First-Citizens Bank & Trust Company

Headquarters

239 Fayetteville Street
Raleigh, NC 27601
See all branch locations →

Phone 888 323 4732

Notable Rates APY Vs.Others
Savings 0.01% 1.40% →
1-Year CD 0.20% 1.15% →
2-Year CD 0.05% 1.26% →
5-Year CD 0.15% 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

First-Citizens Bank & Trust Company is an FDIC insured institution located in Raleigh, NC. It was founded in 1898 and has approximately $39.79 billion in assets. Customers can open an account at one of its 616 branches.

FDIC Insured Yes
FDIC Certificate # 11063
Date Established 1898
Assets $ 39.79 billion
Loans $ 28.79 billion
Deposits $ 34.46 billion
Capital $ 3.76 billion
 

For a more detailed analysis of First-Citizens Bank & Trust Company's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - July 6, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.01% $1 - Learn More
Money Market
0.01% $1,000 $9,999 Learn More
Money Market
0.01% $10,000 $24,999 Learn More
Money Market
0.01% $25,000 $49,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.01% $10,000 $49,999 Learn More
3 Mo CD
0.01% $50,000 - Learn More
6 Mo CD
0.01% $10,000 $49,999 Learn More
6 Mo CD
0.10% $50,000 - Learn More
12 Mo CD
0.01% $10,000 $49,999 Learn More
12 Mo CD
0.20% $50,000 - Learn More
18 Mo CD
0.02% $10,000 $49,999 Learn More
18 Mo CD
0.02% $50,000 - Learn More
24 Mo CD
0.05% $10,000 $49,999 Learn More
24 Mo CD
0.05% $50,000 - Learn More
30 Mo CD
0.05% $50,000 - Learn More
36 Mo CD
0.05% $10,000 $49,999 Learn More
36 Mo CD
0.05% $50,000 - Learn More
48 Mo CD
0.15% $10,000 $49,999 Learn More
48 Mo CD
0.15% $50,000 - Learn More
60 Mo CD
0.15% $10,000 $49,999 Learn More
60 Mo CD
0.15% $50,000 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.01% $500 $9,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.01% $1 - Learn MoreShow Less
Checking Rates APY MIN FEE
Free Checking 0.00% $0 $0.00 Learn MoreShow Less
Premier Checking 0.05% $5,000 $18.00 Learn MoreShow Less
Select Checking 0.00% $1,500 $12.00 Learn MoreShow Less

Loan Rates - July 6, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for First-Citizens Bank & Trust Company

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.039% 3.000% 0.50 $1,250 $1,055 Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

Note to First-Citizens Bank & Trust Company
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

First-Citizens Bank & Trust Company branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


First-Citizens Bank & Trust Company Locations


Financial Details

First-Citizens Bank & Trust Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First-Citizens Bank & Trust Company. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
First-Citizens Bank & Trust Company U.S. Bank Average
4.91% 6.51%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of December 31, 2019, First-Citizens Bank & Trust Company had $149,237,000 in non-current loans and $46,591,000 in owned real estate. To cover these potential losses it had $3,763,947,000 in equity and $225,141,000 in loans loss reserves. That gives it a Texas Ratio of 4.91%.

Return on Equity
First-Citizens Bank & Trust Company U.S. Bank Average
12.81% 9.41%

First-Citizens Bank & Trust Company has a Return on Equity of 12.81% versus the BestCashCow average of 9.41%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
First-Citizens Bank & Trust Company U.S. Bank Average
9.46% 12.82%

First-Citizens Bank & Trust Company has a Capitalization of 9.46% versus the BestCashCow average of 12.82. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

First-Citizens Bank & Trust Company Balance Sheet Analysis

As of December 31, 2019, First-Citizens Bank & Trust Company had assets of $39,787,666,000, loans of $28,791,204,000, and deposits of $34,456,402,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

