RALEIGH, N.C. -- First Citizens Bank said it has reached an agreement to purchase the two Durham, N.C., offices of Raleigh Federal Savings Bank.

First Citizens, which has 321 offices statewide, said it would acquire $11.5 million in deposits and $7.6 million in loans, along with the facilities.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.