Company: FCNCB
Filing Date: 2025-09-04
Form Type: 424B5
Source: 0001193125-25-195116
Chunk: 22

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-09-04
Form: 424B5
Chunk 22
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 of $600,000,000. The Notes are solely obligations of BancShares and are
neither obligations of, nor guaranteed by, First Citizens Bank or any of our other subsidiaries. The 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 Notes may not
be complete and is subject to and qualified in its entirety by reference to the Subordinated Indenture.

The Notes will mature on
September 5, 2035 (the “Maturity Date”), unless previously redeemed or otherwise accelerated. Payment of principal on the Notes may be accelerated only upon the occurrence of specified events. See “—Events of Default; Notices
of Default.”

The Notes are not convertible into, or exchangeable for, equity securities, other securities, or assets of BancShares
or its subsidiaries. There is no sinking fund for the Notes. Except as described under “—Clearance and Settlement,” the Notes will be represented by one or more global certificates deposited with or on behalf of DTC and registered
in the name of Cede & Co. or another nominee of DTC. The Notes will be issued and may be transferred only in minimum denominations of $2,000 and integral multiples of $1,000 in excess thereof in book-entry form only. See
“—Clearance and Settlement.”

As a bank holding company, our ability to make payments on the Notes will depend primarily
on the receipt of interest and other distributions from First Citizens Bank. There are various regulatory restrictions on the ability of First Citizens Bank to pay dividends or make other distributions to us. See “Risk Factors—Payments
on the Notes will depend on receipt of dividends and distributions from BancShares’ subsidiaries” and “Risk Factors—Regulatory requirements may restrict our ability to pay the principal of, and accrued and unpaid interest on,
the Notes, regardless of whether we are the subject of an insolvency proceeding” in this prospectus supplement.

No recourse will be
available for the payment of principal of, or interest on, any Note, for any claim based thereon, or otherwise in respect thereof, against any stockholder, employee, officer, or director of BancShares, any of its subsidiaries or any successor
entity. Neither the Subordinated Indenture nor the