALEIGH, N.C., Oct. 16, 2025 /PRNewswire/ -- First-Citizens Bank & Trust Company ("First Citizens Bank"), the ...

The discount on the assets makes the deal immensely accretive to First Citizens' tangible book value and earnings power. First Citizens is also getting new businesses that have performed very well in ...

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