December 31, 2019
ASSETS
Cash & Balances due from depository institutions $ 1,519.55 million
Interest-bearing balances $ 1,136.29 million
Total securities $ 7.06 billion
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 28.79 billion
Loan loss allowance $ 225.14 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 46.59 million
Goodwill and other intangibles $ 376.44 million
All other assets $ 833.18 million
     Total Assets $ 36.02 billion
LIABILITIES
Total deposits $ 34.46 billion
      Interest-bearing deposits $ 21.50 billion
      Deposits held in domestic offices $ 34.46 billion
      % insured (estimated) 64.31%
Federal funds purchased and repurchase agreements $ 442.96 million
Trading liabilities N.A.
Other borrowed funds $ 583.80 million
Subordinated debt $ 57.74 million
All other liabilities $ 482.83 million
      Total Liabilities $ 36.02 billion
      Shareholders’ Equity $ 3.76 billion

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 1,403.67 million
Total Interest Expense $ 86.46 million
Net interest income $ 1,317.21 million
Provision for loan and lease losses $ 31.44 million
Total non interest income $ 540.62 million
Total non interest expense $ 1,246.98 million
Pre-tax Net Operating Income $ 579.41 million

Bank Loan Profile?

The top three loan types in First-Citizens Bank & Trust Company’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Small Business Loans.

Compared to other banks in North Carolina, First-Citizens Bank & Trust Company has a significantly higher percent of Consumer Auto Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 27.68
Multifamily
Mortgages
1.21
Credit Card Loans 1.15
Consumer Auto Loans 4.12
Small Business Loans 14.87
Construction and Development Loans 4.83
Commercial Real Estate 43.50
Commercial and Industrial Loans 12.25
Farm Loans 0.73

Frequently Asked Questions About First-citizens Bank & Trust Company

Branches and Savings

Is First-citizens Bank & Trust Company FDIC insured?

Yes. It is covered under FDIC Certificate #11063.

Why does First-citizens Bank & Trust Company pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are First-citizens Bank & Trust Company CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is First-citizens Bank & Trust Company a commercial bank?

Yes

Where are First-citizens Bank & Trust Company locations?

See branch locations nearby.

Is First-citizens Bank & Trust Company open on Saturdays?

Is First-citizens Bank & Trust Company open on Sundays?

What time does First-citizens Bank & Trust Company open?

What time does First-citizens Bank & Trust Company close?

Are First-citizens Bank & Trust Company ATMs Open 24/7?

Do First-citizens Bank & Trust Company ATMs accept cash deposits?

Can First-citizens Bank & Trust Company customers use other ATMs?

Do First-citizens Bank & Trust Company branches have notaries?

Will First-citizens Bank & Trust Company notarize my document?

What address for First-citizens Bank & Trust Company should I put for incoming ACH transfers?

Will the First-citizens Bank & Trust Company branch print checks?

Do First-citizens Bank & Trust Company checks expire?

Does First-citizens Bank & Trust Company require US citizenship to open account?

Can First-citizens Bank & Trust Company close my account?

Does First-citizens Bank & Trust Company Report to credit bureaus?

Does First-citizens Bank & Trust Company Use Equifax?

What is First-citizens Bank & Trust Company's ACH Routing Number?

What is First-citizens Bank & Trust Company's SWIFT code?

Products

Does First-citizens Bank & Trust Company offer mortgages?

Compare mortgage rates here.

Does First-citizens Bank & Trust Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First-citizens Bank & Trust Company offer personal loans?

Compare personal loan rates here.

Does First-citizens Bank & Trust Company offer student loans?

Will First-citizens Bank & Trust Company cash a check?

Will First-citizens Bank & Trust Company redeem a savings bond?

Does First-citizens Bank & Trust Company cash savings bonds?

Will First-citizens Bank & Trust Company cash money orders?

Can First-citizens Bank & Trust Company issue a money order?

Does First-citizens Bank & Trust Company do currency exchange?

Background on The Bank

Who owns First-citizens Bank & Trust Company?

How long has First-citizens Bank & Trust Company been around?

Can First-citizens Bank & Trust Company transfer to other banks?

Does First-citizens Bank & Trust Company have quick pay?

Does First-citizens Bank & Trust Company accept rolled coins?

Will First-citizens Bank & Trust Company accept loose change?

Where is First-citizens Bank & Trust Company headquarters?

Customer Reviews for First-Citizens Bank & Trust Company


  • January 29, 2019 |

    Waste of time trying to establish a IRA CD in the Plano office. It is a commercial banking location with no one there who knows the process.

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