PHILADELPHIA, April 21, 2016 /PRNewswire/ -- Republic
First Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic
Bank, today announced that Jerry
Bresser has been named Vice President and Commercial Lender
for the Pennsylvania market. In
this role, Bresser – who has nearly 20 years of local banking
experience – will work to identify commercial lending opportunities
for Republic Bank.
Prior to joining Republic Bank, Bresser worked for Commerce
Bank, where he was hired in 2000 as a credit analyst and quickly
advanced to a position in Middle Market/Healthcare Lending. Most
recently, Bresser served as a Commercial Loan Officer for TD Bank,
working throughout Delaware and
Chester Counties and specializing in small business lending. A
graduate of Rutgers University, he
began his career at Bloomberg Financial Markets in Princeton.
"We are excited to welcome Jerry
Bresser as a new member of Republic Bank's rapidly expanding
team," said Harry Madonna, Chairman
and CEO of Republic Bank. "His addition to our lending department
strengthens an already successful team and with nearly two decades
of banking experience in Delaware
and Chester Counties, the relationships he has built will be
invaluable to Republic's continued success."
"I am thrilled to begin this new role at Republic Bank," said
Bresser. "The bank's strong growth is a testament to how they treat
their Customers, offering absolute convenience and fanatical
customer service. I look forward to working with an exceptional
group of banking professionals and utilizing my previous experience
to build strong relationships with business owners throughout the
region."
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.
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, Plymouth Meeting, Media, Wynnewood and Philadelphia, Pennsylvania and Berlin, Cherry
Hill, Glassboro,
Haddonfield, 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.