Company: FCNCB
Filing Date: 2025-03-07
Form Type: 424B5
Source: 0001193125-25-049895
Chunk: 58

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-03-07
Form: 424B5
Chunk 58
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 circumstance, or date and any decision to take or refrain from taking any action or any selection:

| • |     | will be conclusive and binding on the holders of the senior notes and the Trustee absent manifest error; |

| • |     | if made by us, will be made in our sole discretion; |

| • |     | if made by our designee, will be made after consultation with us, and our designee will not make any such 
 determination, decision, or election to which we reasonably object; and                                   |

| • |     | notwithstanding anything to the contrary in the Senior Indenture, shall become effective without consent from the 
 holders of the senior notes or the Trustee.                                                                       |

Calculation Agent Initially we have appointed U.S. Bank Trust Company, National Association as the calculation agent for the senior notes. We or an affiliate of ours may assume the duties of the calculation agent. S-37

Paying Agent

We may appoint one or more financial institutions to act as our paying agents, at whose designated offices the senior notes in non-global form may be surrendered for payment at their maturity. We call each of those offices a paying agent. We may add, replace, or terminate paying agents from time to time. We may also choose to act as our own
paying agent. Initially, we have appointed the Trustee, at its principal corporate trust office at U.S. Bank Trust Company, National Association, 214 North Tryon Street, 27th Floor, Charlotte, NC 28202, as the paying agent for the senior notes.

Governing Law

The Senior Indenture
provides that the senior notes will be governed by, and construed in accordance with, the laws of the State of New York.

Clearance and Settlement

The senior notes will be represented by one or more global certificates, which we refer to individually as a “Global senior
note” and collectively as the “Global senior notes,” deposited with or on behalf of DTC and registered in the name of Cede & Co. or another nominee of DTC. The senior notes will be available for purchase in minimum
denominations of $2,000 and integral multiples of $1,000 in excess thereof in book-entry form only. So long as DTC or any successor depositary, which we refer to collectively as the “Depositary,” or its nominee is the registered
owner of the Global senior notes, the Depositary, or such nominee, as the case may be, will