PHILADELPHIA, Jan. 12, 2016 /PRNewswire/ -- Republic First
Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank,
today announced that Donna Olsen was
named Store Manager for its new Washington Township, New Jersey location. In
this role, Olsen will rely on her previous banking experience,
spanning more than two decades, to strategically plan for the
store's future and lead its employees in delivering Republic Bank's
legendary customer service.
"At Republic Bank, we are committed to excellence and
continually strive to deliver an exceptional banking experience to
our Customers," said Harry Madonna,
Chairman and CEO of Republic Bank. "Donna
Olsen joins us as Store Manager with over 19 years of
experience and the ability to coach and motivate our employees. We
are pleased to add Donna to our dynamic team, and know that her
contributions will greatly benefit Republic Bank."
In her 24 years in the industry prior to joining Republic Bank,
Olsen was a Store Manager at Commerce Bank, where she managed
stores in both Washington Township
and Marlton, and she continued to
serve the South Jersey region when she transitioned to TD Bank.
When Olsen began her career as an assistant store manager for
Commerce Bank, she was provided opportunities to engrain herself
into the communities in which she worked each day. It was here that
she first became involved with the Washington Township Chamber of Commerce and
Washington Township Rotary, making her a fit with Republic Bank's
community-centric values.
"As Republic Bank continues its rapid regional expansion, I am
thrilled to join its incredibly talented and fast-growing team,"
said Olsen. "In my new role as Store Manager, I look forward to
embracing Republic Bank's values to deliver the best banking
experience possible, exceeding Customer's expectations every
day."
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 its new store under construction
in Washington Township, NJ. New
store locations are planned for the next year in 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 17 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 seventeen offices
located in Abington, Ardmore, Bala
Cynwyd, Plymouth Meeting,
Media and Philadelphia, Pennsylvania and Berlin, Cherry
Hill, Glassboro,
Marlton, 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.