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News Stories (19 Results) - First Citizens Bank

First Citizens Bank announced that its CIT Bank division has completed its conversion of its branches to First Citizens’ operations and systems. This conversion integrates CIT Bank branch customer accounts into First Citizens products and... Read Story
November 15, 2022, 07:10 AM


First Citizens Bank announced that its Middle Market Banking business provided $19 million in financing to Truckee-Tahoe Lumber Company to provide support for their expanding business operations. Headquartered in Reno, Nevada, Truckee-Tahoe Lumber... Read Story
October 14, 2022, 07:49 AM


First Citizens Bank announced that James Ligman has joined as a managing director in its Middle Market Banking business to lead expansion efforts in the Orange County and Inland Empire regions.In this role, Ligman will be responsible for developing... Read Story
October 14, 2022, 07:45 AM


First Citizens Bank announced the expansion of its Middle Market Banking unit to support the financial needs and goals of midsize businesses across Southern California and the Southwest region. The expansion follows the official launch of First... Read Story
October 12, 2022, 08:02 AM


First Citizens Bank announced the official launch of its Middle Market Banking unit to support the financial needs and goals of midsize businesses across the Southeastern U.S. Headquartered in Charlotte, First Citizens Middle Market Banking is now... Read Story
September 06, 2022, 08:10 AM


First Citizens Bank announced that its Middle Market Banking business provided a $60 million loan to Bahakel Communications to refinance existing debt and help finance future growth opportunities. Bahakel Communications is a family owned-and-operated... Read Story
May 11, 2022, 07:40 AM


First Citizens Bank announced that its Middle Market Banking business provided up to $50 million as a senior secured line of credit to an affiliate of Morningstar Properties, a leading investor in and operator of self-storage facilities. The line of... Read Story
May 05, 2022, 07:35 AM


First Citizens Bank hired experienced banker Linda Stanley as a relationship manager in its Middle Market Banking business.In this role, Stanley will be responsible for developing, maintaining and expanding client and prospect relationships in the... Read Story
April 20, 2022, 07:55 AM


CIT, a division of First Citizens Bank, announced that CIT Northbridge Credit, as advised by CIT Asset Management, served as sole lead arranger on a $20 million senior lending facility for Davey Coach Holdings, a portfolio company of Progress Equity... Read Story
February 15, 2022, 08:05 AM


CIT, a division of First Citizens Bank, announced that its Real Estate Finance business provided financing for the acquisition of the Morada Plano Apartments in Plano, Texas.Built in 2019 and 2020, the Morada Plano Apartments is a 183-unit... Read Story
February 11, 2022, 07:00 AM


CIT, a division of First Citizens Bank, announced that its Asset-Based Lending business served as sole lender on a $35 million senior secured credit facility for D.P. Nicoli Inc.D.P. Nicoli is a leading provider of trench shoring rental equipment to... Read Story
February 03, 2022, 07:38 AM


CIT, a division of First Citizens Bank, announced that its Asset-Based Lending business arranged a senior secured credit facility for FPA WhiteHawk III-Plus Master Fund L.P. to facilitate the Fund's investments. The FPA WhiteHawk Fund seeks to earn... Read Story
January 26, 2022, 07:53 AM


CIT, a division of First Citizens Bank, announced its Aerospace, Defense and Government business provided financing for seven leased helicopters managed by Thora Capital.The helicopters, used for emergency medical transport services, are on long-term... Read Story
January 13, 2022, 07:15 AM


First Citizens BancShares, parent company of First-Citizens Bank & Trust Company announced completion of its previously announced merger with CIT Group. North Carolina-headquartered First Citizens is now a top 20 U.S. financial institution (based on... Read Story
January 04, 2022, 08:00 AM


First Citizens BancShares, the parent company of First-Citizens Bank & Trust Company, and CIT Group the parent company of CIT Bank, jointly announced that their previous proposal to merge the two companies has received approval from the Board of... Read Story
December 20, 2021, 07:47 AM


First Citizens BancShares, the parent company of First-Citizens Bank & Trust Company, and CIT Group, the parent company of CIT Bank, jointly announced that the two companies have agreed to extend the merger agreement from October 15, 2021, to March 1... Read Story
October 01, 2021, 08:00 AM


First Citizens BancShares Inc., the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc., the parent company of CIT Bank, N.A., jointly announced the proposal to merge the two companies has received regulatory approval from the... Read Story
July 15, 2021, 08:01 AM


First Citizens BancShares, Inc., the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc., the parent company of CIT Bank, N.A., jointly announced they have entered into a definitive agreement under which the companies will... Read Story
October 16, 2020, 08:33 AM


United Capital Funding Corp.announced the hiring of Tom Musante as a senior business development officer. Musante will lead and manage United Capital Funding’s Charlotte Regional office. Tom has 30 years of experience in the factoring and... Read Story
October 22, 2013, 07:14 AM