First Citizens BancShares

First Citizens BancShares

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. [cite web
url=http://www.ffiec.gov/nicpubweb/nicweb/Top50Form.aspx
title=Top 50 bank holding companies
accessdate=2007-04-15
date=2007-03-31
publisher=Federal Financial Institutions Examination Council] The company has over 4431 employees.cite web
url=http://www.ibanknet.com/scripts/callreports/getbank.aspx?id=ibn1438&cert=1075612
title=Associated Banc-Corp
accessdate=2007-04-15
date=2007-02-27
work=Holding Companies
publisher=iBanknet.com]

History

* 1898 - established as the First-Citizens Bank & Trust Companycite web
url=http://www2.fdic.gov/idasp/report_bhc.asp?inSortIndex=0&inCert1=1075612&period1=06/30/2006
title=Bank Holding Company Detail
accessdate=2007-04-15
date=2006-12-31
work=FDIC Institution Directory
publisher=Federal Deposit Insurance Corporation]
* 1971 - acquired The Haynes Bank of Cliffside, North Carolina
* 1974 - acquired The Bank of Coleridge in Ramseur, North Carolina and The Bank of Commerce in Charlotte, North Carolina
* 1979 - acquired Bank of Conway in Conway, North Carolina
* 1981 - acquired Commercial & Farmers Bank of Rural Hall, North Carolina and Commercial & Savings Bank of Boonville, North Carolina
* 1983 - acquired Peoples Bank of North Carolina in Madison, North Carolina
* 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
* 1990 - acquired Heritage Federal Savings and Loan Association of Monroe, North Carolina and North Carolina Savings and Loan Association, FA of Charlotte, North Carolina
* 1991 - acquired Mutual Savings and Loan Association of Charlotte, North Carolina and First Federal Savings Bank of Hendersonville, North Carolina
* 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
* 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
* 1995 - acquired First Investors Savings Bank of Whiteville, North Carolina and State Bank of Fayetteville, North Carolina
* 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
* 1997 - acquired First Savings Bank of Rockingham County in Reidsville, North Carolina
* 1998 - acquired First Citizens Bank & Trust Company of White Sulphur Springs, West Virginia
* 2003 - acquired Avery County Bank of Newland, North Carolina

Subsidiaries

Fidelity bank

References

External links

* [http://www.firstcitizens.com/ Official site]


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