Institutional Custodian Services
First Citizens Institutional Custody operation is one of the largest in North Carolina, providing our clients critical services such as securities safekeeping, trade settlement, comprehensive and consolidated statement services and portfolio account services. With a broad client base that includes municipal and governmental entities, corporations, insurance companies, investment managers, qualified retirement plans, and foundations and endowments, our team is known for its deep knowledge and experience, exacting standards of accuracy and the professionalism you can always expect from First Citizens.
- Securities safekeeping
- Trade settlement
- Investment and reinvestment of principal
- Collection and distribution of income
- Corporate actions monitoring
- Delivery of matured/called bonds, notes, etc., and collection of cash proceeds
- Free receipt of security issues purchased by or received by client independent of custodian account
- Comprehensive accounting statements
- Online account access
Institutional Escrow Agent Services
We provide escrow agent services for a broad range of First Citizens clients, helping manage subscriptions, exchanges, refunding business acquisitions and leases. As part of our escrow services, we can assist you and your attorneys with special escrow account needs, handle sensitive or high-profile transactions and aid you in the preparation of special forms and legal documents.
- Business acquisitions
- Depository escrow agent
- Subscription escrow agent
- Exchange escrow agent
- Highway escrow agent
- Leasing escrow agent
- Escrow safekeeping agent
First Citizens Wealth Management is a joint marketing mark of First Citizens Bank & Trust Company ("First Citizens Bank"), Member FDIC; First Citizens Investor Services, Inc., Member FINRA, Opens in a new tab/SIPC, Opens in a new tab, an SEC-registered broker-dealer and investment advisor; and First Citizens Asset Management, Inc., an SEC-registered investment advisor.
Bank deposit products are offered by First Citizens Bank, Member FDIC.
Investments in securities, annuities and insurance are not insured by the FDIC or any federal government agency; may lose value; are not a deposit or other obligation of, or guaranteed by, any bank or bank affiliate; and are subject to investment risks, including possible loss of the principal amount invested. Past performance is no guarantee of future results. Brokerage and some investment advisory services are offered through First Citizens Investor Services, Inc. Member FINRA, Opens in a new tab/SIPC, Opens in a new tab. First Citizens Asset Management, Inc. provides investment advisory services.