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In 1995, First Citizens acquired Summerville National Bank. In 2002, First Citizens entered Georgia by buying Citizens Bank, and added other Georgia operations with First Bank and Trust and The Bank of Toccoa in 2003. In 2005, First Citizens bought Greenville-based Summit Financial Corporation and People's Community Bank in Aiken. [3]
From news releases ssubmitted from around the Upstate. Published in Marketplace Greenville, Jan. 26, 2024.
First Citizens Bancshares, Inc. is a bank holding company based in Raleigh, North Carolina and one of the largest banks in the United States. Its primary subsidiary is First Citizens Bank, which operates over 500 branches in 23 states. A second subsidiary is Silicon Valley Bank, which operates 39 offices in 15 states.
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The Greenville News started off as a four-page publication in 1874 by A.M. Speights. For a one-year subscription, the cost was eight dollars. After five different owners and many editors, the Peace family under the leadership of Bony Hampton Peace bought the paper in 1919 from Ellison Adger Smyth, around the same time that Greenville was becoming known as "The Textile Center of the South."
It took Mr. Gruenberg's agency roughly two weeks to find a buyer for parts of the bank, and FDIC agreed to sell Raleigh, N.C.-based First Citizens $72 billion in loans at a discount of $16.5 ...
1:55 p.m.: Republican congressional candidate Laurie Buckhout was one of the first speakers to take the stage in Greenville, beginning with a story about the day Trump was shot in Pennsylvania.
The first public stock offering came in 2005. [3] In 2006, Southern National Bank parent Southern Bancorp was acquired for stock valued at $67.8 million and merged into United Community Bank, [4] and two Sylva, North Carolina offices were purchased from First Charter Bank, giving UCB 19 North Carolina locations. [3]