PHILADELPHIA, Jan. 28 /PRNewswire-FirstCall/ -- Republic First Bancorp, Inc. (NASDAQ:FRBK), Republic First Bank (PA) is pleased to announce the promotion of Carol Hunter from Vice President and Senior Credit Officer to Senior Vice President and Chief Credit Officer. She has enjoyed a successful long career in banking with more than 20 years established in commercial banking in Philadelphia and the surrounding communities. Since joining the bank in 2007, Ms. Hunter has made great contributions to our Credit Administration Department. We are always pleased when we have the opportunity to promote from within our talented pool of employees. (Photo: http://www.newscom.com/cgi-bin/prnh/20080128/NEM093 ) Prior to joining Republic First Bank, Ms. Hunter held commercial lending and business development positions at both regional and national banks, most recently PNC Bank. Chairman and Chief Executive Officer Harry D. Madonna said, "Carol is one of a growing number of extremely intelligent and hard working executives who have caused, and will continue to assure, the bank's further growth and profitability." Ms. Hunter graduated from Temple University with a Bachelor of Science degree in Business Administration. She currently resides in Mount Laurel, New Jersey. http://www.newscom.com/cgi-bin/prnh/20080128/NEM093 http://photoarchive.ap.org/ DATASOURCE: Republic First Bancorp, Inc. CONTACT: Janine Zangrilli, Human Resource Manager of Republic First Bancorp, Inc., +1-215-735-4422, ext. 5261

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