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First Citizens Bank overview

Industry
Finance
Revenue
Headquarters
Employees
7,176
Founded in
Website
Organization type
Public
Social media
First Citizens Bank helps customers do more with money. It is a full-service banking institution, Its parent company, First Citizens BancShares, Inc. (NASDAQ: FCNCA), has more than $35 billion in assets. First Citizens is now a family-controlled bank, with a record of stable leadership few institutions can rival. First Citizens Bank provides banking services, essential business and professional services, wealth management capabilities, and a full-service telephone bank and sophisticated online and mobile banking offerings. The company is committed to reflecting the rich diversity of the communities where it does business. It strives to encourage associates to accomplish the full potential by contributing to business success and service excellence. The security of financial information is among the company's priorities. First Citizens Bank was founded on 1898 and is headquartered in Raleigh, North Carolina.
First Citizens Bank has been around for a long time. It was founded back in 1898. This established company loves to hire graduates from University of South Carolina - Columbia, with 13.0% of its employees having attended University of South Carolina - Columbia. First Citizens Bank is a great place to work and is featured as number 2 on Zippia's list of Best Companies to Work for in Raleigh, NC.The average employee at First Citizens Bank makes $52,495 per year. Pay at First Citizens Bank is significantly lower than some of its highest paying competitors, like Bank of the West, Leumi, and City National Bank, which pay $83,013, $82,917, and $64,116, respectively.
Based in Raleigh, NC, First Citizens Bank is a key player in the finance industry with 7,176 employees and an annual revenue of $2.0B.

First Citizens Bank's mission statement

Deliver exceptional financial experiences focused on the success of our customers and communities.

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2.8/5

First Citizens Bank employee reviews

Based on 9 ratings

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First Citizens Bank employee reviews

First Citizens Bank employee reviews
2.8/5

Based on 9 ratings

Work at First Citizens Bank? Share your experience.
Employee reviews
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1.0
A zippia user wrote a review on Sep 2025
Pros of working at First Citizens Bank

Teaches you to be tough & handle working in a toxic environment.

Cons of working at First Citizens Bank

Toxic people; unprofessional; gossip-ridden; horrible management.

First Citizens Bank benefits

My favorite moment was when I quit.

What do you like best about First Citizens Bank's CEO and the leadership team?

Nothing- I believe in the ‘trickle down’ theory - if this company can be so toxic - it must come from the top.

How would you improve First Citizens Bank's culture?

Give much better training to managers.

How did you prepare for the First Citizens Bank interview?

The same way you would prepare for any interview.

How does your compensation at First Citizens Bank compare to the industry average?

It was definitely below average.

What's the diversity at First Citizens Bank like?

Diversity seemed good.

What brings you the most joy at First Citizens Bank?

Helping people.

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2.0
A zippia user wrote a review on Oct 2024
Pros of working at First Citizens Bank

You have a job

Cons of working at First Citizens Bank

Low pay compared to peers. Cheap bank. No bonuses. They only value sale people ( more $$ for the family) and create a class system within the bank. Haves and have nots.

First Citizens Bank benefits

You have a job. Benefits are expensive compared to peers of what you pay vs get. Benefits are horrible here. Only thing on par with peers is 401k payout (it’s comparable to peers); everything else is not comparable to peers and is below average.

What do you like best about First Citizens Bank's CEO and the leadership team?

Nothing they are siloed in their world mailing money off hard working employees who aren’t paid well for their hard work

How would you improve First Citizens Bank's culture?

Pay bonuses to all like normal. Adopt SVB initiatives and survey how miserable and fearful your employees are to say anything to HR because HR doesn’t listen and is a southern boys club mentality

How does your compensation at First Citizens Bank compare to the industry average?

Lowered compared to peers. This is a cheap bank

What's the diversity at First Citizens Bank like?

