First Citizens BancShares Inc is evaluating an offer for Silicon Valley Bank SVB Bloomberg News reported on Saturday, citing people familiar with the matter.
The report said that at least one other suitor is considering a serious consideration for the collapsed lender.
SVB and First Citizens didn't respond immediately to Reuters' request for comment outside of business hours.
The Federal Deposit Insurance Corp. asked banks interested in acquiring the Silicon Valley Bank and Signature Bank to submit bids by Mar 17th, according to a report earlier this week.
The auctions followed the FDIC taking over Silicon Valley Bank last Friday and Signature Bank on Sunday, as the collapses of the two US mid-sized lenders whipsawed global financial markets over fears of a contagion.
This is the second attempt at selling SVB by the FDIC after a failed effort a week ago. The investment bank Piper Sandler Cos was retained by the FDIC to run a new auction, the sources told Reuters.