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First Citizens Middle Market Banking Expands in Midwest and South Central U.S.

March 15, 2023, 07:50 AM
Filed Under: Banking News

First Citizens Bank announced that its Middle Market Banking group is expanding yet again – this time to better support the financial needs and goals of midsize businesses in the Midwest and South Central U.S.
First Citizens Middle Market Banking has been steadily growing since its official launch in September 2022 and the introduction of the business in the Southwestern U.S. in October 2022.

With this latest expansion, the team is now comprised of over 30 high-performing relationship managers and associates who serve clients in a variety of industries across the country.

First Citizens Middle Market Banking has extensive experience providing financial guidance to companies ranging in revenues from $75 million to $750 million. The group serves a variety of industries and provides offerings that include senior secured loans, cash-flow loans, capital markets services, foreign exchange capabilities, asset-based lending and treasury and payment services.  

"We're proud to continue to grow First Citizens Middle Market Banking to provide future-focused financial solutions to public and family-owned companies across the country," said Brendan Chambers, managing director and group head of First Citizens Middle Market Banking.

"Our experienced team is dedicated to developing long-lasting relationships with our clients to help them advance their strategy and reach their goals," added Chambers. "We're excited to build our team in the Midwest and South Central U.S. so we can support even more clients with the tactical guidance and financing they need to succeed in today's economy."

Founded is 1898, First Citizens Bank is celebrating its 125th anniversary and its successful history of supporting businesses and consumers alike. The bank took one of its largest steps forward in 2022 when it merged with CIT, a leading national bank with strong expertise in serving middle market clients. 

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