Thursday, July 10, 2014
Inquirer Daily News

Metro-Republic deal delayed again

Still waiting for the new Metro Bank

Metro-Republic deal delayed again

Republic First Bank, Philadelphia, and Metro Bank, Harrisburg, have again extended their mid-2008 merger agreement, which has been stalled while they wait for regulators to say Yes, until next March, or maybe June. They've hired, they've put up new signs (the whole 45 branches and $3 billion in loans and investments will be called Metro Bank), but they're still not united. Announcement here.

About this blog

PhillyDeals posts raw drafts and updates of Joseph N. DiStefano's columns and stories about Philly-area finance, investment, commercial real estate, tech, hiring and public spending, which he's been writing since 1989, mostly for the Philadelphia Inquirer.

DiStefano studied economics, history and a little engineering at Penn, taught writing at St. Joe's, and has written the book Comcasted, more than a thousand columns, and thousands of articles, and raised six children with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com or 215 854 5194.

Joseph N. DiStefano
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