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First Citizens BancShares, Incorporated is a bank holding company headquartered in Raleigh, North Carolina. As of early 2007, it had $15.7 billion in assets and was the 48th largest bank holding company in the United States.[1] The company has over 4431 employees.[2]
[edit] History
- 1898 - established as the First-Citizens Bank & Trust Company[3]
- 1971 - acquired The Haynes Bank of Cliffside, North Carolina[3]
- 1974 - acquired The Bank of Coleridge in Ramseur, North Carolina and The Bank of Commerce in Charlotte, North Carolina[3]
- 1979 - acquired Bank of Conway in Conway, North Carolina[3]
- 1981 - acquired Commercial & Farmers Bank of Rural Hall, North Carolina and Commercial & Savings Bank of Boonville, North Carolina[3]
- 1983 - acquired Peoples Bank of North Carolina in Madison, North Carolina[3]
- 1985 - acquired First State Bank of Winterville, North Carolina, Farmers Bank of Pilot Mountain, North Carolina, and Farmers Bank of Sunbury in Sunbury, North Carolina[3]
- 1990 - acquired Heritage Federal Savings and Loan Association of Monroe, North Carolina and North Carolina Savings and Loan Association, FA of Charlotte, North Carolina[3]
- 1991 - acquired Mutual Savings and Loan Association of Charlotte, North Carolina and First Federal Savings Bank of Hendersonville, North Carolina[3]
- 1993 - acquired Caldwell Savings Bank of Lenoir, North Carolina, Surety Federal Savings and Loan Association, FA of Morganton, North Carolina, and Pioneer Savings Bank of Rocky Mount, North Carolina[3]
- 1994 - acquired The Bank of Bladenboro in Bladenboro, North Carolina, Edgecomb Homestead Savings Bank of Tarboro, North Carolina, and First Republic Savings Bank FSB of Roanoke Rapids, North Carolina[3]
- 1995 - acquired First Investors Savings Bank of Whiteville, North Carolina and State Bank of Fayetteville, North Carolina[3]
- 1996 - acquired First-Citizens Bank & Trust Company of Lawrenceville, Virginia, Peoples Savings Bank of Wilmington, North Carolina, and Summit Savings Bank of Sanford, North Carolina[3]
- 1997 - acquired First Savings Bank of Rockingham County in Reidsville, North Carolina[3]
- 1998 - acquired First Citizens Bank & Trust Company of White Sulphur Springs, West Virginia[3]
- 2003 - acquired Avery County Bank of Newland, North Carolina[3]
[edit] Subsidiaries
| Name |
Asset size |
| First-Citizens Bank & Trust Company |
$13.3 billion[2] |
| IronStone Bank |
$2.1 billion[2] |
[edit] References
[edit] External links
