Republic Bank Announces Growth in Bucks County
September 16 2020 - 10:24AM
Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of
Republic Bank, today announces its continued growth in Bucks County
with the Grand Opening of a new all-glass store in Bensalem, PA.
The new location marks the bank’s third location in Bucks County,
with stores recently opened in Fairless Hills and Feasterville.
Ranked America’s #1 Bank for Service, according
to Forbes, Republic Bank began welcoming customers to its new store
in Bensalem on Saturday, September 12 with an official
ribbon-cutting ceremony attended by Bensalem Mayor Joseph
DiGirolamo. Republic Bank’s rapidly expanding Bucks County
footprint will be managed by Kathy Geissel, Retail Market Manager
and Kevin Komelasky, Relationship Manager. A former Commerce Bank
executive, Geissel brings more than four decades of local banking
experience and deep connections to the business community.
Komelasky also traces his banking roots to Commerce Bank, where he
developed a strong track record for growing deposits and loans.
“As other banks withdraw from communities and
cut services, we’re growing as our customer-centric model, which is
resonating with customers in every region we serve,” said Vernon W.
Hill, II, Chairman, Republic Bank. “After being named America’s #1
Bank for Service, we are thrilled to keep turning customers into
FANS throughout Bucks County and beyond.”
Republic Bank continues to expand its footprint
throughout Philadelphia, Southern New Jersey and New York City as
part of its “The Power of Red is Back” growth plan. Republic Bank’s
31 stores are open seven days a week, 361 days a year, with
extended lobby and drive-thru hours, providing customers incredible
convenience and flexibility. The bank also offers absolutely free
checking, 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 31 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.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/14981d36-eeb3-4e35-b4b0-10f1cadfa837
CONTACTKelli
Sheatsley610-349-6910
Republic First Bancorp (NASDAQ:FRBK)
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