Bank Failures Begin Again: Philly's Republic First Seized By FDIC
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Regulators close Philadelphia-based Republic First Bank, first US bank failure this year
WASHINGTON (AP) — 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 had roughly $6 billion in assets and $4 billion in deposits as of January 31. Fulton
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Regulators close Philadelphia-based 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
-
Regulators close Philadelphia-based Republic First Bank, first US bank failure this year
WASHINGTON (AP) — 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 had roughly $6 billion in assets and $4 billion in deposits as of January 31. Fulton