49 Another bank failure. First Republic Bank. (en-volve.com) posted 30 days ago by SkiSkiUSMC 30 days ago by SkiSkiUSMC +50 / -1 BREAKING NEW BANK FAILURE: Republic First Bank Collapses, Seized By Regulators I wish I wasn’t right about this, but I’ve been warning you….The Bank Failures of 2023 are not over.I told you that over and over, and sadly I’ve just been proven right.Republic First Bank has failed and been taken over by regulators.JUST IN: Republic Firs... 8 comments share 8 comments share save hide report block hide replies
I thought first republic failed last summer
That was First Republic Bank in California, yes - May 1st, 2023 (so nearly a year ago). This is Republic First Bank out of Pennsylvania and they've already been approved to be taken over by another bank (Fulton).
https://nypost.com/2024/04/26/business/philly-lender-republic-first-bancorp-seized-by-feds-in-latest-regional-bank-collapse/
Oh. I thought they were all connected. Thanks for the info.