Fast facts

• SVB customers’ funds are protected — even amounts not insured by the Federal Deposit Insurance Corporation.
• SVB customers automatically became First Citizens customers on Monday.
• There will be no immediate changes to the accounts of SVB customers.
• First Citizens will share SVB’s debt with the FDIC.
• With the help of the FDIC, First Citizens has acquired more than 20 small failed banks since 2008.
• First Citizens was founded in 1898 and is celebrating 125 years.
• SVB was established in 1983 with a focus on the tech industry.

By the numbers

• First Citizens assumed $110 billion in assets, $56 billion in deposits, and $72 billion in loans with the deal.
• The FDIC still retains approx. $90 billion of SVB assets.
• According to WRAL Techwire, the deal caused the local bank’s shares to increase 52% on Monday.
• On Monday, SVB’s 17 banks opened as First Citizens branches.
• Before the acquisition, First Citizens was worth $109 billion.
• Now, First Citizens is worth more than $219 billion and is one of the 20 largest banks in America with 500+ branches in 23 states.

• The Secret Garden | Friday, Mar. 31-Sunday, Apr. 2 | Times vary | CLF Auditorium, 3209 Gresham Lake Rd., Ste. 136, Raleigh | $20 | Watch this classic family-friendly musical by Pulitzer Prize-winner Marsha Norman and Lucy Simon.

• Paint Like Van Gogh Workshop: The Immersive Experience | Saturday, Apr. 1 | 11 a.m.-2 p.m. | Pleasant Valley Promenade, 6240 Glenwood Ave., Raleigh | $77-$92 | Relax and get creative with the help from an experienced local instructor.
• Dreamville Music Festival | Saturday, Apr. 1-Sunday, Apr. 2 | 12 p.m. | Dorothea Dix Park, 1030 Richardson Dr., Raleigh | $385-$2,000 | World-famous hip-hop and R&B artists J. Cole, Drake, and Usher will headline the third-annual music festival.
• First Anniversary Party | Saturday, Apr. 1 | 12-9 p.m. | Vault Craft Beer, 518 W. South St., Raleigh | Free | Celebrate the taproom with local market vendors, an Umbrella Dry Bar pop up, music, oysters, and more.

• Spring Wreath Making | Sunday, Apr. 2 | 1-3 p.m. | Joy Worthy Co., 131 S. Wilmington St., Raleigh | $75 | Customize your own indoor-outdoor spring wreath.
• Neptunes Comedy | Sunday, Apr. 2 | 6:30-9 p.m. | Neptunes Parlour, 14 W. Martin St., Raleigh | $10-$15 | See comedians Lauren Polli, Chris Rivoli, Aaron Ransom, and Helen Wildy perform live.

• 75º | Mostly cloudy | 7% chance of rain

• Sk1ll Fitness Studio will open this Saturday, April 1 at 8111 Rowlock Way, off Glenwood Avenue. Sk1ll’s classes range from indoor cycling and cardio Pilates to dance aerobics. See the full class list.

• It’s time... the Dreamville Festival is tomorrow, April 1-Sunday, April 2. If you’re going, bookmark the festival map + artist set times. Didn’t scoop a ticket? Here are four ways to experience Dreamville for free.

• Take me out to Durham. Opening weekend for the Durham Bulls begins today, March 31. Snag tickets to see the Bulls take on the Norfolk Tides tonight at 6:35 p.m. — there will be a pre-game Triple-A National Championship title celebration and fireworks after the game.

• “When There Are Nine,” a beer brewed by the women of Wye Hill Hospitality on International Women’s Day, is now available for purchase. You can pick up a four-pack of the pale wheat ale with blood orange at Wye Hill. Bonus: A portion of the proceeds supports the No Woman, No Girl Initiative.

• A huge business conference is moving from Boston to Raleigh. The Business of Software Conference will be held at the Martin Marietta Center for the Performing Arts October 1-4. The event will bring influential leaders from across the country to downtown. (Axios Raleigh)

• The New York Times released an interactive tool Monday that helps users find “the best American colleges — for you.” Try out the Build Your Own College Rankings tool. Bonus: The News & Observer used the data to rank NC schools in categories, including which NC college graduates earn the most money.

• Spring break on the brain? Us, too. Hydrate Medical’s IV hydration therapy can help you get ahead of jet lag, dehydration, and more. Bonus: First-timers can score their First Drip for $89. See how Branded Copywriter Garcelle’s first treatment at the Glenwood South location helped her relax + re-hydrate.*

• The latest episode of The Urban Truth podcast features extraordinary women from the Raleigh community who recently celebrated International Women’s Day with Merz Aesthetics. These brilliant panelists shared their insights on the importance of embracing equity, allyship, and what drives inspiration in their personal + professional lives.*

• Refinance rates are skyrocketing. But home equity rates remain relatively low — which means that now is a great time to borrow against your home. Calculate your payment.*

• Your daily reminder that you can get a sandwich named after you by participating in DRA’s Sandwich Week. One biz you can support: Wye Hill, home to burgers with all the fixins’. If you were an Offline member, you could get $20 off when dining in. Sign up for Offline with code RALTODAY.