FDIC Leadership Raleigh 
Jeff For Banks
DECEMBER 10, 2023
Although one might argue that First Citizens BancShares of Raleigh is a SIFI as it climbed to the 19th largest in the country with its Silicon Valley Bridge Bank acquisition from the FDIC, and that the FDIC designated SVB as systemically important. OTCPK: MFBP) M&F Bancorp, Inc. NasdaqGS: FCNC.A) In 1935, R.P.
Jeff For Banks
DECEMBER 10, 2024
Although one might argue that First Citizens BancShares of Raleigh is a SIFI as it had $220 billion of total assets, roughly the size of Silicon Valley Bank when it failed. The FDIC designated SVB as systemically important. As a reference, the best SIFI bank in five-year total return this year was JPMorgan Chase at 46th overall.
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