Republic First Bank Seized, Sold to Fulton Bank in First US Bank Failure of 2024
The failure of Republic Bank marks another significant event in the US regional banking sector, following the collapses of Silicon Valley Bank, Signature Bank, and First Republic Bank. This article delves into the implications for Republic Bank customers, including deposit insurance coverage, branch access, and contact information for inquiries. Furthermore, it examines the broader impact on the banking industry and the role of the FDIC in stabilizing troubled financial institutions.