State regulators today closed Republic First Bank, doing business under the Republic Bank brand, in Philadelphia, and appointed the FDIC as receiver. Lancaster, Pennsylvania-based Fulton Bank agreed to assume substantially all of the failed bank’s $4 billion in deposits and to purchase substantially all of its $6 billion in assets. The FDIC estimated that the failure—the first of 2024—will cost the Deposit Insurance Fund $667 million.
ABA DataBank: Credit unions drifting from their core mission
In the first quarter of 2026, tax-exempt credit unions spent a combined $155.2 million on advertising and promotions and account for roughly one-third of the top 15 college sports naming rights agreements.









