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Category Republic Bank

Philadelphia’s Republic First Bank Closed by Regulators, Assets Assumed by Fulton Bank

Philadelphia’s Republic First Bank Closed by Regulators, Assets Assumed by Fulton Bank

In the wake of a turbulent period for U.S. banks, the Pennsylvania Department of Banking and Securities has shut down Philadelphia-based Republic F...
$10,000,000,000 Bank Shut Down by US Regulators in First Bank Failure of 2024

$10,000,000,000 Bank Shut Down by US Regulators in First Bank Failure of 2024

US regulators just announced the first bank failure of 2024. The FDIC says it has stepped in to protect $6 billion in assets and $4 billion in cust...