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Comment on Republic First Bank Seized by Regulators–First Bank Collapse of 2024

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How funny that First Republic bank failed last year, and Republic First fails this year.

Maybe customers mistook the latter for the former and started pulling their deposits..

There's also a First Citizens and Citizens First bank. And Citizens bank.

Also two First Banks.

https://localfirstbank.com/about-us/

https://www.firstbankonline.com/about-2/

I like the giant yellow header on this bank's website:

https://www.republicbank.com

REPUBLIC BANK & TRUST COMPANY - HEADQUARTERED IN LOUISVILLE, KY - IS NOT RELATED TO REPUBLIC FIRST BANK. We are not affiliated in any way with Philadelphia-based Republic First Bank, which does business as Republic Bank.

Oh, it gets worse. There are multiple distinct City National Bank(s), but in different service areas (except Florida where there is overlap and one operates as CN Bank, despite City National Bank of Florida being 1-state and not national).

Not to be confused with the defunct National City Bank.

https://www.bankatcity.com/

https://www.cnb.com/

https://www.citynational.com/

https://en.m.wikipedia.org/wiki/National_City_Corp.

I feel like there are a lot of churches with similar names. Is this just an older institution thing ? Before the internet, was it best to have similar names ?

Not to be confused with the defunct National City Bank.

Or with Citi Bank.

Thanks for the clear up I was confused myself.

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