According to the Associated Press on April 26, US regulators shut down Republic First Bank, a regional bank operating in Pennsylvania, New Jersey, and New York. The Federal Savings Insurance Company said on the 26th that it has taken over the bank headquartered in Philadelphia. As of January 31, the bank had about $6 billion in assets and $4 billion in deposits. According to the Federal Savings Insurance Company, Fulton Bank, headquartered in Lancaster, Pennsylvania, agreed to take almost all of the bank's deposits and buy almost all of its assets. The 32 branches of First Republic Bank will reopen as branches of Fulton Bank as early as the 27th. (Reference message)