First Citizens Bank & Trust Company Pension Plan

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First Citizens Bank & Trust Company Pension Plan — overview

About

First Citizens Bank & Trust Company Pension Plan is a noncontributory defined-benefit plan covering eligible former employees of First-Citizens Bancorporation, Inc. and First-Citizens Bank & Trust Company, Inc. The private sector pension fund provides participants with retirement, disability, and death benefits. It is located in Raleigh, North Carolina. First-Citizens Bank & Trust Company is a North Carolina-based financial institution and a subsidiary of First Citizens BancShares, Inc. It provides a variety of financial services such as personal banking, commercial banking, and wealth management. First-Citizens Bancorporation, Inc. and First-Citizens Bank & Trust Company, Inc. were former subsidiaries of First Citizens BancShares, Inc. that merged with the company in 2014 and 2015 respectively.

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