First Citizens Bancshares of Raleigh, N.C., is buying two more First Union Corp. branches in Virginia.
The $10 billion-asset company, which said in September that it would buy six First Union branches in North Carolina and Virginia, announced Tuesday that it plans to acquire additional branches in Staunton and Verona.
First Citizens would purchase the branches loans and assume their $50 million of deposits. The deal is expected to close in the first quarter.