First Citizens Bank
Forever First

Harvest Community Bank is now a division
of First Citizens Bank

As of Jan. 13, 2017, Harvest Community Bank is a division of First-Citizens Bank & Trust Company (First Citizens Bank).

What differences will you see because of this change? Right now, none. For Harvest Community Bank customers, banking and accounts will continue to function just as they have to this point.

At First Citizens Bank, we've grown through the years by delivering a consistently high level of service to our customers and by bringing other banks into our system, through select acquisitions and mergers. We believe in providing a satisfying banking experience for our customers.

We're committed to making the transition as easy as possible for you.

You can continue to use your Harvest Community Bank checks and cards, and you still have online access to all of your accounts. Rest assured, your accounts remain safe, secure and easily accessible - your deposits are still protected by FDIC insurance.

Please continue to use Harvest Community Bank branches as you normally would. If you have any questions about your account, please continue to contact a representative at any of the Harvest Community Bank branches. For questions about First Citizens Bank, you can call the First Citizens Customer Care Center toll free at 1.855.628.8701 between 7:00 a.m. and 11:00 p.m. Eastern time.

Frequently Asked Questions

What changed?

On Jan. 13, 2017, the New Jersey Department of Banking and Insurance closed Harvest Community Bank and appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. Promptly thereafter, First Citizens Bank, a subsidiary of Raleigh, North Carolina-headquartered First Citizens BancShares, Inc. (Nasdaq: FCNCA), purchased certain assets and assumed deposit liabilities of Harvest Community Bank from the FDIC.

On Jan.14, 2017, Harvest Community Bank will begin operating as Harvest Community Bank, a division of First Citizens Bank, headquartered in North Carolina.

For more information, read our news release.

What does this change mean for Harvest Community Bank customers?

You can continue to use the Harvest Community Bank branches as you normally would. You can also continue to use your Harvest Community Bank checks and cards, and you still have online access to all of your accounts. You will be notified in writing if there are any changes to your accounts, including any rate changes.

How will my bank accounts be affected?

For now, all of the features of your accounts will remain the same; however, you will be notified in writing regarding any changes to your accounts.

Is the money I had at Harvest Community Bank still safe and available to me?

Yes. You can access every penny. Your accounts remain safe, secure and accessible. Your deposits continue to be protected by FDIC insurance.

How will this affect the office locations I use?

There will be no immediate changes and you should continue banking at your usual office location.

Can I continue to use my existing checks and cards?

Yes. You may keep using your existing Harvest Community Bank checks and cards.

Is my Harvest Community Bank deposit insured by the FDIC?

Yes. Your deposit with our Harvest Community Bank division is insured by the FDIC, and each depositor is insured to at least $250,000, as established by law.

What happens to my deposit insurance coverage if I have deposits at both First Citizens Bank and Harvest Community Bank?

There are special provisions that allow a depositor to receive insurance at both institutions for a period of time.

According to the FDIC publication, "Your Insured Deposits:"
https://www.fdic.gov/deposit/deposits/brochures/your_insured_deposits-english.html

"When two or more insured banks merge, deposits from the assumed bank are separately insured from deposits at the assuming bank for at least six months after the merger. This grace period gives a depositor the opportunity to restructure his or her accounts, if necessary."

"CDs from the assumed bank are separately insured until the earliest maturity date after the end of the six-month grace period. CDs that mature during the six-month period and are renewed for the same term and in the same dollar amount (either with or without accrued interest) continue to be separately insured until the first maturity date after the six-month period. If a CD matures during the six-month grace period and is renewed on any other basis, it would be separately insured only until the end of the six-month grace period."

"Note that in situations of a bank failure where a depositor already has deposits at the acquiring bank, the six-month grace period described would also apply to their deposits."

What will happen to my direct deposits?

Your direct deposits will continue as usual, including Social Security payments. If you need to change anything in the future, please contact or visit your Harvest Community Bank office location to make those arrangements.

Can I still access my accounts online? Where?

Yes. You can continue to access your accounts online at www.harvestcommunitybank.com.

Will my automatic loan payment still occur on its assigned date?

You should experience no disruption in this service. We encourage you to check your bank account the day after your scheduled draft to verify the transaction. If the transaction did not occur, please notify your loan officer and we will research your loan.

Can I continue to perform advances on my line of credit?

Yes. You can continue to use your line of credit as usual.

Will my overdraft line of credit continue to cover my overdrafts?

Yes.

How and where do I make my loan payments?

You should continue to make your loan payments as agreed. Make checks payable to Harvest Community Bank and utilize the same payment address information. You may continue to make your payments at the Harvest Community Bank offices or through online banking.

What is First Citizens BancShares?

First Citizens BancShares, Inc. is a $32.9 billion financial holding company headquartered in Raleigh, N.C., which operates its banking subsidiary, First Citizens Bank. Harvest Community Bank is now a division of First Citizens Bank. First Citizens BancShares, Inc. is publicly traded on the NASDAQ under the symbol FCNCA.

Whom do I contact with questions about my account?

If you have any questions about your account, please continue to contact a representative at any of the Harvest Community Bank branches. For questions about First Citizens Bank, you can call the First Citizens Customer Care Center toll free at 1.855.628.8701 between 7:00 a.m. and 11:00 p.m. Eastern time.

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