Fulton Financial Corporation (NASDAQ: FULT), through its subsidiary Fulton Bank, N.A., has completed a significant transaction involving the acquisition of substantially all assets and the assumption of nearly all deposits of Republic First Bank, known as Republic Bank, from the Federal Deposit Insurance Corporation (FDIC). This major deal, which has received all necessary regulatory approvals […]
Fulton Financial Corporation has completed the previously announced $142.1 million acquisition of Prudential Bancorp, a Philadelphia-based bank holding company. The stock and cash transaction was announced in March 2022. In June 2022, it was approved by shareholders of Prudential Bancorp. Prudential Bank, which is the subsidiary of Prudential Bancorp, will operate as an independent subsidiary […]
Fulton Financial Corporation said that shareholders of Prudential Bancorp have voted to approve the former’s previously announced $142.1 million acquisition of the latter and its subsidiary. The stock and cash deal was announced in March 2022. Located in Philadelphia, Prudential Bancorp secured over 98% of the votes in favor of the deal. E. Philip Wenger […]