PHILADELPHIA (CBS/AP) -- Philadelphia-based Republic First Bank was closed by state regulators Friday night and its assets ...
Regulators seized the troubled Philadelphia bank Republic First Bancorp and sold it to fellow regional lender Fulton Financial, the fourth high-profile bank failure since last spring. The bank was ...
Republic First Bank depositors can access their funds via checks or ATMs as early as Friday night, the FDIC said. The bank’s failure is expected to cost the deposit insurance fund $667 million.
A deal to try to shore up Republic First Bancorp has fallen apart, renewing concerns about the stability of the Philadelphia-based regional bank. The Norcross-Braca group said it would terminate ...