PHILADELPHIA, April 29, 2015 /PRNewswire/ -- Republic First
Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank,
today announced that Eric Tweer was named Vice President Commercial
Lender for Pennsylvania. In this
role, Tweer will develop commercial lending opportunities for
Republic Bank throughout the Delaware Valley. Most recently, Tweer
was a Commercial Lender at Citibank where he executed on a
strategic business plan to grow portfolio assets by marketing to
multi-national commercial clients.
Prior to his time at Citibank, Tweer served as Vice President of
Commercial Banking at TD Bank. While at TD Bank, he contributed to
the success of the bank's middle market lending portfolio by
cultivating high quality new credit opportunities while focusing on
long-term relationship building through providing elite customer
service.
"Eric Tweer brings twenty years of diverse lending experience to
his new role, making him an ideal candidate for the position," said
Harry Madonna, Chairman and CEO of
Republic Bank. "He has worked at a number of banking institutions
across the Philadelphia region,
and has an excellent track record for building strong relationships
with a variety of sophisticated clients. Eric's passion for client
service and work ethic will be invaluable as we continue our
expansive regional growth."
Tweer commented, "I am thrilled to be joining the Republic Bank
team, especially during a time when it is experiencing such
impressive growth. I look forward to embracing the bank's
Customer-centric philosophy to provide our clients throughout
Pennsylvania with the highest
level of service and convenience."
Building on the momentum of its aggressive growth plan, coined
"The Power of Red is Back," Republic Bank continues to rapidly
expand its regional footprint with new stores under construction in
Evesham Township and Berlin, NJ. New store locations are
planned for the next year in Washington
Township, Moorestown,
Medford, Gloucester Township and a second store in
Cherry Hill, NJ. In
addition, relocation is underway of its Ardmore store to an innovative all-glass store
in Wynnewood, PA. As one of the
largest Philadelphia-based retail
banking institutions with 15 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 15 offices located in Abington, Ardmore, Bala
Cynwyd, Plymouth Meeting,
Media and Philadelphia, Pennsylvania and Glassboro, Cherry
Hill, Voorhees and
Haddonfield, New Jersey.
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.
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SOURCE Republic First Bancorp, Inc.