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.[1] The company has over 4431 employees.[2]
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]
Subsidiaries
| Name | Asset size |
|---|---|
| First-Citizens Bank & Trust Company | $13.3 billion[2] |
| IronStone Bank | $2.1 billion[2] |
References
- ^ Top 50 bank holding companies. Federal Financial Institutions Examination Council (2007-03-31). Retrieved on 2007-04-15.
- ^ a b c Associated Banc-Corp. Holding Companies. iBanknet.com (2007-02-27). Retrieved on 2007-04-15.
- ^ a b c d e f g h i j k l m n o p Bank Holding Company Detail. FDIC Institution Directory. Federal Deposit Insurance Corporation (2006-12-31). Retrieved on 2007-04-15.
External links
| 50 largest American banks and bank holding companies |
|---|
| ABN AMRO North America • Associated •
BancWest • Bank of America • Bank of New York Mellon • BBVA USA • BB&T • BOK Financial • Capital One •
Charles Schwab • Citigroup •
Citizens Financial Group • City National • Colonial •
Comerica • Commerce Bancorp •
Commerce Bancshares • Compass • Fifth Third • First BanCorp • First Citizens • First Horizon National • Fulton •
Harris • HSBC Bank USA •
Huntington • JPMorgan Chase • Key • |
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