Republic Bank Opens New Store in Feasterville, PA
May 13 2019 - 4:53PM
Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of
Republic Bank, opened a store at 305 E. Street Road in
Feasterville, PA on Saturday, May 11. The location is the latest
addition to the bank’s store network in Bucks County. Republic Bank
is slated to have significant growth in the second half of the year
with four new locations planned, including two in New York City.
“In 2019, Republic Bank is remaining firmly
committed to our ‘The Power of Red Is Back’ expansion plan – giving
more people access to the ultimate convenience and customer service
we’re known for,” said Harry Madonna, Chairman and CEO of Republic
Bank. “We look forward to becoming a part of the community and
assisting Feasterville residents with their personal and business
banking needs.”
At every store opening, Republic Bank partners
with a local non-profit. In honor of the new store in Feasterville,
the bank will make a donation to the Feasterville Fire Company to
show support for the community and the individuals who keep it
safe.
Building on the momentum of its aggressive
growth plan, referred to as "The Power of Red is Back," Republic
Bank continues to rapidly expand its footprint and recently
announced plans to open stores in New York City in 2019. As one of
the largest Philadelphia-based retail banking institutions
with 27 convenient locations regionally, 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 27 offices
located in Atlantic, Burlington, Camden, and Gloucester Counties in
New Jersey and Bucks, Delaware, Montgomery and Philadelphia
Counties in Pennsylvania. 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 Aug 2024 to Sep 2024
Republic First Bancorp (NASDAQ:FRBK)
Historical Stock Chart
From Sep 2023 to Sep 2024