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The FDIC, acting as Republic First’s receiver, orchestrated the agreement with Fulton Bank to safeguard the interests of Republic First’s depositors, making it the first U.S. bank failure of ...

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 ...

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 ...

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 ...

Stock is upgraded to buy from neutral by Janney on expected boost from the purchase Fulton Financial Corp.'s stock rallied Monday on plans by the bank to acquire Republic First Bank from the ...

called Fulton “a boring bank in the best way,” adding, according to The New York Times, that he expects Republic First’s ...