Republic First Bank Fails In Biggest Bust Since 2023 Turmoil

Summary

Law360 (April 26, 2024, 7:18 PM EDT) -- Republic First Bank, a roughly $6 billion bank based in Philadelphia, was shuttered Friday by Pennsylvania state banking regulators and sold to Fulton Bank NA, capping off a prolonged decline that only worsened in the wake of last spring's regional bank failures.