COLUMBIA, SC – December 17, 2008 – First Citizens is pleased to announce its new product offering and partnership with Fidelity Investments. First Citizens now offers the Fidelity Advisor 401(k) plan to our clients. Working with a First Citizens advisor, customers are able to develop a retirement plan for their business and employees through one of the largest retirement plan companies in the marketplace.
“Adding the Fidelity Advisor 401(k) Plan to our existing retirement plan platform allows us to complement our menu of retirement plan providers” said David Barton, senior vice president and retirement services manager for First Citizens.
“We are able to leverage Fidelity’s state-of-the art technology, comprehensive and personalized communication programs, investment expertise and depth of fiduciary knowledge and support to help clients identify, understand and achieve their specific retirement goals.”
About Fidelity Investments
Fidelity Investments is one of the world’s largest providers of financial services, with custodied assets of $3.3 trillion, including managed assets of more than $1.5 trillion as of February 29, 2008. Fidelity offers investment management, retirement planning, brokerage, and human resources and benefits outsourcing services to 24 million individuals and institutions as well as through 5,500 financial intermediary firms. The firm is the largest mutual fund company in the United States, the No. 1 provider of workplace retirement savings plans, the largest mutual fund supermarket and a leading online brokerage firm. For more information about Fidelity Investments, visit www.fidelity.com.
About First Citizens
First Citizens Bancorporation, Inc., is the parent company of First Citizens Bank and Trust Company, Inc., The Exchange Bank of South Carolina, Inc., and Merchants & Farmers Bank of Comer, Ga. First Citizens Bank offers services in commercial and retail banking through its 190 offices in South Carolina and Georgia. As of Sept. 30, 2008, First Citizens Bancorporation had total consolidated assets of $6.42 billion. For more information, visit the First Citizens web site at www.firstcitizensonline.com.