PHILADELPHIA, March 6, 2017 /PRNewswire/ -- Republic First
Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank,
today announced that Lisa R. Jacobs,
has joined the company's Board of Directors. Jacobs is currently a
Partner at DLA Piper, a leading global law firm specializing in
business law, and is the Chair of its Philadelphia office corporate group. She will
take the place of Robert J. Coleman,
Esq., who is retiring after serving on the Board of
Directors since 2003. Coleman was formerly Chairman and CEO of
Marshall, Dennehey, Warner,
Coleman & Goggin in Philadelphia.
"We are excited to have someone as talented and respected as
Lisa Jacobs joining our Board of
Directors. Her expertise will be instrumental as we continue to
rapidly grow our customer-focused brand throughout the Greater
Philadelphia Region," said Harry
Madonna, CEO of Republic Bank. "Lisa brings a distinctive
and winning energy to our organization – one that will continue to
turn customers into passionate fans of Republic Bank."
Jacobs' impressive professional career spans many industries,
including politics, healthcare, private equity and sports and
entertainment. Her broad experience includes negotiating the
agreement that brought the 2000 Republican National Convention to
Philadelphia and advising
Mario Lemieux and other investors in
the purchase of the Pittsburgh Penguins from bankruptcy.
Exceptionally active in professional associations, Jacobs is an
elected member of the American Law Institute and appointed member
of the Uniform Law Commission, Joint Editorial Board on Uniform
Unincorporated Organizations Acts and Pennsylvania Department of
State Corporations Bureau Advisory Board. She is also a member of
the American Law Institute and the American and Pennsylvania Bar
Associations.
"I'm honored to be elected to Republic Bank's Board of
Directors. With a unique business model providing customers the
highest level of service across every banking channel, it's clear
why Republic Bank is resonating so strongly in each community it
touches. I am excited to play an integral role in the Bank's
continued growth," said Jacobs.
Jacobs' community involvement fills a significant role in her
life. She serves as pro bono counsel to the Museum of the American
Revolution, Teen Cancer America, the People's Emergency Center and
Liberty Steam Fire Engine Company No. 1, the Board of Governors for
the Philadelphia-Freedom Valley YMCA and the Business Law Advisory
Board for the Drexel University College
of Law. After earning her B.S. from the Wharton School at the
University of Pennsylvania and J.D.
from Villanova University School of
Law, Jacobs spent time at Duane Morris LLP and Pepper Hamilton LLP.
She's also earned her certificate from Harvard
University's Comprehensive Leadership Program.
Building on the momentum of its aggressive growth plan, coined
"The Power of Red is Back," Republic Bank continues to rapidly
expand its regional footprint. The bank has plans to open a new
store in Cherry Hill, NJ this spring, along with five other
locations during 2017. As one of the
largest Philadelphia-based retail banking institutions with 19
convenient locations, Republic Bank stores are open seven days a
week, 361 days a year, with extended lobby and drive-thru hours,
providing customers with the longest hours of any bank in the area.
The bank also offers absolutely free checking, free coin counting,
ATM/Debit cards issued on the spot and access to more than 55,000
surcharge free ATMs worldwide via the Allpoint network.
About Republic Bank
Republic Bank is the operating name for Republic First Bank.
Republic First Bank is a full-service, state-chartered commercial
bank, whose deposits are insured up to the applicable limits by the
Federal Deposit Insurance Corporation (FDIC). The Bank provides
diversified financial products through its 19 offices located in
Abington, Bala Cynwyd, Center
City Philadelphia, Mayfair, Media, Plymouth
Meeting, Torresdale and Wynnewood,
Pennsylvania and Berlin,
Cherry Hill, Glassboro, Haddonfield, Marlton, Moorestown, Voorhees and Washington Township, New Jersey.
Forward Looking Statements
Republic First Bancorp, Inc. ("the Company") may from time to
time make written or oral "forward-looking statements", including
statements contained in this release and in the Company's filings
with the Securities and Exchange Commission. These
forward-looking statements include statements with respect to the
Company's beliefs, plans, objectives, goals, expectations,
anticipations, estimates, and intentions that are subject to
significant risks and uncertainties and are subject to change based
on various factors, many of which are beyond the Company's control.
These factors include competition, timing, credit risks of lending
activities, changes in general economic conditions, price pressures
on loan and deposit products, and other factors detailed from time
to time in the Company's filings with the Securities and Exchange
Commission. The words "may", "could", "should", "would", "believe",
"anticipate", "estimate", "expect", "intend", "plan", and similar
expressions are intended to identify forward-looking
statements. All such statements are made in good faith by the
Company pursuant to the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. The Company does not
undertake to update any forward-looking statement, whether written
or oral, that may be made from time to time by or on behalf of the
Company, except as may be required by applicable law or
regulations.
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SOURCE Republic First Bancorp, Inc.