About First-Citizens Bank & Trust Company
First-Citizens Bank & Trust Company is a state-chartered bank based in Raleigh, NC. Managing over $214 Billion in assets following its acquisition of Silicon Valley Bank assets, First Citizens offers commercial banking, tech venture lending, and wealth management.
Financial Scale and Asset Performance
According to recent FDIC call report data, First-Citizens Bank & Trust Company holds $214,599 Million in total consolidated assets, ranking it #16 out of more than 2,000 insured commercial banking institutions in the United States. Of its total holdings, $214,547 Million represent domestic U.S. deposits and investments, representing approximately 100% of its total balance sheet.
Branch Network & Regulatory Oversight
The bank currently maintains a domestic network of 566 retail banking centers across the United States. Under its SNM charter classification, First-Citizens Bank & Trust Company is subject to primary supervisory examination by the Federal Deposit Insurance Corporation (FDIC) alongside FDIC insurance coverage for eligible deposit accounts up to $250,000 per depositor.
Key Profile Summary: First Citizens Bank
- Official Legal Name: FIRST-CITIZENS B&TC/FIRST CITIZENS BSHRS
- National Asset Rank: #16
- Parent Holding Co: FIRST CITIZENS BSHRS
- Primary Regulator: Federal Deposit Insurance Corporation (FDIC)
- Official Website: https://www.firstcitizens.com