PHILADELPHIA, May 6, 2015 /PRNewswire/ -- Republic First
Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank,
today announced that Jackson Taylor
was named Vice President Commercial Lender for Pennsylvania. In this role, Taylor will
identify Pennsylvania-based
lending opportunities in commercial industries for Republic Bank.
Most recently, Taylor was an Assistant Vice President Commercial
Lender at Firstrust Bank where he focused on growing the
organization's commercial line of business through developing
strong relationships with customers.
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During his tenure at Firstrust, Jackson held various roles
including Branch Manager and most recently Commercial Lender.
In his role as Commercial Lender he was responsible for developing
new business relationships in the Northeast Philadelphia market. As a
valued member of his town, and falling directly in line with
Republic Bank's community focus, Taylor is a board member for
Diversified Community Services, a non-profit organization providing
a variety of social services to the Point
Breeze community in South
Philadelphia.
"Jackson Taylor brings a unique
set of skills to Republic Bank that perfectly aligns with our
Customer-centric focus," said Harry
Madonna, Chairman and CEO of Republic Bank. "We are thrilled
to have him on board our expanding team."
Taylor noted, "As one of the fastest growing banking
institutions in the region, I'm incredibly excited to be joining
Republic Bank's rapidly growing team. Republic Bank's acute focus
on exceeding Customers' expectations and improving the communities
it serves aligns perfectly with my own values, and I'm honored to
be part of such a dynamic company."
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.