First Citizens Bank Announces New Leadership in Equipment Finance Group

Core Insights - First Citizens Bank has appointed Rod Versteegh as the new Equipment Finance Executive, bringing over 30 years of experience in the finance industry [1][2] - Versteegh will succeed Mike Jones, who is retiring after 30 years, and will continue in an advisory role until early 2026 to ensure a smooth transition [3] - James Ferguson, another executive from DLL, has also joined First Citizens Equipment Finance as Managing Director of Sales [4] Company Overview - First Citizens Bank's Equipment Finance group provides financing solutions to original equipment manufacturers, vendors, and small to mid-size businesses through a unique sales coverage model and technology-enabled platforms [5] - The bank is headquartered in Raleigh, N.C., and is a top 20 U.S. financial institution with over $200 billion in assets [6]