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A woman walks in front of a First Citizens Bank branch in Raleigh, North Carolina.
A First Citizens Bank branch in Raleigh, North Carolina. First Citizens Bank has acquired assets from Silicon Valley Bank.

Melissa Sue Gerrits/Getty Images

  • The family behind First Citizens Bank has seen its fortune soar since buying SVB's assets. 
  • CEO Frank Holding Jr. and his sisters' combined wealth has doubled to $2.2 billion, per Bloomberg. 
  • The Holding family has purchased more than 20 failed banks since 2008. 

The family behind First Citizens Bank has seen its wealth double to $2.2 billion since it bought Silicon Valley Bank's assets out of bankruptcy. 

First Citizens CEO Frank Holding Jr. and his four sisters - Olivia Holding, Hope Bryant, Carson Brice and Claire Bristow - collectively own about 20% of the Raleigh-based company's stock.

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Markets, MI Exclusive, First Citizens Bank, SVB, Silicon Valley Bank, Silicon Valley Bank collapse, silicon valley bank crisis, Banking, Banking Crisis
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The family behind First Citizens Bank has seen its wealth double to $2.2 billio…