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First Citizens Bank Receives National, Regional Awards For Business Banking Services

RALEIGH, N.C., May 3, 2010 (GLOBE NEWSWIRE) -- First Citizens Bank has received 12 distinguished Greenwich Excellence Awards for business banking services.

"We're extremely pleased to be recognized as one of the top business banks in the nation again this year, especially with additional honors in the small business segment," said Hope Holding Connell, the bank's manager of business services. "At First Citizens, one of the hallmarks of our company is helping small to mid-sized businesses achieve their financial goals. These awards are a testament to the trust our customers have in us and the strong relationships we are building in the business community."

First Citizens received nine wins in the Small Business Banking category in addition to three in the Middle Market Banking category. (In the previous year, the bank won three Greenwich Excellence awards for Middle Market Banking.)

"First Citizens' strong ratings across a wide variety of categories indicate great satisfaction with the depth and breadth of the bank's offerings," said Greenwich Associates consultant Ron Balmer. "Business customers are looking for two things in today's economic environment -- stability and a relationship they can count on, and they indicate they have found these qualities at First Citizens."

Among the awards received, First Citizens won national honors for treasury services management and repeated as a regional winner.

"We're extremely proud to be honored for the treasury services we provide our business customers," said Business and Treasury Services Manager Denton Lee. "Our goal is to help companies operate even more effectively and efficiently, which is so important in this day and age. What makes this award special is that it is based directly on customer feedback."

First Citizens' Business and Treasury Services offerings go beyond typical loan and deposit services, providing businesses with solutions (such as business online banking, direct deposit of payroll, lockbox and check imaging among others) to help them increase efficiency, reduce costs and increase profits.

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