The Pennsylvania Department of Banking and Securities shut down Republic First Bank, a big deal in local banking. The bank ...
Customers of Philadelphia-based Republic First Bank are now customers of Fulton Bank. Republic Bank was closed Friday by the Pennsylvania Department of Banking and Securities, and the Federal ...
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When Curt Myers took over as chairman and CEO in January 2023, Fulton Financial, the parent company of Fulton Bank, had just ...
Pennsylvania’s Fulton Bank will assume “substantially” all deposits of Philadelphia-based Republic First Bank, the FDIC says in a statement. FDIC says cost to the Deposit Insurance Fund related to the ...
After struggling under the weight of higher interest rates, Republic First Bancorp on Friday found another regional lender willing to rescue it: fellow Pennsylvania-based bank Fulton Financial ...
After struggling under the weight of higher interest rates, Republic First Bancorp on Friday found another regional lender willing to rescue it: fellow Pennsylvania-based bank Fulton Financial ...
Regulators took over Republic First on Friday with Fulton Bank acquiring substantially all of the bank's assets and deposits. The sale will result in a $667 million loss for the Deposit Insurance Fund ...
353 PHILADELPHIA AND LANCASTER, PA. — Fulton Financial Corp. (NASDAQ: FULT), a regional lender based in Lancaster, has acquired Philadelphia-based Republic First Bank via an auction overseen by ...
(Bloomberg) -- Republic First Bank became the latest smaller lender to succumb to pressures of higher interest rates on Friday when it was closed by regulators — with most of its deposits and ...