About First Citizens BancShares

About First Citizens BancShares

This article explains all you need to know about About First Citizens BancShares.

About About First Citizens BancShares

First Citizens Bancshares, Inc. is a North Carolina bank holding corporation. This includes First Citizens Bank. It is one of the biggest banks in America. 

On December 31, 2019, the corporation had 574 locations in 19 states, but 72% of its deposits were in North and South Carolina. 

Robert Powell Holding, who joined the bank in 1918 and became president in 1935, has headed the business for three generations. 

It amalgamated with Citizens National Bank to form First and Citizens National Bank. It became First Citizens Bank and Trust Company in 1929. It became First Citizens BancShares, Inc. in 1986. 

Overview 

First Citizens Bank has been serving local communities since the 1800s, with over 500 locations in different states. It now offers checking, savings, and CD accounts, as well as loans, investments, and leasing. It also helps small firms. 

First Citizens will waive monthly service fees if you maintain specific daily amounts or fulfill other requirements. The regular Online Savings account appeals to tech-savvy customers, but the bank’s savings account interest rates are lower than online and other brick-and-mortar competitors. 

The Bank of Smithfield opened in 1898 in Johnston County, North Carolina. It now has over 500 branches in over a dozen states. Investment, insurance, and leasing alternatives are available in addition to personal banking products such as checking accounts and CDs. First Citizens Bank also caters to businesses of all sizes. 

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First Citizens BancShares, Inc. owns the bank. This Delaware-based financial holding firm is situated in Raleigh. 

About First Citizens BancShares Locations 

First Citizen Bank has over 500 full-service branches nationwide. They are found in Arizona, California, Colorado, Florida, Georgia, Kansas, Maryland, New Mexico, Missouri, North Carolina, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Virginia, Washington, and West Virginia, among other states 

On the company’s website, enter your zip code to identify a bank-owned ATM. 

About First Citizens BancShares Online Services 

First Citizens Bank’s website has many features. You can search for transactions by date, quantity, or type. You may also pay bills, move money between bank accounts, and send money to others using simply their phone numbers and emails. Sending money to other financial institutions incurs a $2.99 cost. 

Everything you can do online, you can do on your smartphone or tablet with the First Citizen app. With either device, you may deposit money by photographing a check. 

How Do I Get My Cash? 

Over 500 branches in 18 states allow you to access your funds. On the bank’s website, enter your zip code in the “ATM and Locations” area. You can also call 1-888-323-4732 for customer assistance. You can also use the bank’s website to request a call or send a message. 

How Can First Citizens Bank Save Me Money? 

First Citizens Bank’s savings rates aren’t great, but you can avoid fees that could eat away at your funds over time. Your best APY options are long-term CDs or its tiered-savings accounts. You may also examine the finest money market accounts to maximize your savings potential. 

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How to Open a First Citizens Bank Account? 

Opening an account with First Citizens Bank is simple online. You’ll need a government-issued ID, Social Security number, and basic contact info. In order to open a new account, you must be a legal resident of one of the following states. 

You can also apply for a bank account at any of the bank’s 500 branches. 

First Citizens Bank doesn’t offer high savings account interest rates, but it does eliminate some annoying fees and allows you to waive them by satisfying certain criteria. While internet banks may offer better savings accounts, First Citizens Bank gives you the security of having physical branches and real people to talk to if a problem happens. 

About First Citizens BancShares: Conclusion 

First Citizens Bank is the best choice for those who desire one bank to manage all their banking needs. There are basic checking accounts, insurance, and investment choices. The bank also caters to small businesses.

Thanks for taking the time to read this blog post on About First Citizens BancShares.

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