Federal Reserve Board Announces Approval of Application by First Citizens BancShares, Inc.

January 19, 2017

Washington, DC - - (January 11, 2017) - - The Federal Reserve Board on Wednesday announced its approval of the application under section 3 of the Bank Holding Company Act by First Citizens BancShares, Inc., Raleigh, North Carolina, to increase its ownership interest from 4.9 percent to 9.0 percent of the voting shares of Carter Bank & Trust, Martinsville, Virginia.

Information source: Board of Governors of the Federal Reserve Board