First Citizens Bank

This end-of-year financial checklist outlines 10 smart planning steps to reduce your tax liability and improve your personal finances in 2026. Learn more: https://bit.ly/3JYoeL9

Great connections, conversations and a fun evening in Los Angeles! Our CIT Commercial Services Reception at The Mixing Room was both a celebration of our clients and an opportunity to recognize the industry partnerships that drive our success.

First Citizens Bank provides a $100 million upsize for SG Credit Partners ABL business. Read more: https://bit.ly/43uHq9Z

Building a better future starts with investing in people. At First Citizens Bank, we’re proud to make a lasting impact — for our clients, our team, and the interns who are shaping what’s next. Apply Here: https://bit.ly/3WVXmOU

Thank you for a great evening in Boston at our reception during #AFP2025. It was wonderful to connect and collaborate with our customers, vendors and colleagues. At First Citizens we’re here to support your continued growth and success at every stage of your business journey. Learn more about our Treasury Management Services: https://bit.ly/3WUmN3i

First Citizens Bank named 25-year industry veteran Ian Wong Managing Director in its Sponsor Finance group to support financial sponsors and family offices across the West Coast. Based in Los Angeles, Wong will work with middle-market sponsors and family offices providing cash-flow and asset-based lending solutions while also delivering the bank’s full suite of commercial banking products and services, including treasury management and interest rate derivatives, among others, to their portfolio companies. “Ian has significant experience in structuring and executing middle-market private equity financings, and his expertise will be a tremendous asset as we provide a greater range of services to our sponsor clients,” says Jim Hudak, president of First Citizens Commercial Finance. “Ian is a great addition to our growing Sponsor Finance platform as we expand our presence on the West Coast.” Wong most recently served as a director in ING Capital’s Leveraged Finance platform. Throughout his career, he has held leadership roles at Wells Fargo, Emporia Capital and Union Bank of California. Wong holds a Bachelor of Arts degree from University of California, San Diego.

Will we see you at the InterFace Healthcare Real Estate Southeast Conference event on November 13? Steven Reedy, Head of Medical Office Banking, will share his market insights during the event. If you’re attending, hear him speak during the A2 Capital Markets Update panel on what kinds of deals are in demand. https://bit.ly/47Qn2kS #IFHealthcareRESoutheast

First Citizens Wealth has announced the appointment of Lee Erby as Northern California Market Leader, based in San Francisco. With over 20 years of private banking and wealth management experience, Lee will lead a team of wealth consultants serving the needs of high-net-worth individuals and families as well as the entrepreneurs, founders, investors behind the innovation economy. Art Saldivar, Senior Director of Regional Wealth: “As a lifelong Bay Area resident, Lee has deep local ties, and shares our strong commitment to this community. We are thrilled to pair his extensive leadership experience in wealth management with our deep expertise working with the individuals behind the innovation economy via the larger Silicon Valley Bank ecosystem.” Read more: https://bit.ly/4rdCsZx

This Veterans Day, we honor those who served our country. First Citizens Bank is committed to strengthening the communities we serve by supporting military personnel and their families. As part of our partnership with Operation Gratitude, more than 200 associates from 15 offices across the country volunteered time crafting over 1,650 paracord survival lanyards to be included in care packages for active U.S. service members and first responders.

US equity markets have been slightly choppier, but the S&P 500 index still hasn't sold off by more than 3% from all-time highs since June. Strong earnings and economic growth leave us cautiously optimistic, but we acknowledge valuations are elevated, and a lot of good news is already accounted for in today's prices. Household spending remains intact, but pockets of softness are showing up among certain cohorts. The lack of recent official data on employment and inflation means it's hard to form a narrative of today's economy, and this could complicate the outlook for potential interest rate cuts. https://bit.ly/47ChdZC