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