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Pennsylvania’s Fulton Bank will assume “substantially” all deposits of Philadelphia-based Republic First Bank, the FDIC ...

The terms of the sale to Fulton allowed the bank to acquire Republic First assets at current fair market value, meaning they have been cleared of some of the issues that made them troubled in the ...

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 ...

opens new tab shares jumped on Monday after U.S. regulators brokered its takeover of Philadelphia-based Republic First Bank which ... which sold the bank to Fulton for an undisclosed price.

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 Bank has acquired substantially all of the assets and assumed substantially all of the deposits of Republic First Bank ...

Fulton Financial Corporation ... of nearly all assets and deposits of Republic First Bank, through its subsidiary, Fulton ...