As First Citizens Bank continues to expand outside of its Raleigh footprint, its top executives are inking millions.

RALEIGH, N.C., Feb. 27, 2020 -- North Carolina-headquartered First Citizens Bank received a total of 18 Greenwich Excellence Awards, recognizing the company as a leader in.

First Citizens Bank is seeking regulatory approval to open a bank branch near some of the wealthier enclaves in the Sacramento region.

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

First-Citizens Bank & Trust Company (First Citizens Bank), Entegra Bank and Select Bank & Trust Company (Select Bank) announced today that Select Bank has entered into an agreement to buy three Entegra Bank branches in Western North Carolina. Select Bank, headquartered in Dunn, N.C., has agreed to buy Entegra Bank’s Highlands (473 Carolina Way, Highlands, N.C.), Sylva (498 East Main, Sylva, N.C.) and Holly Springs (30 Hyatt Road, Franklin, N.C.) branches.

Top executives in the Triangle walked away with hundreds of millions of dollars in insider stock sales in 2019.

We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]

First-Citizens Bank & Trust Company (First Citizens Bank) announced that its acquisition of Entegra Financial Corp. (Entegra) was effective yesterday (Dec. 31). The 18 Entegra branch offices will initially operate as Entegra Bank, a division of First Citizens Bank. At a later date, Entegra Bank accounts based at 15 branches will be converted to First Citizens Bank’s systems.

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of First Citizens BancShares, Inc. New York, February 27, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of First Citizens BancShares, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's assessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers, which was followed by a rating committee.

Moody's Investors Service ("Moody's") has today assigned a Baa1 rating to First Citizens BancShares, Inc.'s (First Citizens) planned subordinated debt and a Baa3(hyb) rating to its planned non-cumulative preferred stock. Moody's has also assigned provisional ratings to First Citizens' recent shelf registration.

First-Citizens Bank & Trust Company (First Citizens Bank) and Community Financial Holding Company, Inc. (Community Financial) announced today that Community Financial’s shareholders have approved First Citizens’ pending acquisition of Community Financial and its wholly owned subsidiary, Gwinnett Community Bank. At a meeting held today for the purpose of considering the transaction, the shareholders of Duluth, Ga.-based Community Financial voted to approve the merger agreement with Raleigh, N.C.-headquartered First Citizens Bank.

First Citizens Bank today announced it has helped nearly 23,000 businesses across the company’s franchise secure loans totaling $3.2 billion through the SBA’s Paycheck Protection Program. “Taking care of our customers is our promise – it’s who we are, especially during times like these,” said Chairman and CEO Frank Holding. The Paycheck Protection Program, part of the CARES Act (the Coronavirus Aid, Relief, and Economic Security Act) passed by Congress, was created to provide emergency relief for small businesses impacted by COVID-19.

First-Citizens Bank & Trust Company (First Citizens Bank) announced that the merger of Community Financial Holding Company, Inc. (Community Financial) and its subsidiary, Gwinnett Community Bank, into First Citizens Bank was effective on Feb. 1, 2020. Following the merger, the three Gwinnett Community branch offices are initially operating as Gwinnett Community Bank, a division of First Citizens Bank. At a later date, Gwinnett Community customer accounts will be converted to First Citizens Bank’s systems and operations.

First Citizens BancShares, Inc. (BancShares) (FCNCA) today announced that its upcoming 2020 Annual Shareholders' Meeting will be held virtually to protect the health and well-being of its shareholders, associates and community and to comply with current stay-at-home orders and restrictions on gatherings of more than 10 persons. Each record holder of shares, or beneficial holder of shares held by a bank, broker or other nominee, as of the February 28, 2020, meeting record date may access the meeting online by going to www.virtualshareholdermeeting.com/FCNCA2020 and following the instructions on the website to enter their 16-digit Control Number printed on the proxy card or voting instruction form they received with their proxy statement.

First-Citizens Bank & Trust Company (First Citizens Bank) and Entegra Financial Corp. (Entegra) announced that First Citizens Bank’s previously announced proposal to acquire (by merger) Entegra and its wholly-owned subsidiary, Entegra Bank, has received the required regulatory approvals from the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation and the Office of the North Carolina Commissioner of Banks. No further regulatory approvals are required to complete the merger.

First Citizens Bank announced that its Biscayne Bank division based in Coconut Grove, Fla., has completed its conversion to First Citizens’ operations and systems. This conversion puts both banks on the same operational and technical systems and aligns customer accounts to First Citizens products and services. “This completed conversion signifies the continued growth of our company and further strengthens our presence in South Florida,” said Frank B. Holding Jr., chairman and CEO of First Citizens Bank.

Select Bank and Trust is adding more branches thanks to a deal with Raleigh’s biggest homegrown bank.

RALEIGH, N.C., Jan. 28, 2020 -- First Citizens BancShares Inc. (BancShares) (Nasdaq: FCNCA) reported strong earnings for the year ended 2019, benefiting from balance sheet.

RALEIGH, N.C., April 28, 2020 -- The Board of Directors of First Citizens BancShares Inc. (Nasdaq: FCNCA) declared on April 28, 2020, a quarterly dividend of 40 cents per share.

RALEIGH, N.C., April 28, 2020 --  First Citizens BancShares Inc. (“BancShares”) (Nasdaq: FCNCA) reported earnings for the first quarter of 2020 which were impacted by the.