First Citizens Bank Appoints Snow Holding as Northeast Market Leader for Middle Market Banking

First Citizens Bank Appoints Snow Holding as New Market Leader

First Citizens Bank, known for its strong legacy in offering comprehensive financial services, has recently named Snow Holding as the Director and Market Leader for Middle Market Banking in the Northeast Quadrant of the United States. This decision comes as a strategic move to bolster the bank's development and strengthen its presence in the lucrative Northeast market.

Snow Holding, who has been part of the First Citizens team for six years, now takes on a pivotal role where he will oversee relationship managers and spearhead business expansion initiatives for the bank’s operations in Boston and New York, along with servicing clients along the Northeast Corridor. His extensive experience in the banking industry, particularly in managing customer relations and devising effective banking strategies, positions him as an ideal leader to drive the bank’s growth in this region.

Brendan Chambers, who oversees Middle Market Banking at First Citizens, expressed enthusiasm about Holding's appointment, stating, "Snow is an outstanding addition to our team, and we welcome his experience leading relationship strategy and his dedication to delivering for our clients across the Northeast. His leadership will be essential to our ability to offer the full breadth of First Citizens' products, services, and expertise to grow our middle market presence in the Northeast."

Snow Holding's Background

Holding brings with him a solid academic background, having earned a bachelor's degree from Wake Forest University and an MBA from Texas Christian University. During his tenure at First Citizens, he rapidly progressed through the ranks, starting in Deposit and Treasury Services in Orange County, California, before advancing to a business banker role. Recently, he served as the Manager of Business Banking in Boston, further solidifying his credentials and preparing him for his new responsibilities in the Northeast.

Focus on Middle Market Banking

First Citizens Bank’s middle market banking division has been operational in the Northeast for the past two years. The bank's focus on supporting clients in this sector includes offering a distinct banking experience tailored to clients with revenues exceeding $75 million. This high-touch client-centric approach is rooted in delivering comprehensive financial solutions that address the specific needs of business clients in the region.

The bank's strategies also include enhancing their Business, Commercial, and Wealth services as part of an ongoing expansion within the Northeast market. As part of its commitment to this growth strategy, First Citizens Bank aims to leverage its expansive resources and expertise to cater effectively to this segment of clients.

First Citizens Bank Overview

Headquartered in Raleigh, North Carolina, First Citizens Bank has established a reputable legacy known for its strength, stability, and long-term focus. The institution provides various banking services under its comprehensive financial umbrella, including personal banking, lending solutions, leasing, and wealth management services. With more than $200 billion in assets and a member of the Fortune 500™, First Citizens continues to be a leading figure in the financial services industry.

For more information about First Citizens Bank and their offerings, you can visit firstcitizens.com. This bank aims to create lasting financial strength for its clients across America through innovative, tailored banking experiences. With the recent appointment of Snow Holding, First Citizens Bank is poised to enhance its service delivery and market presence significantly, reinforcing its commitment to excellence in the financial services landscape.