This is the bank Ive used for over twenty years.
The first bank to close this year in the US
There was a branch in the lobby of my office building
Yes I know I havent lost any money but Jeez.
Wherever I go, everything I use routinely closes.
And yes, they said branches would reopen as Fulton Bank, but my branch had a water main break and is under renovation.
Anyone here remember Joe Btsflk from Lil Abner? Thats I.
https://www.inquirer.com/business/republic-first-bank-closes-philadelphia-20240426.html
WASHINGTON Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New York.
The Federal Deposit Insurance Corp. said Friday it had seized the Philadelphia-based bank, which did business as Republic Bank and had roughly $6 billion in assets and $4 billion in deposits as of Jan. 31.
Fulton Bank, which is based in Lancaster, Pennsylvania, agreed to assume substantially all of the failed banks deposits and buy essentially all of its assets, the agency said.
Republic Banks 32 branches will reopen as branches of Fulton Bank as early as Saturday. Republic First Bank depositors can access their funds via checks or ATMs as early as Friday night, the FDIC said.