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 ...
When Curt Myers took over as chairman and CEO in January 2023, Fulton Financial, the parent company of Fulton Bank, had just completed the purchase of Philadelphia-based Prudential Bank.
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 Corp.’s stock rallied Monday on plans by the bank to acquire Republic First Bank from the Federal Deposit Insurance Corp. in the year’s first bank liquidation. Analysts were ...
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 ...
In yet another twist in the Republic First Bank saga, the financial institution was seized Friday by regulators and acquired by Fulton Bank. Republic First was the subject of a long-running proxy ...
Pennsylvania-based Fulton Bank, National Association of Lancaster, has agreed to assume most of the deposits and assets of Republic First Bank, which state regulators seized on Friday to ...
PHILADELPHIA (WPVI) -- 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 ...
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 ...
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 ...
In yet another twist in the Republic First Bank saga, the financial institution was seized Friday by regulators and acquired by the Lancaster, Pennsylvania-based Fulton Bank, which operates 200 ...