FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      
1. Name and Address of Reporting Person * HOLDING FRANK B JR 2. Issuer Name and Ticker or Trading Symbol FIRST CITIZENS BANCSHARES INC /DE/ [ FCNCA ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)__X__ Director                    __X__ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chairman and CEO
(Last)         (First)         (Middle)
4300 SIX FORKS ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)
10/21/2020
(Street)
RALEIGH, NC 27609
(City)       (State)       (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock                 522303  D   
Class A Common Stock                 11140  I  As beneficiary of Trust 
Class A Common Stock                 8586 (1) I  By Spouse 
Class A Common Stock  10/21/2020    G   V 1250  A $0.00  3078 (1) I  As Custodian for James Freeman Bailey, Jr. 
Class A Common Stock  10/21/2020    G   V 1250  A $0.00  1250  I  As custodian for Royall Holding Bailey 
Class B Common Stock                 105275  D   
Class B Common Stock                 2122  I  As beneficiary of Trust 
Class B Common Stock                 1399 (1) I  By spouse 
Class B Common Stock (2)                134 (1) I  By son, Frank B. Holding, III 
Class B Common Stock                 178 (1) I  As custodian for F. B. Holding III 
Class B Common Stock                 3160 (1) I  As Custodian for James Freeman Bailey, Jr. 
Class B Common Stock                 50 (1) I  As custodian for Royall Holding Bailey 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
(1)  The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.
(2)  Due to typographical error, the title of the security was previously reported as Class A Common Stock.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
HOLDING FRANK B JR
4300 SIX FORKS ROAD
RALEIGH, NC 27609
X X Chairman and CEO

Signatures
Frank B. Holding, Jr., By: William R. Lathan, Jr., Attorney-in-fact 11/19/2020
**Signature of Reporting Person Date