Republic First Bank seized by Pennsylvania regulators; sold to Fulton Bank

LilliDay/E+ via Getty Images The Pennsylvania Department of Banking and Securities on Friday shut down Republic First Bank (OTC: FRBK), d/b/a Republic Bank. Although the Philadelphia-based lender had been seeking a buyer and the FDIC was involved in talks with some potential buyers, those discussions fell apart. The failure is the first for a bank … Read more