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 news release. Republic Bank's assets are now being taken over by Lancaster‚ Pennsylvania-based Fulton Bank effective immediately. Fulton is also assuming all deposits. Republic First Bank is a regional lender operating in Pennsylvania‚ New Jersey and New York. The company did business as Republic Bank and had roughly...

Fulton Financial (FULT) shares surged Monday after the bank said it acquired the debt and deposits of Philadelphia-based Republic First Bank following the first bank failure of 2024. Republic First Bank was seized by regulators Friday after a deal for $35 million in funding reportedly fell apart earlier this year.12 After a deal was reached with Fulton‚ the Federal Deposit Insurance Corporation (FDIC) said the Fulton deal was the least costly path for the Deposit Insurance...

Republic First Bank‚ a regional lender based out of Philadelphia‚ became the first bank failure of 2024 on Friday when it was shut down by Pennsylvania's bank regulator and the Federal Deposit Insurance Corp. (FDIC) seized control of the operation. The FDIC quickly made a deal for Fulton Bank to buy Republic First's assets‚ but one expert on financial regulatory reform and bank failures says the collapse could be a harbinger of things to come. &;quot;This bank failure indicates...

A group of demonstrators broke into and occupied the Branford Price Millar Library on Portland State University’s campus overnight Monday. On Tuesday morning‚ the school announced the campus would be closed for the day. The occupation followed days of smaller anti-war demonstrations on the campus connected with protests around the country opposing the war in Gaza. Throughout Sunday and Monday‚ pro-Palestine protesters barricaded off an entrance to the library using orange...

“It was so unlike me. I still can’t believe I did it‚” Bullerman‚ 25‚ tells PEOPLE. “But it was just a visceral feeling in my stomach. He just had very kind eyes.” Source: Woman’s ‘Bold’ Text to Grubhub Driver Really Delivered — They’re Getting Married Next Year&;#33; Very cute.

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