Regional bank has abruptly shut 18 branches across three states - here's the full list

Fulton Financial is group to adjacent 18 slope branches aft its acquisition of Republic First earlier this year.

The closures will encompass 5 Republic First locations and thirteen of its own. Scroll down to spot nan afloat database and locations. 

Most of nan branches are successful greater Philadelphia and confederate New Jersey.

However, both Republic First branches successful New York city will besides beryllium shuttered. 

Furthermore, Fulton Financial, nan genitor institution of Fulton Bank, will not reopen its branch successful Philadelphia that was temporarily closed aft a h2o main break. 

The effected Fulton financial centers are group to adjacent connected November 22, while nan erstwhile Republic Firstoffices are closing 5 weeks earlier, connected September 16.

'While it's ne'er easy to adjacent financial centers, it's sometimes basal aft we measure factors including overlapping work areas and trends successful really customers behaviour their banking,' a spokesperson for Fulton Financial said successful a statement.

The mostly of branches being closed are wrong 1.5 miles of different Fulton office, nan spokesperson pointed out. 

Fulton Bank acquired Republic First successful April aft winning an auction for its assets.

The 32 erstwhile Republic First Bank branches closed arsenic normal connected April 26 and past reopened nan pursuing time nether Fulton Bank. 

Fulton presently has much than 200 branches crossed nan country. 

The acquisition added $5.2 cardinal to Fulton's equilibrium expanse and helped it to grow successful Philadelphia, a cardinal target area. 

Fulton’s assets were $31.8 cardinal arsenic of June 30, up from $27.4 cardinal a twelvemonth earlier. 

The closures correspond a inclination arsenic awesome banks move distant from expensive brick-and-mortar branches in favour of online services. 

Closures tin lead to important savings since nan mean freestanding slope branch costs astir $2.6 cardinal a twelvemonth to run.