We have the first bank failure of the year. I suspect we will see more such failures over the next few months.
1 posted on
04/26/2024 5:33:36 PM PDT by
CFW
To: CFW
Bidenomics continuing to be the curse of the nation.
To: CFW
There was a First Republic bank here in CA. The FDIC sold it to JPMorgan last year. Now it’s Republic First. Maybe the FDIC doesn’t like the the Republic. Or the First.
3 posted on
04/26/2024 5:38:04 PM PDT by
monkeyshine
(live and let live is dead)
To: CFW
What about “Fred’s Bank”....
“Hi, I’m Fred. I have a bank. You’ve got $1500? Ahhhh I’ll put it here, in my white suit...White suit, front pocket.”
6 posted on
04/26/2024 5:59:25 PM PDT by
dfwgator
(Endut! Hoch Hech!)
To: CFW
Looks like the acquiring bank took most of the loans. “Fulton Bank, National Association (N.A.), Lancaster, PA, assumed substantially all deposit accounts and substantially all the assets.”
7 posted on
04/26/2024 6:06:48 PM PDT by
PAR35
To: CFW
8 posted on
04/26/2024 7:23:06 PM PDT by
SaveFerris
(Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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