PHILADELPHIA, Nov. 30, 2015 /PRNewswire/ -- For the second year in a row, Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank, celebrated Small Business Saturday by honoring its valued small business customers. On a day that generates more than $14 billion in sales for small businesses across the country, employees from Republic Bank's 16th & Walnut Street store surprised customers of Philly Pretzel Factory (1532 Sansom Street) and Joe's Pizza (122 S. 16 Street) and rewarded them for "shopping small."
"At Republic Bank, we understand the vital role small businesses play in keeping our local economy humming. As the number one small business lender in the region, we are honored to help small business owners realize their dreams and drive growth here," said Harry Madonna, Chairman and CEO of Republic Bank. "We hope this fun-filled campaign will help raise awareness for the importance of supporting small businesses every day of the year."
The day's festivities began at Philly Pretzel Factory, which was founded in 1998 and now touts more than 150 franchise locations from New York to Florida. Store owner Ron Heil welcomed Republic Bank's staff and its friendly mascot R Dog, as the bank's colorful street team distributed $5 gift cards to customers.
"As an owner and operator of 14 Philly Pretzel Factory locations and the founder of our fast-growing Milk House Grilled Cheese and Ice Cream stores, I understand the importance of providing the best customer service," Heil commented. "By offering first-class convenience, Republic Bank has exceeded my expectations and it's a pleasure to have a banking partner so focused on its customers."
Republic Bank then traveled to surprise its second customer of the day, Joe's Pizza, a business that has proudly served Philadelphians for more than three decades. Joe's owner, Vito Lizzio, has overseen the business for 15 years, and Republic Bank was honored to surprise its loyal patrons with free pizza slices as they took a break from holiday shopping.
"Thanks to Republic Bank offering the longest hours in the region, I can focus on running my business, knowing they'll be ready to assist me seven days a week," said Lizzio. "Just as I have personal relationships with my long-standing customers, Republic Bank provides that same level of service for all my banking needs."
Republic Bank's 16th & Walnut Street location and its other 16 stores are open 7 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 and access to more than 55,000 surcharge free ATMs worldwide. Building on the momentum of its aggressive growth plan, coined "The Power of Red is Back," Republic Bank continues to rapidly expand its regional footprint with its new store under construction in Washington Township, NJ. New store locations are planned for the next year in Moorestown, Medford, Gloucester Township and a second store in Cherry Hill, NJ. In addition, relocation is underway of its Ardmore store to an innovative all-glass store in Wynnewood, PA.
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 17 offices located in Abington, Ardmore, Bala Cynwyd, Plymouth Meeting, Media and Philadelphia, Pennsylvania and Berlin, Cherry Hill, Glassboro, Haddonfield, Marlton and Voorhees, 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.
CONTACT Anthony Mallamaci firstname.lastname@example.org 484-385-2926 (office) 609-828-3215 (cell)
SOURCE Republic First Bancorp, Inc.