Bank failure in Philly. Signs of a terrible economy?

[JackOfNoTrades]

Biden's

Yeah. Given the OP, I kinda figured that was the endgame.

 

[JackOfNoTrades]

These endless lies get people exterminated. Progs framed their COVID solutions before when Joe was installed. They lied again.

Except the supposed response had to be crafted and implemented by other people...when Donny was still El Prez...cause he wasn't up to the task.

 

[Harpy Eagle]

Philadelphia-Based Republic First Bank Collapses in First Bank Failure of 2024

The FDIC entered into an agreement with Fulton Financial to assume the deposits and assets of the failed bank.

www.theepochtimes.com

It does not look good, that is for sure.

Why do banks collapse?

Banks fail all the time, and every time one does you sheep try to make it out to be the end of the world

 

[Billiejeens]

Make up any statistics that make you feel better, but I don’t see much real in your “real world”.

That's on you.

 

[BluesLegend]

..and what of next month? The trend is up and points to re-election for Joe.

 

[citygator]

Also:

Rule #13: Every original post posted as a question is always answered “NO”. It never fails.

 

[eagle7-31]

Philadelphia-Based Republic First Bank Collapses in First Bank Failure of 2024

The FDIC entered into an agreement with Fulton Financial to assume the deposits and assets of the failed bank.

www.theepochtimes.com

It does not look good, that is for sure.

Why do banks collapse?

This bank is only about 4 or 5 years old. From what I was told by someone who did some business with them the people who started the bank were former employees of TD bank and wanted to take TD bank over, but came up short so to speak.