First-Citizens Bank & Trust Company

First Citizens Bank is a large regional bank headquartered in Raleigh, North Carolina, and a subsidiary of First Citizens BancShares. It has grown substantially in recent years and became significantly larger following its acquisition of the assets of Silicon Valley Bridge Bank in 2023, the successor to Silicon Valley Bank after that institution's failure.

For individual customers, First Citizens Bank commonly offers checking and savings accounts, personal loans, home mortgages, auto loans, and home equity products. The bank serves customers across a wide geographic footprint that spans multiple US regions, with branches in a number of states including the Carolinas, California, Virginia, and others.

For businesses, First Citizens provides business checking and savings, commercial loans, equipment finance, and SBA lending. The bank's equipment finance division, formerly associated with CIT Group, is a recognised commercial lending operation for businesses acquiring machinery, vehicles, and technology.

First Citizens Bank operates a mobile banking app that supports account management, fund transfers, bill pay, and check deposit. The bank also maintains physical branches for customers who prefer in-person service.

For home buyers, First Citizens offers conventional mortgage and home equity products. Personal and auto loans are available for qualifying customers.

The bank has a long operating history in the Carolinas and has expanded its national presence through strategic acquisitions. Its growth means product availability and branch access can vary significantly by region.

First Citizens Bank is a state-chartered member bank regulated by the Federal Reserve and is FDIC-insured up to applicable limits. Rates, fees, and eligibility vary by product and individual circumstances.