Fulton Financial Corporation
Template:Short description Script error: No such module "Unsubst". Script error: No such module "Infobox".Template:Template otherScript error: No such module "Check for conflicting parameters".Script error: No such module "Check for unknown parameters".
Fulton Financial Corporation is an American regional financial services holding company, headquartered in Lancaster, Pennsylvania.
Fulton Financial Corp. has over $30 billion[1] in assets and operates as Fulton Bank. It has over 200 banking centers that provide financial services throughout Pennsylvania, Maryland, Delaware, New Jersey, New York (until September 2024) and Virginia.[2]
The company engages in five main businesses: Branch Banking, Consumer lending, Commercial Banking, Investment Advisors and Mortgage Services.[3]
Subsidiaries
Banking:
- Fulton Bank
Financial services and brokerage:
- Fulton Financial Advisors, N.A.
Wealth management:
- Fulton Private Bank
Commercial and Small Business Solutions:
- Fulton Bank
- commercial banking
- Republic First Bancorp
Mergers and acquisitions
In fall 2019, Fulton Bank completed its consolidation of The Columbia Bank in Howard County, Maryland. Fulton stated that customers of The Columbia Bank should see minimal changes, other than the bank name.[4]
In 2022, FFC purchased Prudential Bancorp, Inc., (Nasdaq:PBIP) on July 1, and the acquiree's primary subsidiary, Prudential Bank, was merged into Fulton Bank on November 5. Oddly unaffiliated with either PBIP or FFC, a "Prudential Bank" continues to operate in the United Arab Emirates; during operation, Prudential Bank was regional, headquartered in Philadelphia, and had no affiliation with Prudential Financial.[5][6]
On April 26, 2024, the FDIC seized Philadelphia based Republic Bank and transferred almost all $6 Billion of assets to Fulton Bank, doubling its presence in Philadelphia.[7]
Complaints
According to a United States government consumer finance database, the Consumer Financial Protection Bureau (CFPB) has received 64 complaints related to Fulton Financial since May 1, 2017.[8] The complaint subjects include:
- Transaction was not authorized
- Fee problem
- Trouble during payment process
- Problem accessing account
- Funds not received from closed account
- Funds not handled or disbursed as instructed
- Fees charged for closing account
- Money was not available when promised
- Charged too much interest
References
<templatestyles src="Reflist/styles.css" />
- ↑ Script error: No such module "citation/CS1".
- ↑ Script error: No such module "citation/CS1".
- ↑ Script error: No such module "citation/CS1".
- ↑ Script error: No such module "citation/CS1".
- ↑ Script error: No such module "citation/CS1".
- ↑ Script error: No such module "citation/CS1".
- ↑ Script error: No such module "citation/CS1".
- ↑ Script error: No such module "citation/CS1".
Script error: No such module "Check for unknown parameters".
External links
- Script error: No such module "Official website".Script error: No such module "Check for unknown parameters".