Company: FCNCB
Filing Date: 2025-09-02
Form Type: 424B5
Source: 0001193125-25-193496
Chunk: 24

Company: FIRST CITIZENS BANCSHARES INC /DE/
Filing Date: 2025-09-02
Form: 424B5
Chunk 24
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” means any day, other than a Saturday or Sunday, that is neither a legal holiday nor a day on which banking
institutions in the City of New York are authorized or required by law, regulation or executive order to close.

The “Five-year U.S.
Treasury Rate” means, as of the Reset Determination Date, the average of the yields on actively traded United States Treasury securities adjusted to constant maturity, for five-year maturities, for the five Business Days immediately preceding
the Reset Determination Date appearing under the caption “Treasury Constant Maturities” in the most recently published statistical release designated H.15 or any successor publication which is published by the Federal Reserve as of 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 %, which is the initial fixed interest rate minus % 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