PHILADELPHIA, July 7 /PRNewswire-FirstCall/ -- Republic Bank
(Nasdaq: FRBK) today announced that it has received all regulatory
approvals and will open its Haddonfield,
NJ office on September 3,
2010.
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Located at 30 Kings Highway East, Haddonfield, NJ this will be the first new
look Republic Bank office, featuring 7 day branch banking, the
Magic Money Machine and instant issue credit and debit cards.
As the second Republic Bank branch in South Jersey, Haddonfield will be the first of expansion
throughout Southern New Jersey,
including Cherry Hill,
Voorhees and Washington Township.
Manager of the new office will be Haddonfield resident, Jackie Russell, formerly manager of the Commerce
Bank (now TD Bank) Haddonfield
office.
Rob Worley, formerly the South
Jersey Regional Manager of Commerce Bank (now TD Bank) will lead
Republic Bank in South Jersey with a full range of commercial and
retail services.
Harry D. Madonna, Chairman and
CEO of Republic Bank commented, "With the opening of our new
Haddonfield office, the Power of
Red is Back."
About Republic Bank
Republic Bank is the new operating name for Republic First Bank.
Republic 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 twelve offices located
in Abington, Ardmore, Bala
Cynwyd, Plymouth Meeting,
Media and Philadelphia, Pennsylvania and Voorhees, New Jersey.
Forward Looking Statements
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 Bank