Fulton Bank /
Republic Bank
Fulton Bank takes over Republic Bank assets and deposits
What happened
Fulton Bank, National Association acquired substantially all of the assets and assumed substantially all of the deposits and certain liabilities of Republic Bank from the Federal Deposit Insurance Corporation, effective April 26, 2024.
The acquired assets had a fair value of $4.8 billion, and Fulton Bank also assumed approximately $5.6 billion in liabilities.
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Fulton Bank takes over Republic Bank assets and deposits
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