Troubled Philadelphia-based bank implodes in first failure of the year


by Fortune

Fortune— Republic First Bank had roughly $6 billion in assets and $4 billion in deposits as of Jan. 31.

VINnews—Regulators Close Philadelphia-Based Republic First Bank, First Us Bank Failure This Year. WASHINGTON (AP) — Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New York. Join our WhatsApp group Subscribe to our Daily Roundup Email 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

WKBN.com—Regulators close Philadelphia-based Republic First Bank, first US bank failure this year. WASHINGTON (AP) — 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. []

The Independent—Regulators close Philadelphia-based Republic First Bank, first US bank failure this year. Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New York