CCBI: Capital Commerce Bancorp to merge with First Citizens Bank

Shareholders of Milwaukee-based Capital Commerce Bancorp Inc. approved a merger agreement with First-Citizens Bank & Trust Company of Raleigh, N.C. The banks announced in a Thursday news release that First Citizens would acquire Capital Commerce and its Securant Bank & Trust subsidiary, a move that is expected to take effect in the fourth quarter. Securant branch offices will initially operate as Securant Bank, a division of First Citizens Bank, according to the release. Customers will be able...