Phil DiBerardino, Jersey Shore Banking Veteran, to Join Republic Bank
March 10 2020 - 9:44AM
Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of
Republic Bank, announced the addition of Phil DiBerardino as Senior
Advisor to the Chairman. In this position, Mr. DiBerardino will
play a key role in supporting Republic Bank’s growth in the Jersey
Shore region. Currently, the bank has stores located in Somers
Point and Northfield, NJ.
Mr. DiBerardino joins Republic Bank with more
than 45 years of banking experience. From 1994 to 2008, he served
as Senior Regional Vice President of Commerce Bank. Prior to that,
he held a number of leadership roles at banking institutions
throughout the Jersey Shore region including Coastal State Bank,
Bay State Bank, Mainland Bank and more. Throughout his career, Mr.
DiBerardino has also been highly involved in industry associations.
He was previously Chairman of the New Jersey Bankers Association’s
Legislative Committee, Director of the Cape May County Bankers
Association and a member of several others.
“We welcome Phil DiBerardino back to the Power
of Red,” said Vernon W. Hill, II, Chairman, Republic Bank.
Mr. DiBerardino added, “Vernon Hill is a legend
in the South Jersey banking community. I am excited to work with
him again to strategically grow Republic Bank’s presence on the
Jersey Shore. I look forward to utilizing my breadth of experience
and strong business and civic connections in the region to drive
strong results.”
Building on the momentum of its aggressive
growth plan, referred to as "The Power of Red is Back," Republic
Bank continues to expand its footprint throughout Philadelphia,
Southern New Jersey and New York City. With 30 convenient
locations, Republic Bank stores are open seven days a week, 361
days a year, with extended lobby and drive-thru hours, providing
customers incredible convenience and some of the longest hours in
the region. Whether banking in-store, online or via mobile,
Republic Bank delivers an unmatched customer experience. The bank
also offers absolutely free checking, free coin counting, ATM/Debit
cards and credit 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 30 offices
located in Atlantic, Burlington, Camden and Gloucester Counties in
New Jersey; Bucks, Delaware, Montgomery and Philadelphia Counties
in Pennsylvania and New York County in New York. The bank also
offers a wide range of residential mortgage products through its
mortgage division, Oak Mortgage Company. For more information about
Republic Bank, please visit www.myrepublicbank.com.
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.
SOURCE: Republic First Bancorp, Inc.
CONTACTCarly
Buggycbuggy@briancom.com484-385-2934 (office)
Republic First Bancorp (NASDAQ:FRBK)
Historical Stock Chart
From Apr 2024 to May 2024
Republic First Bancorp (NASDAQ:FRBK)
Historical Stock Chart
From May 2023 to May 2024