Regulators close Republic First Bank, marking first US bank failure this year

Streaming now at abc7chicago.com/watch/live/11....
Regulators have closed Republic First Bank. It is the first U.S. bank failure this year. abc7chicago.com/republic-firs...

[@commonsense504]

Isn't the FDIC standing on a 10 to 1 (or more) deficit on the total, supposedly insured deposits in US banks presently?
Time to pull your $$ out folks while you still can.

[@oaba201]

Fulton Financial next

[@Knife_Collector]

There will be many more this year... all part of the plan.

[@rickhayes-oh2zm]

higher for longer

[@Robert-se7ds]

Republic bank closed because of poor board decisions Norcross should have left it in Vernon Hills hands I knew it I worked there as a SR Manager When Vernin was removed from the board it was only a matter of time before it was sold or went under lol ITS CALLED KARMA and a lot of the C Level Execs were canned as well it was TFF

[@theoriginal7381]

Congratulations Bidenomic's to the rescue 🤡🤡🤡