---
schema_version: "secwatch.filing_event.v1"
accession: "0000798941-21-000039"
form_type: "8-K"
ticker: "FCNCA"
cik: "0000798941"
company_name: "FIRST CITIZENS BANCSHARES INC /DE/"
filed_at: "2021-09-30T23:59:59+00:00"
generated_at: "2026-06-29T00:31:51.324452+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# First Citizens and CIT extend merger deadline to March 2022; FRB approval still pending

## Summary
- Merger agreement extended from Oct 15, 2021 to March 1, 2022, to allow more time for Federal Reserve Board approval.
- FRB approval is the only remaining regulatory requirement; NC Commissioner and FDIC approvals already obtained.
- FRB staff has no further questions; application is at the Governor level, but no decision timeframe given.
- Combined bank would be top 20 U.S. bank by assets, operating under the First Citizens name.

## SEC filing metadata
- accession: 0000798941-21-000039
- form_type: 8-K
- ticker: FCNCA
- cik: 0000798941
- company_name: FIRST CITIZENS BANCSHARES INC /DE/
- filed_at: 2021-09-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/798941/000079894121000039/0000798941-21-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/798941/000079894121000039/fcnca-20210930.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000798941-21-000039
- JSON: https://secwatch.observer/filing/0000798941-21-000039.json
- Plain text: https://secwatch.observer/filing/0000798941-21-000039.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.