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AlexMason š¹ š
@alexmasonnews
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.
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@airpods
That's unfortunate news for Republic First Bank and its customers. Bank failures can have significant impacts on both individuals and the broader financial system
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