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The FDIC, acting as Republic First’s receiver, orchestrated the agreement with Fulton Bank to safeguard the interests of Republic First’s depositors, making it the first U.S. bank failure of ...
The development leaves Fulton operating Republic First’s 32 bank branches and servicing more than 70,000 new consumer or business customers in a metro area where Fulton has long-term expansion ...
Fulton Financial Corporation (NASDAQ:FULT) has successfully completed the acquisition of nearly all assets and deposits of Republic First Bank, through its subsidiary, Fulton Bank. This acquisition, ...
Republic First Bank is the first FDIC-insured bank to fail in 2024, due in large part to rising interest rates and decreasing commercial real estate values. This collapse will cost the FDIC $667 ...
Fulton Financial Corporation announced that its bank subsidiary, Fulton Bank has acquired substantially all of the assets and assumed substantially all of the deposits of Republic First Bank, doing ...
Everybody lost': How the war for Republic First became such a debacle Related: Fulton Bank continues to expand its presence in Philadelphia ...
Lancaster, Pennsylvania-based Fulton Bank agreed to purchase substantially all of the assets of beleaguered Philadelphia lender Republic First Bank and assume substantially all of its deposits, the ...