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    First‑Citizens Bank & Trust, a wholly owned subsidiary of First Citizens BancShares, Inc. (Nasdaq: FCNCA), announced plans to acquire 26 Washington Street in Wellesley, Mass., and redevelop the site into a 15,000‑sq‑ft hybrid office and branch. The new facility, expected to open in 2028, will replace the current Wellesley branch at 336 Washington Street and expand the bank’s presence in the Boston market.

    “Boston is a key market for us, and this location will allow us to serve existing and new clients with the personalized experience they expect,” said Ron Sanchez, Regional Executive Vice President. “Increasing our investment in the region will give our teams and clients a setting that matches their expectations.”

    Since 2024, First‑Citizens has added 15 wealth‑team staff. “We have many clients in Wellesley and surrounding areas, and this space will enable us to continue serving them through a high‑touch, relationship‑based approach,” added Dwight Mathis, Regional Director of Wealth.

    Current Boston locations:

    - 35 State Street, Boston

    - 450 Boylston Street, Boston

    - 265 Main Street, Cambridge

    - 336 Washington Street, Wellesley

    - 57 Enon Street, Beverly

    First‑Citizens Bank, headquartered in Raleigh, N.C., provides personal, business, commercial, and wealth banking services nationwide. With a legacy of stability and long‑term thinking, the bank offers general banking, commercial lending, innovation banking, and a direct‑bank platform. Its parent, First Citizens BancShares, Inc., is a Fortune 500 company with over $200 billion in assets.