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Martin Joins First Citizens Bank as Director of Private Banking

RALEIGH, N.C., July 13, 2016 (GLOBE NEWSWIRE) -- Randy Martin has joined First Citizens Bank as director of private banking.

Randy Martin has joined First Citizens Bank as Director of Private Banking.


A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/768df514-9a24-4951-9e69-fd9745ce38da

In this role, Martin is responsible for building, growing and managing the company’s private banking business, which provides clients with structured, custom-packaged credit and banking deposit services and access to products that help manage changing interest rates.

“Randy’s proven track record, extensive private banking background and business acumen will help us continue to refine and expand our private banking business at First Citizens,” said Michael Wilson, First Citizens Wealth Management Executive. “His years of experience and leadership make him an invaluable addition to our company, and we welcome him to our team.”

With 30 years of financial services industry experience, Martin joins First Citizens from Capital One Bank in McLean, Va., where he headed up private banking national underwriting and commercial credit services. Prior to Capital One, Martin worked at Chevy Chase Bank and Wachovia Bank in various private banking and credit roles in both Virginia and North Carolina.

Martin currently serves as a member of the panel and the chairman’s committee for the Risk Management Association (RMA) North American Private Lending Roundtable. He’s also been actively involved in several Northern Virginia community foundations and nonprofit organizations for many years.

Martin holds a bachelor’s degree in accounting and business administration from Appalachian State University (1985). He also has earned the RMA National Credit Risk Certification (CRC). He is based at First Citizens’ headquarters in Raleigh, N.C.

Founded in 1898 and headquartered in Raleigh, N.C., First Citizens Bank is the largest family-controlled bank in the U.S., with offices in 20 states. First Citizens Bank is a major subsidiary of First Citizens BancShares Inc. (Nasdaq:FCNCA), which has over $32 billion in assets. For more information, call toll free 1.888.FC DIRECT (1.888.323.4732) or visit firstcitizens.com. First Citizens Bank. Forever First®.

Contact: Frank Smith First Citizens Bank 919.716.4121

Source:First Citizens Bank