First Citizens Bank in downtown Raleigh

Don’t confuse FCB with Fidelity Bank.

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I am probably wrong but I think that FCB owns Fidelity Bank :bank:

That is Correct……………

That is not correct. There is some common ownership, but the companies are not related.

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the Holding family owns Fidelity. The Holding Family owns the majority of First Citizens. They are the same people. Fidelity is a wholly owned subsidiary of either FCB OR another incorporated entity affiliated with the Holdings/FCB.

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I have worked there 20 years and used to manage the servicing relationship between these entities (when there was one). I assure you I know what I’m talking about. Yes, the Holding family owns a lot of Fidelity, Southern, etc., and they (currently) own controlling interest of FCB but FCB does not own Fidelity Bank.

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Here’s a better one from street view.

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I actually liked it much better before, lol. It went from ugly-cute but distinctive to just completely generic, and it’s lost much of the intent and – dare I say it – elegance of the original design. Could’ve been a lot more thoughtful about the way they went about replacing/adding glass.

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That be real big loss if we lost First Citizens Bank. The Raleigh chamber commerce better approach them in some incentive and give them land for a downtown tower.

Not sure if this had been posted before, but Discover Downtown Tours is doing a tour of this building Nov. 10th:

https://downtownraleigh.org/dra-programs/discover-downtown-tours

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Looks like First Citizens finally got the approval it needed to close the CIT deal a d become the 19th largest US bank.

https://www.globenewswire.com/news-release/2021/12/18/2354758/0/en/First-Citizens-CIT-Announce-Receipt-of-Regulatory-Approvals-for-Merger.html

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Oh how I wish that the new HQ for this combined bank would somehow find its way to DTR :+1::pray::crossed_fingers::wink::blush:

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The plans are in the back room behind the fax machine and mainframe.

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FCB is the one company that could have the biggest impact in DTR IMO and were is there HQ’s?
A 100+ Billion dollar company and what do we get:



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I know, I know, the jobs, the jobs…but DTR needs a signature skyscraper! :office: :eggplant:

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Raleigh getting the most quiet and publicly un-showy major regional bank is incredibly on brand. Not a city that likes to show off, which is nice in many ways but frustrating architecturally.

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Embrace it. Esse quam videri

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Living the state motto!

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In defense of my mother’s employer, they have not been a 100+ Billion dollar bank until recently after acquiring a larger bank. These buildings are all decades old now, plus the bank recently acquired has multiple branches elsewhere. Along with the impact of the pandemic, many people in the higher positions that were in the office at FCB and the other bank have left. My mom and other mid-level or higher level workers are the only ones who really go into the corporate office (second building shown), the other offices are just about empty. Nearly all of my mom’s new hires are out of state.

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There is also this building on Rowan Street that in the three years of taking my kids to CArroll every day, I have never seen any cars in the parking lot. I assume it is empty, but pretty sure it is also owned by FCB.

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Ha, I do believe I worked in this building in college for IBM.