The Pennsylvania Department of Banking and Securities shut down Republic First Bank, a big deal in local banking. The bank ...
When Curt Myers took over as chairman and CEO in January 2023, Fulton Financial, the parent company of Fulton Bank, had just ...
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 ...
Fulton Financial FULT, +9.09% rose 9.4% after it said late Friday that its subsidiary Fulton Bank had acquired substantially ...
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 ...
Fulton Financial acquired Republic First after the bank failed on Friday. Management touted the deposits it is picking up in the Philadelphia market with the transaction. Fulton Financial's ...
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 ...
PHILADELPHIA — Long-struggling Republic Bank failed Friday, closed by a regulator who then arranged its takeover by another firm. After shutting Republic, the Pennsylvania Department of Banking ...
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 ...
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 ...