Company: FCNCB
Filing Date: 2025-03-06
Form Type: 424B5
Source: 0001193125-25-047965
Chunk: 65

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-03-06
Form: 424B5
Chunk 65
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 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 Senior Indenture only at the direction of one or more participants to whose accounts with DTC the relevant securities are credited.

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 Senior Indenture.

Notices

Any notices required to be given
to the holders of the senior notes will be given to the Trustee. Notwithstanding any other provision of the Senior Indenture or any senior note, where the Senior Indenture or

S-40

any senior note provides for notice of any event or any other communication (including any notice of redemption or repurchase) to a holder of a senior 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.

Subordinated Notes

General

The subordinated notes will be unsecured and subordinated obligations of BancShares and will be issued as a series of debt securities under the
Subordinated Indenture in an initial aggregate principal amount of $ . The subordinated notes are solely obligations of BancShares and are neither obligations of, nor guaranteed by, First Citizens Bank or any of our other
subsidiaries. The subordinated notes are not savings accounts, deposits or other obligations of First Citizens Bank or any of our other subsidiaries and are not insured or guaranteed by the FDIC or any other governmental agency or public or private
insurer. We may issue additional series of notes under the Subordinated Indenture. See “—Further Issues.” The following description of the subordinated notes may not be complete and is subject to and qualified in its entirety by
reference to the Subordinated Indenture.

The subordinated notes will mature on