First-Citizens Bank & Trust Company is headquartered in Raleigh, North Carolina. It is a state-chartered bank that is not a member of the Federal Reserve System, established 01/01/1898 and insured by the FDIC since 01/01/1934. At the 06/30/2026 reporting date it held $236 billion in assets and $174 billion in deposits across 655 offices.
Size
By total assets it ranks #19 of 4,213 active FDIC-insured banks in the United States. Among the 38 FDIC-insured banks headquartered in North Carolina it ranks #3.
Capital and earnings
| Equity capital | $23.1 billion (9.8% of assets) |
|---|---|
| Net income, year to date | $1.2 billion through 06/30/2026 |
| Return on assets (annualized) | 1.03% |
Equity capital is what the bank owns after subtracting its liabilities; a higher share of assets means a thicker cushion against losses. These are the bank’s own regulatory filings, not a rating or a recommendation.
Is it FDIC insured?
Yes. First-Citizens Bank & Trust Company holds FDIC certificate number 11063. Deposits are insured up to $250,000 per depositor, per insured bank, per ownership category. You can confirm this on the bank’s FDIC BankFind page.
Other large banks in North Carolina
- Bank of America, National Association, $2.65 trillion in assets
- Truist Bank, $548 billion in assets
- Live Oak Banking Company, $16.0 billion in assets
- First Bank, $13.0 billion in assets
- Southern Bank and Trust Company, $5.3 billion in assets
- The Fidelity Bank, $4.7 billion in assets
Banks of a similar size
- Charles Schwab Bank, SSB, #17, $251 billion in assets
- Morgan Stanley Private Bank, National Association, #18, $250 billion in assets
- Citizens Bank, National Association, #20, $233 billion in assets
- Manufacturers and Traders Trust Company, #21, $219 billion in assets
Related
- Credit unions in North Carolina
- Top mortgage lenders in North Carolina
- North Carolina property tax, home prices and banks
- All large US banks
- Compared savings accounts
This page reports regulatory data only. It does not show the bank’s rates or products, which change often and are listed on the bank’s own site. firstcitizens.com