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Feds Seize Republic Bank‚ Sell It to a Competitor
According to the AP‚ Republic First Bank‚ which operated in Pennsylvania‚ New Jersey‚ and New York‚ was seized on Friday by the Federal Deposit Insurance Corporation. The Philadelphia-based bank did business with Republic Bank and was sold to competitor Fulton Bank in Lancaster‚ Pennsylvania. According to the FDIC‚ depositors ofBankublic Bank will become depositors of Fulton […]
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