updated 1/24/2011 5:18:06 PM ET 2011-01-24T22:18:06

RALEIGH, N.C., Jan. 24, 2011 (GLOBE NEWSWIRE) -- The Board of Directors of First Citizens BancShares Inc. (Nasdaq:FCNCA) today declared a quarterly dividend of 30 cents per share on the Class A and Class B common stock. The dividend is payable April 4, 2011, to shareholders of record March 21, 2011.

First Citizens' stock is traded over-the-counter, and Class A is quoted on the NASDAQ National Market System under the symbol FCNCA.

CONTACT:  Barbara Thompson
          First Citizens BancShares
          (919) 716-2716

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