RALEIGH,
N.C., Jan. 23, 2025 /PRNewswire/ -- First
Citizens Bank announced today that it has committed $2 million in donations and financial support to
aid in critical humanitarian and small business relief efforts for
those impacted by the Southern
California wildfires.
This commitment is intended to bolster the mobilization of
resources to impacted areas through a variety of organizations and
support the longer-term revitalization and stabilization of the
region. In addition, a portion will directly benefit the immediate
and ongoing needs of First Citizens associates who have been
impacted by the wildfire devastation.
"Southern California is home to
more than 1,000 of our associates, and we have 30 branches and
offices in the region serving clients across our company," said
Frank B. Holding, Jr., chairman and
CEO at First Citizens Bank. "The impact of the wildfires has been
devastating for many of our customers, colleagues and community
members, and we assure them that they have our support now and in
the days, months and years to come."
Bank associates continue to work with customers to understand
their needs and develop flexible solutions to support their
recovery.
For more information on First Citizens' commitment to supporting
communities affected by the wildfires, visit Southern California
Wildfires Relief on firstcitizens.com.
About First Citizens Bank
First Citizens Bank helps
personal, business, commercial and wealth clients build financial
strength that lasts. Headquartered in Raleigh, N.C., First Citizens has built a
unique legacy of strength, stability and long-term thinking that
has spanned generations. First Citizens offers an array of general
banking services including a network of more than 500 branches and
offices in 30 states; commercial banking expertise delivering
best-in-class lending, leasing and other financial services coast
to coast; innovation banking serving businesses at every stage; and
a nationwide direct bank. Parent company First Citizens BancShares,
Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with
more than $200 billion in assets and
a member of the Fortune 500™. Discover more at
firstcitizens.com.
MEDIA RELATIONS:
Name: Angela English
Phone: 803-931-1854
Email: angela.english@firstcitizens.com
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SOURCE First Citizens BancShares, Inc.