Photo Release -- Wilson Joins First Citizens as Manager of Wealth Management

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| Source: First Citizens BancShares, Inc.
photo-release

Michael Wilson has joined First Citizens Bank in Raleigh, N.C., as manager of wealth management. He is responsible for overall leadership, strategic planning and management of the company's wealth division, which includes First Citizens Investor Services, the Private Wealth Group, Trust and Investment Management.

RALEIGH, N.C., Dec. 2, 2013 (GLOBE NEWSWIRE) -- Michael Wilson has joined First Citizens Bank in Raleigh as manager of wealth management.

A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=22481

Wilson is responsible for overall leadership, strategic planning and management of the company's wealth division, which includes First Citizens Investor Services, the Private Wealth Group, Trust and Investment Management.

"Michael brings to First Citizens a strong track record, extensive experience and comprehensive knowledge amassed over more than 23 years in the wealth management industry," said Hope Holding Connell, vice chairman of First Citizens Bank. "He is uniquely qualified to lead our talented wealth management team as we grow this important line of business for our company."

Wilson is a seasoned wealth industry executive, having been a trust officer, a financial advisor, a portfolio manager, a national sales manager and a chief operating officer (COO). Prior to joining First Citizens, Wilson served as COO of wealth management at Comerica Bank headquartered in Dallas. He was responsible for strategic planning, technology, marketing, sales, compensation and product development for the division.

Prior to this, he was Comerica's director of national sales and marketing for wealth management. Before his tenure with Comerica, Wilson served in the wealth areas at Wells Fargo, First Union National Bank, Bank Boston and Bank of New England.

Wilson has a bachelor's degree in accounting from Assumption College in Worcester, Mass. He holds series 7, 9, 10 and 66 securities licenses. He received a certificate of trust administration from the New England School of Banking at Williams College.

Founded in 1898 and headquartered in Raleigh, N.C., First Citizens Bank operates branches in 17 states and the District of Columbia. Among recent honors, First Citizens was named best midsize regional bank by MONEY® Best Banks 2012* and has received the five-star superior ranking from independent rating firm BauerFinancial Inc. First Citizens Bank is a major subsidiary of First Citizens BancShares Inc. (Nasdaq:FCNCA), which has $21 billion in assets and which was ranked in the top 20 by Forbes 2013 Best Banks. For more information, call toll free 1-888-FC DIRECT (1-888-323-4732) or visit firstcitizens.com. First Citizens Bank. Forever Firstsm.

*From MONEY Magazine, October 2012 © 2012 Time Inc. MONEY is a registered trademark of Time Inc. and is used under license. MONEY and Time Inc are not affiliated with, and do not endorse products or services of, Licensee.

Barbara Thompson
First Citizens Bank
919.716.2716