Regulators close Philadelphia-based Republic First Bank, first US bank failure this year
FILE - The Federal Deposit Insurance Corporation (FDIC) seal is shown outside its headquarters, March 14, 2023, in Washington. Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New York. The FDIC said Friday, April 26, 2024, it had seized the Philadelphia-based bank, which had roughly $6 billion in assets and $4 billion in deposits as of Jan. 31. (AP Photo/Manuel Balce Ceneta, File)
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