First Citizens Bank

First Citizens Bank is a family-controlled American bank and the primary subsidiary of First Citizens BancShares, Inc. (NASDAQ: FCNCA). It was founded in 1898 as Bank of Smithfield, in Smithfield, North Carolina, with $10,000 of initial capital. More than 125 years later it ranks among the top 20 financial institutions in the United States and is a Fortune 500 company.

The bank holds more than $225 billion in total assets and operates more than 500 branches and offices across 30 U.S. states. Its headquarters are at 4300 Six Forks Road in Raleigh, North Carolina. The institution has grown from a single small-town bank into a national franchise while remaining under family control - one of the largest family-controlled banks in the country.

Its services span four main areas: Personal Banking for individual customers, Business Banking for business clients, Commercial Banking for larger corporate customers, and Wealth Management, covering wealth management and advisory services. The bank operates across the banking, financial services, wealth management and commercial banking verticals.

First Citizens describes its approach as family-led and relationship-driven, with an emphasis on long-term customer relationships and community involvement. The bank positions itself as maintaining a personal touch alongside national expansion.