Following a turbulent period in the American banking system, Republic First Bank of Philadelphia, also known as Republic Bank, was seized by the Pennsylvania Department of Banking and Securities and officially declared bankruptcy.  From now on, the branches of this bank will operate under the management of Fulton Bank.

That's unfortunate news for Republic First Bank and its customers. Transitioning under the management of Fulton Bank might bring some stability to the branches and reassure customers about the safety of their accounts and services