Regulators close Philadelphia-based Republic First Bank, first US bank failure this year
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- Опубликовано: 25 апр 2024
- 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 bank's deposits and buy essentially all of its assets, the agency said.
6abc.com/regulators-close-phi...
just the beginning
Unity!!! Joey Cannibals Biden. So glad the unifier in chief brought this country together. So much happiness, great security, awesome jobs of stuff Made in America!
Keep the nightmare going socialist!!
We love you man.😅
Woohoo. This solidifies that the economy is strong and this will drive the stock markets up even higher. 😂 Brandon is doing a great job!
Let's go Brandon
The economy sucks.
Unity!!! Joey Cannibals Biden. So glad the unifier in chief brought this country together. So much happiness, great security, awesome jobs of stuff Made in America!
Keep the nightmare going socialist!!
We love you man.😅
Get your money out of these banks !!
No you big dummy
Woohoo! Another Bank Failure. FED to drop rates to 0% on Monday (so that Mag 7 can make Mega Buy Back Bigger).
If you can not see the handwriting on the wall, maybe you are sitting too far back in the short bus.
Buuut remember, the build back broke economy is doing Great, Lol.
Got a notice yesterday in the mail about this. I liked Republic Bank too. Bummer...
Eh...Fulton Bank has a pretty decent reputation afaik...although taking on Republic might be a bit interesting for them.
@JeffersonLeeEng I hear you. I know nothing about them. I guess they want to make some inroads in the Philadelphia/South Jersey banking area. It's not the first time this has happened to me and definitely not the last. Thanks for your response, and you take care 🙂
More failures are expected.
Mattress stashing time aye!
Great way to find out all the depositors information and no one’s the wiser
The Dominoes are collapsing
Fulton Financial next
Yep. It’s like trying to help someone with the flu. You might not have the flu, but when you help them, there’s a good chance you’re prob going to catch it too. I think NYCB will drop this year too before Fulton
...but not the last.
May God, vote Biden out before the entire country collapses completely.
Soooo Fulton Bank is next? 😂
6abc Philadelphia, You're so talented! I had to hit the like button!
He can't even read a teleprompter.
Goodbye, thumbsdown.
At least he didn't read/say... Pause
@@--harry_
Yah,
but he'll probably be here in....
four more years.
(((i like what you did there)))
🤣
The first one to fail might be the first one too succeed!
I always had a feeling that bank chain was going to go out of business sooner or later, their logo always looked exactly like Team Rocket's from Pokémon, not exactly something I would trust with my money.
Most if not all regional banks will be going under.
Hot Take
🤦🏾♂️‼️
Don’t launder
drug money 😕
Nugan-Hand.
🎉
All my money is in Bitcoin 😮
Good luck when the grid goes down.
@@cockyhemi-123 got plenty of ammo too
Bitcoin is great, but dude you gotta diversify… get some gold and cash …. Cash was spendable through the depression.
Pray for Jamie Dimon and all the banksters this year.
If you don't have any silver bullion or coins, you had better get some!
I used to hate getting those annoying Canadian coins that look like ours... Now for some reason there are none to be had? Story of my life!
Bitcoin!
No necromancers cannibals or zombies