---
schema_version: "secwatch.filing_event.v1"
accession: "0000798941-21-000049"
form_type: "8-K"
ticker: "FCNCA"
cik: "0000798941"
company_name: "FIRST CITIZENS BANCSHARES INC /DE/"
filed_at: "2021-12-20T23:59:59+00:00"
generated_at: "2026-06-27T23:54:57.763005+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# First Citizens receives final Fed approval for CIT merger; close expected early Jan 2022

## Summary
- Received final regulatory approval from the Federal Reserve Board for merger with CIT Group.
- Merger previously approved by FDIC and NC Commissioner of Banks; closing subject to 15-day waiting period.
- Combined company to be a top 20 U.S. bank by assets, operating under First Citizens name.
- Merger expected to close as soon as practicable in early January 2022.

## SEC filing metadata
- accession: 0000798941-21-000049
- form_type: 8-K
- ticker: FCNCA
- cik: 0000798941
- company_name: FIRST CITIZENS BANCSHARES INC /DE/
- filed_at: 2021-12-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/798941/000079894121000049/0000798941-21-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/798941/000079894121000049/fcnca-20211220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000798941-21-000049
- JSON: https://secwatch.observer/filing/0000798941-21-000049.json
- Plain text: https://secwatch.observer/filing/0000798941-21-000049.txt

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