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First Citizens eyes loan sales to repay FDIC after SVB deal

Summary by American Banker
The Raleigh, North Carolina-based bank recently made its first payment on a $35 billion note held by the Federal Deposit Insurance Corp. The note was arranged as part of First Citizens' purchase of the failed Silicon Valley Bank.
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American BankerAmerican Banker

First Citizens eyes loan sales to repay FDIC after SVB deal

The Raleigh, North Carolina-based bank recently made its first payment on a $35 billion note held by the Federal Deposit Insurance Corp. The note was arranged as part of First Citizens' purchase of the failed Silicon Valley Bank.

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American Banker broke the news on Friday, January 23, 2026.
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