by Alex Lloyd Gross
Republic bank is the first bank to fail in 2024. The branches and assets will be handled by Fulton Bank, in a deal reached by FDIC. Customer will not have anything to worry about. Their money is safe. Slowly, the Republic bank brand will disappear.
Measurements will be taken to get the exact dimensions for signage and then existing Republic Bank signs will be either covered over or taken down. The last figures available for Republic Bank show $6 billion in asserts as of Jan 21, 2024. They had 32 branches in this region.
Republic Bank used to have community outreach teams where they would go to different events and give away trinkets branded Republic Bank. Fulton Bank is based in Lancaster. It is unknown if any branches will close .