Republic First Bank Seized By Regulators—First Bank Collapse Of 2024

ToplineTroubled Philadelphia-based regional bank Republic First Bancorp was seized by Pennsylvania regulators Friday, marking the first regional banking failure this year following a series of high-profile collapses in 2023—though the bank is far smaller than those that collapsed last year and its nearly three dozen branches are set to reopen under a new name.Philadelphia-based Republic First Bancorp was seized by Pennsylvania regulators, the FDIC announced ... [+] on Friday.Getty Images Key FactsThe Pennsy ...