Republic First Bancorp (NASDAQ:FRBK) is having a bit of an identity crisis; its name is uncomfortably similar to First Republic Bank (NYSE:FRC), which was the subject of a megabank rescue earlier this month.
To address the confusion between the two names Republic First (FRBK) CEO Thomas X. Geisel plastered a red banner across the company website’s home page: “Republic Bank is aware of recent news regarding the collapse of two major U.S. banks, and want to assure our customers that we remain in a safe and secure environment.”
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