Diversity is sorely lacking

Is this useful?2 people found this review helpful
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2.0
A zippia user wrote a review on Feb 2023
Cons of working at First Citizens Bank

I have been working for this company more than 5 years. I would not recommend any investment with First Citizens Bank. They are the worst performer on the market based on the customer and employee reviews, because all smart people have already left this company. Very poor management, toxic, politic based, cheep environment. Lots of lawsuits with the companies they acquire. They do not maintain quality employees and management only cares about their own bonus. HR does not exist and covers management wrong doing. During my career, I have been volunteering and working hard and doing a great job, may manager was Orlando.Torres. I was never reworded, no promised bonuses. Their politics to keep people scared, instead of rewording for a good job. They changed my remote work from home status to work in the office and without any explanation. They were sending emails to all current employees and asking people on writing positive revues to cover up their chaos. I have been dismissed during taking medical leave on PTO and my PTO has never been paid. Overall, I would not recommend this job to a friend.

Is this useful?3 people found this review helpful
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5.0
A zippia user wrote a review on Jan 2022
Pros of working at First Citizens Bank

I love helping customers and I love the associates. There is amazing alignment on doing the right thing.

Cons of working at First Citizens Bank

Absolutely nothing.

First Citizens Bank benefits

Too many to name. Great benefits.

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4.0
A zippia user wrote a review on Feb 2021
Pros of working at First Citizens Bank

Helping the customers

Cons of working at First Citizens Bank

Fear of being robbed

First Citizens Bank benefits

Insurance, retirement, paid time off

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The team at First Citizens Bank

    The inside scoop
    First-Citizens Bank & Trust Company has been providing personalized financial services for more than 100 years. This state-chartered commercial bank is the largest family-controlled bank in the United States that help people from all walks of life. Since 1898, First Citizens has been offering wealth management, insurance, treasury services, leasing, and more. It has 500 branches in 19 states.

    First Citizens Bank rankings

    First Citizens Bank is ranked #27 on the Best companies to work for in North Carolina list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

    Read more about how we rank companies.

    First Citizens Bank salaries

    Average First Citizens Bank salary
    $52,495
    yearly
    $25.24 hourly
    Updated March 14, 2024

    Evaluate First Citizens Bank's commitment to diversity and inclusion.

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    First Citizens Bank diversity

    9.7
    Diversity score
    We calculated First Citizens Bank’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of First Citizens Bank’s workforce.

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    First Citizens Bank office locations

    First Citizens Bank is headquartered in Raleigh, NC

    Biggest First Citizens Bank locations

    RankCityJob countAvg. salary
    1New York, NY38$64,399
    2San Francisco, CA21$60,017
    3Charlotte, NC15$54,302
    4Phoenix, AZ13$52,396
    5Boston, MA13$60,967
    6Jacksonville, FL11$53,634
    7Los Angeles, CA5$59,269
    8Dallas, TX3$52,422
    9Austin, TX3$53,074
    10Denver, CO3$52,067

    First Citizens Bank financial performance

    9.9
    Performance score

    Highest paying First Citizens Bank competitors

    Compare First Citizens Bank salaries to competitors, including Bank of the West, Leumi, and City National Bank. Employees at Bank of the West earn the highest average yearly salary of $83,013. The salaries at Leumi average $82,917 per year, and the salaries at City National Bank come in at $64,116 per year.
    RankCompanyAverage salaryJobs
    1$83,0130
    2$82,9170
    3$64,1160
    4$58,8880
    5$56,6990
    6$56,4960
    7$55,9540
    8$53,2110
    9$50,3670
    10$50,2360

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    Zippia gives an in-depth look into the details of First Citizens Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about First Citizens Bank. The employee data is based on information from people who have self-reported their past or current employments at First Citizens Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by First Citizens Bank. The data presented on this page does not represent the view of First Citizens Bank and its employees or that of Zippia.

    First Citizens Bank may also be known as or be related to First Citizens BancShares, First Citizens BancShares Inc, First Citizens BancShares, Inc., First Citizens Bancshares Inc, First Citizens Bank and First-Citizens Bank & Trust Company.