Economy / FinanceJust In - ClassifiedNorth America

10,000M$ Bank Shut Down by U.S. Regulators in First Bank Failure of 2024

QNavyBy
0
Post Views: 235

US regulators just announced the first bank failure of 2024. The FDIC says it has stepped in to protect $6 billion in assets and $4 billion in customer deposits at Philadelphia-based Republic Bank FDIC Press release Apr. 26: ‘Fulton Bank, N.A. of Lancaster, Pennsylvania Assumes Substantially All Deposits of Republic First Bank, Philadelphia’   The assets will be immediately handed over to Fulton Bank, a former rival that’s also located in Philadelphia. “Republic Bank’s 32 branches in New Jersey, Pennsylvania and New York will reopen as branches of Fulton Bank on Saturday (for branches with normal Saturday hours) or on…

This content is for Q17c Membership, Classified Membership, and LifeTime Patriot Membership members only.
Login Join Now
QNavy
QNavy is a pool of 3 former Navy Officers, U.S. Navy & French Navy, who served proudly their countries, specialized in conflict analysis as per their respective skills & experience on Special Ops. #NavyVetUnited

[UPDATE-Day 205-Apr 28-21:00Z] Israel-Iran War, Gaza and Hamas: Real Time Reaction and Analysis

Previous article

Restored Republic via a GCR: Update as of April 28, 2024

Next article

You may also like

Comments

Comments are closed.

More in Economy / Finance