First Citizens BancShares

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First Citizens BancShares is a financial holding company headquartered in Raleigh, North Carolina. It is the largest family-controlled bank in the United States, with a history dating back to 1898. The bank has over 550 branches in 19 states and Washington D.C., with a strong presence in the Southeast and Southwest regions of the country.
The company's primary subsidiary, First Citizens Bank, offers a range of banking and financial services, including personal and commercial banking, wealth management, trust and investment services, mortgage lending and insurance. The bank has over $51 billion in assets and is consistently ranked as one of the strongest and most financially stable banks in the country.
First Citizens BancShares is known for its conservative and disciplined approach to banking, with a focus on customer service and long-term relationships. The majority of the bank's stock is held by the family of its founders, the Holding family, which has maintained a controlling interest in the company for over a century.
The company has a strong commitment to its communities, supporting a variety of charitable organizations and initiatives. It also has a tradition of promoting from within, with many of its senior executives starting as tellers or in other entry-level positions.
Overall, First Citizens BancShares has a strong reputation as a reliable and trusted banking institution, with a long track record of success and a commitment to its customers, employees, and communities.

1. Long History: First Citizens BancShares has a long history, dating back to 1898 when it was founded as the Bank of Smithfield in North Carolina. This makes it one of the oldest and most well-established banks in the United States.
2. Strong Financial Performance: The company has a solid financial performance track record, with consistent profitability and growth in assets, loans, and deposits over the years. As of 2021, it has over $51 billion in assets.
3. Family-Owned: Unlike many other large banks, First Citizens BancShares is still family-owned, with the Holding family owning a majority stake in the company. This gives the bank a unique sense of stewardship and long-term focus.
4. Customer-Centric Approach: The bank prides itself on its customer-centric approach, providing personalized service and innovative products to meet the needs of its customers. This has earned the bank a loyal customer base and outstanding customer satisfaction ratings.
5. Strong Corporate Culture: First Citizens BancShares has a strong corporate culture, focused on values such as integrity, diversity, and community involvement. This has helped the company to attract and retain top talent and build long-term relationships with customers.
6. Commitment to Technology: The company has made significant investments in technology, with a focus on improving the digital banking experience for its customers. It offers online and mobile banking services and has received recognition for its innovative use of technology in the banking industry.
7. Community Involvement: First Citizens BancShares is committed to giving back to the communities it serves. It supports various charitable organizations and initiatives and encourages its employees to volunteer and make a positive impact in their local communities.
8. Expansion and Growth: The company has expanded its presence beyond its home state of North Carolina to other states such as South Carolina, Virginia, and California. This has allowed the company to reach more customers and continue its growth trajectory.
9. Well-Regarded Reputation: First Citizens BancShares has a well-regarded reputation in the banking industry, known for its stability, reliability, and ethical business practices. It has received numerous awards and recognition for its financial strength and customer service excellence.
10. Commitment to Sustainability: The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact and promote social responsibility. It has been recognized for its efforts in this area and has a strong commitment to sustainability in its operations and business practices.