PHILADELPHIA, April 6, 2017 /PRNewswire/ -- Republic First
Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank,
today announced that Leslie DiLuigi
has been named Senior Vice President and Retail Market Manager for
South Jersey. In this role, DiLuigi will oversee deposit growth and
daily store operations throughout the region.
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DiLuigi brings more than 25 years of experience in retail
banking sales, services and operations management to her new
position at Republic Bank. She began her financial services career
with Commerce Bank, now TD Bank, and after years of service, was
appointed Senior Retail Market Manager for the state of
Delaware. She later spent time
working in the human resources department and was promoted to SVP
and Senior Retail Officer for the Vermont and upstate New York markets, a position she held until
2012. She then joined ConnectOne Bank and served as the Senior Vice
President and Head of Branch Administration. In this role, DiLuigi
led the overall retail operations and retail deposit growth, in
addition to managing 23 bank officers, including 20 branch
managers, and approximately 90 branch employees.
"With her extensive background in the financial services
industry and demonstrated leadership skills, Leslie was an ideal
candidate for the Senior Vice President and Retail Market Manager
position," said Harry Madonna,
Chairman and CEO of Republic Bank. "In addition to being an
innovative leader with a proven track record of managing and
growing successful stores, she is committed to providing the best
possible service to our growing Customer base."
"I am thrilled to join the growing Republic Bank team as its
network continues to expand throughout Pennsylvania and New
Jersey," said DiLuigi. "I've spent the bulk of my career
serving Customers in these areas, and I look forward to leveraging
both my experience and my connections to further grow and
strengthen the powerful Republic Bank model."
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. The bank has plans to open a second
location in Cherry Hill, NJ, as well as four other locations
in 2017. As one of the largest Philadelphia-based retail
banking institutions with 19 convenient locations, 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 19 offices located in
Abington, Bala Cynwyd, Center
City Philadelphia, Mayfair,
Media, Plymouth Meeting, Torresdale and Wynnewood, Pennsylvania and Berlin, Cherry
Hill, Glassboro,
Haddonfield, Marlton, Moorestown, Voorhees and Washington Township, New Jersey. In
addition, through its subsidiary Oak Mortgage, Republic First Bank
offers a wide range of mortgage products.
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.
SOURCE Republic First Bancorp, Inc.
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SOURCE Republic First Bancorp, Inc.