Extracted from this filing and checked against the source text.
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.95
FULTON FINANCIAL CORP completed an acquisition involving Republic First Bank, doing business as Republic Bank for Not disclosed (closed 2024-04-26).
- Action
- acquisition
- Counterparty
- Republic First Bank, doing business as Republic Bank
- Consideration
- Not disclosed
- Closing
- 2024-04-26
Exact text from the filing
On April 26, 2024, Fulton Bank, National Association (“ Fulton ”), a wholly owned subsidiary of Fulton Financial Corporation (the “ Company ”), acquired substantially all of the assets and assumed substantially all of the deposits and certain liabilities of Republic First Bank, doing business as Republic Bank (“ Republic Bank ”), from the Federal Deposit Insurance Corporation (the “ FDIC ”), as receiver for Republic Bank (the “ Acquisition ”), pursuant to the terms of the Purchase and Assumption Agreement – Whole Bank, All Deposits, effective as of April 26, 2024, among the FDIC, as receiver of Republic Bank, the FDIC and Fulton Bank (the “ Agreement ”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
FULTON FINANCIAL CORP entered into Purchase and Assumption Agreement – Whole Bank, All Deposits with Federal Deposit Insurance Corporation (FDIC), as receiver for Republic Bank (effective 2024-04-26).
- Action
- entry
- Agreement
- asset purchase
- Counterparty
- Federal Deposit Insurance Corporation (FDIC), as receiver for Republic Bank
- Effective
- 2024-04-26
Exact text from the filing
On April 26, 2024, Fulton Bank, National Association (“ Fulton ”), a wholly owned subsidiary of Fulton Financial Corporation (the “ Company ”), acquired substantially all of the assets and assumed substantially all of the deposits and certain liabilities of Republic First Bank, doing business as Republic Bank (“ Republic Bank ”), from the Federal Deposit Insurance Corporation (the “ FDIC ”), as receiver for Republic Bank (the “ Acquisition ”), pursuant to the terms of the Purchase and Assumption Agreement – Whole Bank, All Deposits, effective as of April 26, 2024, among the FDIC, as receiver of Republic Bank, the FDIC and Fulton Bank (the “ Agreement ”).
View on SEC.gov