PHILADELPHIA, Sept. 13,
2017 /PRNewswire/ -- On Saturday,
September 9, Republic First Bancorp, Inc. (NASDAQ: FRBK),
the parent company of Republic Bank, opened a new store at 2 Skeet
Road in Medford, NJ. Featuring the
bank's signature all-glass cube design, this marks the third
location opened this year in South Jersey – including the recently
opened Sicklerville store and the
bank's second location in Cherry Hill. The bank plans to open
one more store this year in Fairless
Hills, PA with additional stores planned in early 2018
including Gloucester Township, and
Lumberton, NJ. Republic Bank
continues its rapid expansion throughout the Greater Philadelphia region.
![Republic Bank Logo. (PRNewsFoto/Republic Bank) Republic Bank Logo. (PRNewsFoto/Republic Bank)](https://mma.prnewswire.com/media/321352/republic_bank_logo.jpg)
"As our growth strategy continues to build momentum, it's
rewarding to see how strongly our customer-centric service model is
resonating throughout the region," said Harry D. Madonna, Chairman and CEO of Republic
Bank. "By providing Burlington
County with increased access to Republic Bank's convenient
banking services, we look forward to exceeding the expectations of
customers in Medford and its
surrounding communities."
Building on the momentum of its aggressive growth plan, referred
to as "The Power of Red is Back," Republic Bank continues to
rapidly expand its regional footprint. As one of the
largest Philadelphia-based retail banking institutions with 22
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 22 offices located in
Burlington, Camden, and Gloucester Counties in New Jersey and Delaware, Montgomery and Philadelphia Counties in Pennsylvania.
In addition, Republic Bank offers a wide range of mortgage products
through its wholly owned subsidiary, Oak Mortgage Company
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 Bank