NASDAQ, FCNCA - First Citizens Bancs
First Citizens BancShares, Inc. (BancShares) was incorporated under the laws of
Delaware on August 7, 1986, to become the holding company of First-Citizens Bank
& Trust Company (First Citizens Bank or FCB), its banking subsidiary. FCB opened
in 1898 as the Bank of Smithfield, Smithfield, North Carolina, and through a
series of mergers and name changes, it later became First-Citizens Bank & Trust
Company. As of December 31, 2007, FCB operated 340 offices in North Carolina,
Virginia, West Virginia, Maryland and Tennessee.
On April 28, 1997, BancShares launched Atlantic States Bank (ASB), a federally
chartered thrift institution. During 2004, ASB changed its name to IronStone
Bank (ISB). ISB branches were initially concentrated within the metropolitan
Atlanta, Georgia market. In 1999, ISB expanded its presence into Florida,
focusing initially on selected markets in southwest Florida. ...
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