About Business
First Citizens BancShares is a publicly traded American bank company founded in 1898 and headquartered in Raleigh, North Carolina, U.S. It?s one of the largest banks in the United States, with over 500 branches nationwide. This bank has two subsidiaries, including First Citizens Bank and Silicon Valley Bank. The bank started as the Bank of Smithfield in 1898. It became First Citizens BancShares after merging First National Bank of Smithfield and Citizens National Bank. The bank was renamed in 1929 and became a holding company in 1986. As of now, it is one of the largest banks in the U.S. and ranked 182nd on the Fortune 500 list.