PYMNTS-MonitorEdge-May-2024

Republic Bank

FDIC’s Resolution Rule Spotlights Specter of Large Bank Failures and Megamergers
FDIC’s Resolution Rule Spotlights Specter of Large Bank Failures and Megamergers
June 21, 2024  |  Bank Regulation

Last year marked a seismic shift in financial services — as five bank failures tested the ways and means at the disposal of government and...

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Republic First Sold to Fulton in Latest Regional Bank Failure
Republic First Sold to Fulton in Latest Regional Bank Failure
April 28, 2024  |  Banking

Philadelphia-based lender Republic First Bancorp has been sold after being seized by regulators. Fulton Bank, another Pennsylvania financial institution, has agreed to acquire the lender — which...

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Report: FDIC Seeking Buyers for Republic First Bancorp
Report: FDIC Seeking Buyers for Republic First Bancorp
April 24, 2024  |  Banking

The Federal Deposit Insurance Corp. (FDIC) is reportedly in talks with potential buyers for Republic First Bancorp., a Philadelphia regional bank that does business as Republic Bank. The...

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US Bank Deposits Rise, Signaling Easing of Pressure From Withdrawals
US Bank Deposits Rise, Signaling Easing of Pressure From Withdrawals
June 23, 2023  |  Banking

Deposits at U.S. banks rose last week but remain below where they were in March. The deposits rose to $17.22 trillion in the week ended...

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Republic First Bancorp Names New CEO and CFO
Republic First Bancorp Names New CEO and CFO
December 22, 2022  |  Personnel

Republic First Bancorp has appointed a new CEO and chief financial officer (CFO). The holding company for Republic First Bank d/b/a Republic Bank said in...

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Republic Bank Launches Bank Tech Incubator
Republic Bank Launches Bank Tech Incubator
May 31, 2022  |  Investments

Republic Bank & Trust Company has launched a bank tech incubator to support technology companies and their products, the company announced Tuesday (May 31). “The...

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Green Dot To Buy Republic Bank’s Tax Refund Business For $165 Million
Green Dot To Buy Republic Bank’s Tax Refund Business For $165 Million
May 14, 2021  |  Partnerships / Acquisitions

Green Dot Corporation will buy the “assets and operations” of Republic Bank & Trust Company’s Tax Refund Solutions (TRS) business segment under an agreement between...

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