Republic Bank Announces Growth in Gloucester-Atlantic Region
June 23 2021 - 9:13AM
Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of
Republic Bank, today announces its continued growth in Gloucester
and Atlantic counties with the grand opening of a new store in
Deptford, NJ, featuring its signature all-glass cube design. This
location is the bank’s fifth in the Gloucester-Atlantic region with
a sixth store set to open in Ocean City later this year.
Republic Bank, which was named America’s #1 Bank
for Service in 2020, welcomed customers to its new store in
Deptford on Saturday, June 12 with an official ribbon-cutting
ceremony. Brian Mickle, who brings more than 15 years of bank
management experience to Republic, will serve as Deptford Store
Manager. Leandra Acetti, who has played an important role in
commercial loan and deposit growth for Republic throughout New
Jersey since 2017, will now spearhead local growth as the Regional
Vice President for the Gloucester-Atlantic market.
“We are excited to welcome FANS to our new
Deptford store,” said Vernon W. Hill, II, CEO and Chairman of
Republic Bank. “As America’s #1 Bank for Service, we believe the
in-store experience still matters. We are continuing to
strategically build new bank locations in highly trafficked areas
to best serve our customers across the region.”
In honor of its new store in Deptford, Republic
Bank partnered with the Deptford Fire Department and Deptford
Township Police Department to show its support to the local
community and the organizations that keep it safe. The bank
presented the Deptford Fire Department and the Deptford Township
Police Department with a donation at the grand opening.
In 2020, Republic Bank was named America’s #1
Bank for Service in a national consumer satisfaction survey
commissioned by Forbes. Whether banking in-person, online, via
mobile or over the phone, Republic 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. The bank continues to expand its
footprint throughout Philadelphia, Southern New Jersey and New York
City as part of “The Power of Red is Back” growth plan. Republic
Bank’s 32 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 32 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.
CONTACTKelli
Sheatsley610-349-6910
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/c2c18608-8be2-42bd-afe2-130c7ff27986
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