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Pennsylvania’s Fulton Bank will assume “substantially” all deposits of Philadelphia-based Republic First Bank, the FDIC says in a statement. FDIC says cost to the Deposit Insurance Fund related to the ...

Fulton Financial Corporation announced that its bank subsidiary, Fulton Bank has acquired substantially all of the assets and assumed substantially all of the deposits of Republic First Bank, doing ...

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-based Fulton Bank added 32 Republic Bank branches to its 216 existing locations, but there is a lot of overlap ...

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 ...

Fulton Financial Corporation (NASDAQ:FULT) has successfully completed the acquisition of nearly all assets and deposits of Republic First Bank, through its subsidiary, Fulton Bank. This acquisition, ...

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’s acquisition nearly doubles its presence in the Philadelphia market, with combined deposits rising to about $8.6 billion. Republic First Bank has officially been seized by U.S. regulators ...