The acting chair argued for a simplified capital hike, criticized past approaches to bank mergers and signaled movement on ...

First Farmers Bank & Trust is proud to sponsor Mosey Down Main Street for the third year in a row. From May through October, ...

Identifying stocks to buy and hold for decades rather than months or years can be difficult. The world and the economy are constantly changing, creating risks for long-term investors.

Banking collapses in 2023 almost triggered disaster—but the real crisis might be caused by what happened after.

Semafor’s Ben Smith reported a gossipy exposé on the rapidly dwindling number of tech oligarchs and talking heads who want to spend any time online with Marc Andreessen and David Sacks. According to ...

A new wave of concern is building within the US banking sector as unrealized losses on securities investments surge to $482.4 billion, a 32.5% increas ...

Recent reports revealed the number of weak US banks rose to 52 in the last three months of 2023, representing the largest ...

The FDIC also issued a press release on the bank’s failure. “Philadelphia-based Republic First Bank (doing business as Republic Bank) was closed today by the Pennsylvania Department of Banking ...

Now that the institution no longer exists, payments of this nature will be deposited in Fulton Bank accounts created for Republic First customers.

The FDIC then reached an agreement with Lancaster-based Fulton Bank NA to buy substantially all of Republic's assets and to assume its deposits. Republic's collapse marked the first U.S. bank ...

It is the first FDIC-insured bank to fail this year. We do have good news for customers of Republic Bank, Republic's assets have already been taken over by Lancaster-based Fulton Bank, which means ...

PHILADELPHIA (CBS/AP) -- Philadelphia-based Republic First Bank was closed by state regulators Friday night and its assets were given to the Federal Deposit Insurance Corp., FDIC announced in a ...