Regulators Seize Republic First, a Troubled Philadelphia Bank
The New York Times-Business·2024-04-27 17:00
Regulators late Friday seized Republic First Bancorp, a troubled Philadelphia lender, in the first U.S. bank failure this year.
Republic First Bancorp, known as Republic Bank, had about $4 billion in deposits at the end of January and assets worth $6 billion, the Federal Deposit Insurance Corporation said in a statement.
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