FDIC Approves Proposed Merger of First Citizens and CIT

The Federal Deposit Insurance Corporation approved the proposed merger of First Citizens BancShares, the parent company of First Citizens Bank & Trust Company, and CIT Group, the parent company of CIT Bank. read more

JUL 15, 2021 - 6:41 am

First Citizens and CIT to Merge

First Citizens BancShares, the parent company of First-Citizens Bank & Trust Company, and CIT Group, the parent company of CIT Bank, will combine in an all-stock merger of equals to create the 19th largest bank in the United States based on assets. read more

OCT 19, 2020 - 6:57 am

First-Citizens Bank Assumes Deposits of Guaranty Bank in Milwaukee

The FDIC entered into a purchase and assumption agreement with First-Citizens Bank & Trust Company to assume all of the deposits of Guaranty Bank. read more

MAY 8, 2017 - 6:44 am