Republic First Bancorp’s struggle under the weight of increasing interest rates culminated in a pivotal moment when Fulton Financial Corp., another Pennsylvania-based lender, stepped in to offer a ...
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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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 ...
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 ...
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 ...
366 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 ...
Fulton Bank acquired substantially all of the assets and assumed substantially all of the deposits of Republic First Bank, doing business as Republic Bank, from the Federal Deposit Insurance ...
Many local banking customers might have some questions after Philadelphia-based Republic First was closed by state regulators just before the weekend. It is the first FDIC-insured bank to fail this ...