Banking regulations articles
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Regulators Close Republic First Bank, First US Bank Failure This Year
Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New York. The Federal Deposit Insurance Corp. said Friday it had seized the Philadelphia-based bank, which did business as Republic Bank and had roughly $6 billion in assets and $4 billion in deposits as of Jan. 31. Fulton Bank, which […]
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Regulators close Republic First Bank, marking first US bank failure this year
The lender is the first FDIC-insured institution to fail in the U.S. this year.
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Regulators close Republic First Bank, marking first US bank failure this year
The lender is the first FDIC-insured institution to fail in the U.S. this year.