First Citizens Bank

First Citizens Bank today announced that its Equipment Finance group has named Matt Deloglos as a vice president on its business development team. Based in Kernersville, North Carolina, Deloglos will focus on developing solutions-based financing programs for OEM manufacturers and dealers in the construction, transportation, and material handling industries. Deloglos will report to Joy Shanks, who leads business development for First Citizens Bank Equipment Finance. “Matt is well-known in the industry for building long-term relationships by carefully tailoring solutions to help customers succeed,” said Shanks. “We are delighted to add his expertise to our team and look forward to his contributions as our organization continues to grow.” Deloglos has 30 years of experience in the construction equipment sector, representing both manufacturers and retail finance companies. Prior to joining First Citizens, Deloglos held roles in a variety of sales management positions and led teams at Volvo Financial Services, Volvo Construction Equipment, and CIT Group. Deloglos is a graduate of Robert Morris University and a member of Equipment Leasing and Finance Association (ELFA) as well as Associated Equipment Distributors (AED). First Citizens Bank Equipment Finance works with manufacturers, franchisors, distributors, resellers, dealers and systems integrators to finance their equipment, software and services to commercial customers. https://bit.ly/3BH2zCs

A recent case from the US Supreme Court could affect you if you are a shareholder of a closely held business. The decision in Connelly vs. IRS held that death benefits from company held life insurance, used to buy back the shares of a deceased shareholder, increase the taxable value of the business and of the deceased’s estate. Our latest article explores the financial impacts. https://bit.ly/4estkcB

How will you fund your #HOA’s next project? We can help you get the custom financing that’s perfect for your budget and your community. https://bit.ly/4eOCYWy #CommunityAssociationBanking #HOABanking

Whether you need working capital, real estate or equipment, SBA loans offer tailored solutions to meet your unique needs. Explore the diverse options available for your small business. Learn more: https://bit.ly/4eiIrVT #SBALoans #SmallBusinessOwners

As communities affected by Hurricane Helene begin recovery efforts, we're committed to supporting you. Learn more about First Citizens' response: https://bit.ly/4ePhd9j. Check the status of your nearest branch or ATM to stay informed about temporary closures or adjusted hours with our branch locator: https://bit.ly/3XNr0pp.

The Federal Reserve’s long-awaited rate cut defined the third quarter. Fixed income yields fell, equities cheered and the U.S. economy remained resilient. Read our full summary. https://bit.ly/4dsPl9W

The financial impact of a new addition to the family is one of the many things you should prepare for — and today’s cost of raising a child until age 18 in the U.S. is north of $310,000, per Brookings data! In fact, more than 90% of parents say having a child resulted in a sacrifice to manage childcare. Learn how to save smart and plan ahead: https://bit.ly/3XKE277 #StartingAFamily #FamilyPlanning

Secure the funds your small business needs to grow and succeed. From working capital to real estate, SBA loans offer tailored solutions for your unique goals. Learn more: https://bit.ly/4eAqZwp #SBALoans #SmallBusinessOwners

Thinking about building your skills in the financial world? Hear from our corporate intern Andrew about working with us and the meaningful opportunities he had during his internship. Apply today: https://bit.ly/3BnUlzi

Thanks to American Banker for recognizing First Citizens Bank Vice Chairwoman Hope Bryant at the top of its 2024 list of The Most Powerful Women to Watch in banking and finance. Learn more about the recognition: https://bit.ly/3zElZaD #ForeverFirst