CIT Group Inc Preferred Series C

First Citizens BancShares, Inc. is the holding company for First-Citizens Bank & Trust Company, providing retail and commercial banking services to individuals, businesses, and professionals in the United States and internationally. It operates through the General Bank, Commercial Bank, and Rail segments. The General Bank segment offers deposit products, residential mortgage and commercial loans, brokerage and advisory services, financial and trust planning, and payment and treasury services, and also includes a community association bank business. The Commercial Bank segment provides leasing, capital markets, asset management, factoring, supply chain financing, and commercial deposit services, while the Rail segment offers customized leasing and financing solutions for railcars and locomotives. Founded in 1898, the company is headquartered in Raleigh, North Carolina.