PHILADELPHIA, April 11, 2016 /PRNewswire/ -- Republic
First Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic
Bank, has opened two new stores on the same day – one in
Washington Township, NJ and one in
Wynnewood, PA. The Washington Township store is located at 401
Ganttown Road and the Wynnewood
store is located at 35 East Wynnewood Road. Spurred by communities
throughout the region embracing Republic Bank's Customer-centric
philosophy, this is the second time in less than one year that the
bank has opened two new stores on the same day.
Building on Republic Bank's revolutionary banking experience,
the two new stores will feature the bank's signature, all-glass
cube design, creating an unparalleled level of service and
convenience for Customers. As with all Republic Bank locations,
every detail of the new stores focuses on exceeding Customers'
expectations, whether banking alone, with family or even with a
pet. Over the past three years, Republic Bank has opened similar
locations in New Jersey as a part
of its growth plan, coined "The Power of Red is Back." The
Wynnewood store is the first of
its kind in Pennsylvania.
"We are proud to open these two locations and serve Customers –
new and existing – in Washington
Township and Wynnewood,"
said Harry Madonna, Chairman and
Chief Executive Officer of Republic Bank. "We look forward to
expanding our presence and developing new relationships with
Customers on the Main Line and throughout Washington Township. It is always our goal to
provide the highest level of customer service and convenience, and
the grand opening of these stores will enable us to continue to
exceed expectations and deliver exceptional banking experiences to
more community members."
Building on the momentum of its aggressive growth plan, Republic
Bank continues to rapidly expand its regional footprint with its
additional new store openings planned for later this year in
Moorestown, Medford, and a second store in Cherry
Hill, NJ. As one of the largest Philadelphia-based retail
banking institutions with 18 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.
For more information about Republic Bank visit
myrepublicbank.com.
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 eighteen offices located
in Abington, Bala Cynwyd, Media, Philadelphia, Plymouth Meeting and Wynnewood, Pennsylvania and Berlin, Cherry
Hill, Haddonfield,
Glassboro, Marlton, Voorhees, and Washington Township, 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.