Company: FCNCB
Filing Date: 2025-09-04
Form Type: 424B5
Source: 0001193125-25-195116
Chunk: 24

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-09-04
Form: 424B5
Chunk 24
---
5:00 p.m. (Eastern Time) as of any date of determination, as determined by the calculation agent in its sole
discretion. If no calculation is provided as described above, then the calculation agent will notify us and we (or our designee), after consulting such sources as we (or our designee) deem comparable to the foregoing calculations, or any such source
as we (or our designee) deem reasonable from which to estimate the five-year treasury rate, shall determine the Five-year U.S. Treasury Rate in our sole discretion, provided that if we (or our designee) determine there is an industry-accepted
successor Five-year U.S. Treasury Rate, then we (or our designee) shall use such successor rate. If we (or our designee), in our sole discretion, determine that there is no reasonable comparable source, then the Five-year U.S. Treasury Rate on the
Reset Determination Date will be 3.750%, which is the initial fixed interest rate minus 1.850% per annum. The Five-year U.S. Treasury Rate will be determined by the calculation agent on the Reset Determination Date. The calculation agent will notify
us within one Business Day of the interest rate from and after the Reset Date. We will promptly provide the calculation agent’s determination (or our determination as described above) of the Five-Year U.S. Treasury Rate to the Trustee. Absent
manifest error, the calculation agent’s determination of the Five-Year U.S. Treasury Rate will be binding and conclusive on you and the Trustee. The calculation agent’s determination of any interest rate will be on file at our principal
offices and will be made available to any holder upon request.

“H.15” means the daily statistical release designated as such,
or any successor publication, published by the Federal Reserve.

Interest accruing on the Notes shall be calculated on the basis of a 360-day year consisting of twelve 30-day months. Dollar amounts resulting from that calculation will be rounded to the nearest cent, with
one-half cent being rounded upward.

If any Interest Payment Date falls on a date that is not a
Business Day, payment of principal and interest will be postponed to the next day that is a Business Day, but interest on that payment will not accrue during the period from and after the interest payment date.

The regular record dates for the Notes will be the fifteenth calendar day preceding each Interest Payment Date, whether or not a Business Day.

Ranking;