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First Citizens Bank Commits $2 Million to Support Relief Efforts for Southern California Wildfires
FCNCAFirst Citizens BancShares(FCNCA) Prnewswire·2025-01-23 21:30

Company Commitment - First Citizens Bank has committed 2millionindonationsandfinancialsupporttoaidincriticalhumanitarianandsmallbusinessreliefeffortsforthoseimpactedbytheSouthernCaliforniawildfires[1]−Thecommitmentaimstobolsterresourcemobilizationtoimpactedareasthroughvariousorganizationsandsupportthelonger−termrevitalizationandstabilizationoftheregion[2]−AportionofthefundswilldirectlybenefittheimmediateandongoingneedsofFirstCitizensassociatesimpactedbythewildfires[2]CompanyOperationsandImpact−SouthernCaliforniaishometomorethan1,000FirstCitizensBankassociatesand30branchesandofficesservingclientsintheregion[3]−Thewildfireshavehadadevastatingimpactoncustomers,colleagues,andcommunitymembers,promptingthebanktoassurecontinuedsupport[3]−Bankassociatesareworkingwithcustomerstounderstandtheirneedsanddevelopflexiblesolutionstosupportrecovery[3]CompanyOverview−FirstCitizensBankservespersonal,business,commercial,andwealthclients,offeringgeneralbankingservices,commercialbankingexpertise,innovationbanking,andanationwidedirectbank[5]−Thebankoperatesanetworkofmorethan500branchesandofficesacross30states[5]−ParentcompanyFirstCitizensBancShares,Incisatop20USfinancialinstitutionwithover2 million in donations and financial support to aid in critical humanitarian and small business relief efforts for those impacted by the Southern California wildfires [1] - The commitment aims to bolster resource mobilization to impacted areas through various organizations and support the longer-term revitalization and stabilization of the region [2] - A portion of the funds will directly benefit the immediate and ongoing needs of First Citizens associates impacted by the wildfires [2] Company Operations and Impact - Southern California is home to more than 1,000 First Citizens Bank associates and 30 branches and offices serving clients in the region [3] - The wildfires have had a devastating impact on customers, colleagues, and community members, prompting the bank to assure continued support [3] - Bank associates are working with customers to understand their needs and develop flexible solutions to support recovery [3] Company Overview - First Citizens Bank serves personal, business, commercial, and wealth clients, offering general banking services, commercial banking expertise, innovation banking, and a nationwide direct bank [5] - The bank operates a network of more than 500 branches and offices across 30 states [5] - Parent company First Citizens BancShares, Inc is a top 20 US financial institution with over 200 billion in assets and a member of the Fortune 500 [5]