Republic Bank Hires Vice President and Store Manager for Mayfair and Torresdale Stores

PHILADELPHIA, March 3, 2015 /PRNewswire/ -- Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank, today announced that John W. Woods, Jr. was named Vice President and Store Manager for its Mayfair and Torresdale stores. In this role, Woods will generate new business opportunities and work to increase brand awareness for the growing regional bank. Previously, Woods was Vice President and Store Manager at Commerce/TD Bank where he effectively managed the Bensalem branch, pursued new business opportunities and created banking solutions for small business, commercial and government prospects and clients.

"John Wood's leadership skills and previous banking experience are exactly what we were looking for in a Vice President and Store Manager," said Harry Madonna, Chairman and CEO of Republic Bank. "We knew that we wanted to bring someone on who will not only offer a new, innovative perspective but also continue to acutely focus on customer service. John's demonstrated commitment to delighting Customers and his innate ability to identify and pursue new business opportunities supports our company's goals."

In the midst of its aggressive growth plan, coined "The Power of Red is Back," Republic Bank has recently opened new stores in Cherry Hill and Glassboro, relocated stores in Voorhees, NJ and Media, PA, and renovated its flagship location in Center City Philadelphia. As one of the largest Philadelphia-based retail banking institutions with 15 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 15 offices located in Abington, Ardmore, Bala Cynwyd, Plymouth Meeting, Media and Philadelphia, Pennsylvania and Glassboro, Cherry Hill, Voorhees and Haddonfield, 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 Bank

Related Links

https://www.myrepublicbank.com

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