Republic Bank Hires Regional Vice President for New York
July 29 2020 - 11:19AM
Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of
Republic Bank, today announced the hiring of Daniel Markus as
Regional Vice President for the New York market. In his new
position, Markus will be responsible for managing customer
relationships and driving loan and deposit growth in the New York
Market.
“Daniel is a strong addition to our rapidly
expanding New York-based team,” said Vernon Hill, Chairman of
Republic Bank. “His lending track record and deep business
relationships throughout the New York metropolitan area will help
propel our continued growth in the region. After recently being
named America’s #1 Bank for Service, we are confident that Daniel
will help us turn even more Republic Bank customers into FANS.”
Markus brings significant experience to this
role having managed a broad spectrum of industries in the Long
Island, New York City and New Jersey Markets. He previously served
as a First Vice President of Commercial Lending for Valley National
Bank, where he led a team which closed on $300 million in new
loans. Prior to this position, he was a Senior Associate at Marks
Paneth for several years. Markus holds an MBA from Providence
College.
“In a short period of time, Republic Bank has
established itself as best in class in the New York City market,”
said Markus. “I’m thrilled to help build on this momentum,
introducing more New Yorkers to the best banking experience across
every channel.”
The bank’s New York City stores at 14th Street
and 5th Avenue and 51st Street and 3rd Avenue opened in July and
November 2019, respectively. A third location in the city is
planned for 2021.
In 2020, Republic Bank was named America’s #1
Bank for Service in a national consumer satisfaction survey.
Whether banking in-person, online, via mobile or over the phone,
the bank delivers an unmatched customer experience and its modern
stores, long hours, dog-friendly policies and free services such as
coin counting set it apart from competitors large and small.
Republic Bank continues to expand its footprint throughout
Philadelphia, Southern New Jersey and New York City as part of its
“The Power of Red is Back” growth plan. Republic Bank’s 30 stores
are open seven days a week, 361 days a year, with extended lobby
and drive-thru hours, providing customers incredible convenience
and flexibility. The bank also offers absolutely free checking,
ATM/Debit cards and credit 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 30 offices
located in Atlantic, Burlington, Camden and Gloucester Counties in
New Jersey; Bucks, Delaware, Montgomery and Philadelphia Counties
in Pennsylvania and New York County in New York. The bank also
offers a wide range of residential mortgage products through its
mortgage division, Oak Mortgage Company. For more information about
Republic Bank, please visit www.myrepublicbank.com.
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.
CONTACTCarly
Colomboccolombo@briancom.com
Republic First Bancorp (NASDAQ:FRBK)
Historical Stock Chart
From Aug 2024 to Sep 2024
Republic First Bancorp (NASDAQ:FRBK)
Historical Stock Chart
From Sep 2023 to Sep 2024