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Fulton Financial (FULT) Receives Regulatory Approvals for Prudential Bancorp (PBIP) Acquisition

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Fulton Financial Corporation Receives Regulatory Approvals for Prudential Bancorp, Inc. Acquisition

May 23, 2022 8:30 AM EDT

LANCASTER, Pa. & PHILADELPHIA--(BUSINESS WIRE)-- Fulton Financial Corporation (NASDAQ: FULT) (Fulton) is pleased to announce that both the Federal Reserve Bank of Philadelphia and the Pennsylvania Department of Banking and Securities have approved the respective applications by Fulton to acquire Prudential Bancorp, Inc. (NASDAQ: PBIP) (Prudential) and, indirectly, to acquire Prudential Bank, located in Philadelphia.

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