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May 22, 2025

First Citizens

Article

Raleigh-based First Citizens strikes deal to buy troubled Silicon Valley Bank

March 30, 2023 The Associated Press

RALEIGH — Family-owned First Citizens Bank, based in Raleigh, is buying much of Silicon Valley Bank, the tech-focused financial institution whose failure this month set off a chain reaction that helped rattle faith in banks […]

Article

First Citizens, CIT announce receipt of regulatory approvals for merger

January 6, 2022 Emily Roberson

RALEIGH —First Citizens BancShares, Inc., the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc., the parent company of CIT Bank, N.A., jointly announced that their previous proposal to merge the two companies has received approval from the […]

Article

First Citizens, CIT receive FDIC approval of proposed merger

July 21, 2021 North State Journal Staff

RALEIGH and NEW YORK—First Citizens BancShares Inc., the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc., the parent company of CIT Bank, jointly announced last week that the proposal to merge the two companies has […]

Article

First Citizens and CIT Group announce partnership, creating a top­ 20 bank

October 21, 2020 North State Journal Staff

RALEIGH and NEW YORK — First Citizens BancShares, Inc., the parent company of First Citizens Bank & Trust Company, and CIT Group Inc., the parent company of CIT Bank, N.A., jointly announced last week that they have […]

Business

First Citizens’ Ed Willingham to serve as chairman of 2018 REX Hospital Open

February 26, 2018 Emily Roberson

CHAPEL HILL – Ed Willingham, a top executive at First Citizens Bank, one of North Carolina’s largest banks, will serve as chairman of the 2018 REX Hospital Open, the Triangle’s premier charity golf tournament. “At […]

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