EXTON, Pa., April 30, 2013 /PRNewswire/ -- First Resource Bank (OTC Bulletin Board: FRSB) is pleased to announce the acquisition of 800 North Pottstown Pike, Exton, PA. This former bank site will undergo extensive remodeling and the current Exton branch will relocate to this site once construction is complete.
President & CEO, Glenn B. Marshall stated, "The acquisition of 800 North Pottstown Pike finishes the purchase portion of our strategic plan to reshape and rebrand our retail presence in Chester County. The need to relocate the Exton branch is a result of the Bank's growth over the past few years and our need for expanded retail space to support our Exton market share. This new Exton location combined with the West Chester location we purchased last year gives us the perfect opportunity to rebrand the retail delivery system in anticipation of future growth. We expect both branches to be fully operational in 2014."
About First Resource Bank
First Resource Bank is a locally owned and operated Pennsylvania state-chartered bank, serving the banking needs of businesses, professionals and individuals in Chester County, Pennsylvania. The Bank offers a full range of deposit and credit services with a high level of personalized service. First Resource Bank also offers a broad range of traditional financial services and products, competitively priced and delivered in a responsive manner to small businesses, professionals and residents in the local market. For additional information visit our website at www.firstresourcebank.com. Member FDIC.
This press release may contain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various factors. Such factors include the possibility that increased demand or prices for the bank's financial services and products may not occur, changing economic and competitive conditions, technological developments, and other risks and uncertainties.
SOURCE First Resource Bank