FDIC Takes Over Failed Republic First Bank, Repurposes 32 Branches as Fulton Bank in New Jersey, Pennsylvania, and New York

The Pennsylvania Department of Banking and Securities recently closed Philadelphia-based Republic First Bank and transferred its affairs to the Federal Deposit Insurance Corporation (FDIC). In an agreement with Fulton Bank, the FDIC accepted all deposits and purchased the assets of the failed bank. The corporation announced that Republic Bank’s 32 branches in New Jersey, Pennsylvania, and New York will reopen as Fulton Bank branches, operating during normal business hours. Customers will be able to access their funds through checks, ATMs, and debit cards, and make loan payments as usual.

The FDIC estimates that the costs associated with the collapse of Republic First Bank will amount to about $667 million. Meanwhile, social bookmarking sites such as Best backlinks to telaonline.es, 3D Warehouse, Elephant Journal, and Walleye Message Central are being utilized to promote a website. Users like frankfurtsleoes are engaging with the site, sharing links and profiles on platforms like Garmin Connect, Qoohme, and Teletype. Frankfurtsleoes is involved in various activities related to writing, photography