US Regulators Seize Republic First Bancorp, Fulton Bank Steps In As Buyer Amid Regional Banking Woes

Regulators decided to seize Republic First after more than two years of turbulence, and reached an agreement with Fulton Bank to assume all of its deposits and 32 branches......»»

The banking legend has taken the reins of Republic First Bancorp, where he already served as chairman and strategic engine......»»

Triad credit unions and banks are positioning themselves to capitalize on any potential cracks in the regional banking industry left behind by the departure of BB&T Corp.'s headquarters......»»

Mark Nurdin announced his resignation from Bank of Texas on LinkedIn after 14 years as the bank's CEO and president in Fort Worth. Read on to learn more about the changes at the 12th-largest bank in Dallas-Fort Worth......»»

After assuming the deposits of the failed Republic First, Fulton is expected to move up several spots in the Philadelphia region for deposit share. It will also most likely consolidate some of its combined 80 branches in the region......»»

Old National hired Christine Hobrough as its community banking president. She previously worked for U.S. Bancorp......»»

BAKERSFIELD, Calif., April 15, 2021 /PRNewswire/ -- Valley Republic Bancorp (the "Company") (OTCQX:VLLX), the parent company of Valley Republic Bank (the "Bank"), today announced its financial results for the quarter ended March 31, 2021. 1st Qu.....»»

Exchange-traded funds with exposure to community banks outperformed Thursday on growing signs of inflation in the economy. The SPDR S&P Regional Banking ETF and the iShares U.S. .....»»

Panel of experts: John Castellano - SVP, Regional Manager; Commercial Banking Bank of Texas - John began his banking career more than 30 years ago at Hibernia National Bank in New Orleans LA starting in small business and evolving through Comm.....»»

DUNMORE, Pa., April 29, 2020 (GLOBE NEWSWIRE) -- Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) and its banking subsidiary The Fidelity Deposit and Discount Bank, announced net income for the quarte.....»»

Fifth Third Bank is adding nearly 1,000 jobs amid the ongoing coronavirus pandemic. On Monday, the Cincinnati-based bank said the hiring spree will "provide essential banking services to customers and offer new career opportunities for those searching f.....»»

Fifth Third Bank is adding nearly 1,000 jobs amid the ongoing coronavirus pandemic. Cincinnati's largest local lender (Nasdaq: FITB) said the hiring spree will "provide essential banking services to customers and offer new career opportunities for.....»»

Fifth Third Bank is adding nearly 1,000 jobs amid the ongoing coronavirus pandemic. On Monday, Cincinnati's largest local lender (Nasdaq: FITB) said the hiring spree will "provide essential banking services to customers and offer new career opportu.....»»

UBS Group intends to pay its 2019 dividend, the Swiss bank said on Monday, despite guidance from markets supervisor FINMA, the Swiss government and international banking groups to limit payouts as the coronavirus outbreak hits the global economy......»»

U.S. regulators are considering giving banks additional regulatory points for lending to mid- to low-income Americans hurt by the coronavirus, as they seek to mitigate the economic impact of the pandemic, an official within a banking agency told Reuters......»»

U.S. regulators are considering issuing guidance that would encourage lenders to offer loans to low-income individuals and to provide leniency on some repayments amid the coronavirus pandemic, an official within a banking agency told Reuters......»»

Banks are talking up their online and mobile banking capabilities to customers as more Americans look to avoid public places amid the coronavirus outbreak......»»

The KBW Bank Index, which includes JPMorgan Chase, Bank of America, Wells Fargo and 21 other banking stocks such as regional giant Truist, has plunged by more than 22 percent over the past two weeks -- twice the decline of the S&P 500......»»

OAK RIDGE, N.C., Feb. 04, 2020 (GLOBE NEWSWIRE) -- Oak Ridge Financial Services, Inc. (the "Company") (OTC:BKOR), the parent company of Bank of Oak Ridge (the "Bank"), .....»»

China's central bank injected 500 billion yuan ($71.21 billion) worth of liquidity into the banking system Tuesday via reverse repurchase agreements after offering a large amount of funds a day early......»»