PHILADELPHIA, April 21, 2016 /PRNewswire/ -- Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank, today announced that Jerry Bresser has been named Vice President and Commercial Lender for the Pennsylvania market. In this role, Bresser – who has nearly 20 years of local banking experience – will work to identify commercial lending opportunities for Republic Bank.
Prior to joining Republic Bank, Bresser worked for Commerce Bank, where he was hired in 2000 as a credit analyst and quickly advanced to a position in Middle Market/Healthcare Lending. Most recently, Bresser served as a Commercial Loan Officer for TD Bank, working throughout Delaware and Chester Counties and specializing in small business lending. A graduate of Rutgers University, he began his career at Bloomberg Financial Markets in Princeton.
"We are excited to welcome Jerry Bresser as a new member of Republic Bank's rapidly expanding team," said Harry Madonna, Chairman and CEO of Republic Bank. "His addition to our lending department strengthens an already successful team and with nearly two decades of banking experience in Delaware and Chester Counties, the relationships he has built will be invaluable to Republic's continued success."
"I am thrilled to begin this new role at Republic Bank," said Bresser. "The bank's strong growth is a testament to how they treat their Customers, offering absolute convenience and fanatical customer service. I look forward to working with an exceptional group of banking professionals and utilizing my previous experience to build strong relationships with business owners throughout the region."
Building on the momentum of its aggressive growth plan, Republic Bank continues to rapidly expand its regional footprint with its additional new store openings planned for later this year in Moorestown, Medford, and a second store in Cherry Hill, NJ. As one of the largest Philadelphia-based retail banking institutions with 18 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 eighteen offices located in Abington, Bala Cynwyd, Plymouth Meeting, Media, Wynnewood and Philadelphia, Pennsylvania and Berlin, Cherry Hill, Glassboro, Haddonfield, Marlton, Voorhees, and Washington Township 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 First Bancorp, Inc.