First Citizens Bank Announces Boston Market Expansion, Real Estate Purchase

RALEIGH, N.C., Oct. 27, 2025 /PRNewswire/ -- First-Citizens Bank & Trust Company ("First Citizens Bank"), the wholly owned banking subsidiary of First Citizens BancShares, Inc. ("BancShares") (Nasdaq: FCNCA), today announced plans to develop a new Boston area location for its consumer, Wealth and business banking clients with the purchase of a new property. Located at 26 Washington Street in Wellesley, Mass., First Citizens will redevelop the site into a new office and branch space that will increase the company's Boston-area footprint. The new build is expected to be completed in 2028.

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