First Citizens Bank reaches deal to purchase Silicon Valley Bank
The Statesman|March 28, 2023
The US Federal Deposit Insurance Corporation (FDIC) has announced that First Citizens Bank and Trust Company of Raleigh, North Carolina entered a purchase agreement for all deposits and loans of Silicon Valley Bridge Bank, National Association.
First Citizens Bank reaches deal to purchase Silicon Valley Bank

"The 17 former branches of Silicon Valley Bridge Bank, National Association, will open as First Citizens Bank & Trust Company on Monday, March 27, 2023," Fox Business quoted the FDIC as saying in a statement.

This story is from the March 28, 2023 edition of The Statesman.

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This story is from the March 28, 2023 edition of The Statesman.

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