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First Citizens Bank history
First Citizens Bank company history timeline
The bank opened on March 1, 1898 as Bank of Smithfield.
In 1929, it changed its name to First Citizens Bank and Trust Company.
In 1986, it reorganized as a holding company, First Citizens BancShares, Inc.
Citizens had three acquisitions in different decades that helped shape the momentum of the Company prior to a period of rapid growth which began in 1988, the year Citizens Financial Group, Inc. was acquired by The Royal Bank of Scotland Group.
Frank B. Holding, Jr. was elected Chairman of First Citizens in 2009.
In November 2015, Citizens Financial Group (NYSE: CFG) became a fully independent publicly-traded company, just over a year after the successful completion of the largest commercial bank initial public offering (IPO) in United States history.
The merger is expected to close in the first half of 2021, pending receipt of regulatory and stockholder approvals.
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First Citizens Bank competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Commerce Bank | 1865 | $1.4B | 4,766 | 149 |
| TCF Financial | 1923 | $2.1B | 10,000 | - |
| Bank of the West | 1874 | $2.8B | 9,261 | - |
| Peoples Bank of the South | 1917 | $18.0M | 148 | - |
| Pacific Continental Bank | 1972 | $97.8M | 377 | - |
| Wells Fargo | 1852 | $2.4B | 268,531 | 2,776 |
| U.S. Bank | 1863 | $202.1M | 70,000 | 2,474 |
| Bank of America | 1998 | $85.5B | 200,000 | 6,109 |
| Dickinson Financial Corporation | 1992 | $150.0M | 510 | 90 |
| Fifth Third Bank | 1858 | $7.7T | 19,846 | 1,209 |
First Citizens Bank history FAQs
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.