Company: FCNCB
Filing Date: 2025-09-04
Form Type: 424B5
Source: 0001193125-25-195116
Chunk: 42

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-09-04
Form: 424B5
Chunk 42
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, or for payments made on account of, beneficial interests in Global subordinated notes, or for maintaining, supervising, or reviewing any of DTC’s records or any direct or indirect participant’s records relating to these beneficial ownership interests. Although DTC has agreed to the foregoing procedures in order to facilitate transfer of interests in the Global subordinated notes among participants, DTC is under no obligation to perform or continue to perform these procedures, and these procedures may be discontinued at any time. Neither BancShares nor the Trustee will have any responsibility for the performance by DTC or its direct participants or indirect participants under the rules and procedures governing DTC. Because DTC can act only on behalf of direct participants, who in turn act only on behalf of direct or indirect participants, and certain banks, trust companies, and other persons approved by it, the ability of a beneficial owner of securities to pledge them to persons or entities that do not participate in the DTC system may be limited due to the unavailability of physical certificates for the securities. DTC has advised us that it will take any action permitted to be taken by a registered holder of any securities under the Subordinated Indenture only at the direction of one or more participants to whose accounts with DTC the relevant securities are credited. S-25

The information in this subsection concerning DTC and its book-entry system has been
obtained from sources that we believe to be accurate, but we assume no responsibility for the accuracy thereof.

Trustee

U.S. Bank Trust Company, National Association will act as Trustee under the Subordinated Indenture.

Notices

Any notices required to be given
to the holders of the Notes will be given to the Trustee. Notwithstanding any other provision of the Subordinated Indenture or any Note, where the Subordinated Indenture or any Note provides for notice of any event or any other communication
(including any notice of redemption or repurchase) to a holder of a Note (whether by mail or otherwise), such notice shall be sufficiently given if given to DTC (or its designee) pursuant to the applicable procedures from DTC or its designee,
including by electronic mail in accordance with accepted practices at DTC.

S-26

MATERIAL UNITED STATES FEDERAL INCOME TAX CONSIDERATIONS

General

The following is a
general summary of certain material U.S. federal income tax consequences of the acquisition, ownership and disposition of the Notes applicable to U.S. and non-U.S. holders (