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FDIC Seizes Republic First Bank, Sells It to Competitor

The first bank failure of 2024 has taken place. Republic First Bank, which operated in Pennsylvania, New Jersey and New York, was seized Friday by the Federal Deposit Insurance Corp., according to The Associated Press. The Philadelphia-based bank, which did business as Republic Bank, was sold to competitor Fulton Bank,...

The first bank failure of 2024 has taken place. Republic First Bank, which operated in Pennsylvania, New Jersey and New York, was seized Friday by the Federal Deposit Insurance Corp., according to The Associated Press. The Philadelphia-based bank, which did business as Republic Bank, was sold to competitor Fulton Bank,…

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