PHILADELPHIA, April 11, 2016 /PRNewswire/ -- Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank, has opened two new stores on the same day – one in Washington Township, NJ and one in Wynnewood, PA. The Washington Township store is located at 401 Ganttown Road and the Wynnewood store is located at 35 East Wynnewood Road. Spurred by communities throughout the region embracing Republic Bank's Customer-centric philosophy, this is the second time in less than one year that the bank has opened two new stores on the same day.
Building on Republic Bank's revolutionary banking experience, the two new stores will feature the bank's signature, all-glass cube design, creating an unparalleled level of service and convenience for Customers. As with all Republic Bank locations, every detail of the new stores focuses on exceeding Customers' expectations, whether banking alone, with family or even with a pet. Over the past three years, Republic Bank has opened similar locations in New Jersey as a part of its growth plan, coined "The Power of Red is Back." The Wynnewood store is the first of its kind in Pennsylvania.
"We are proud to open these two locations and serve Customers – new and existing – in Washington Township and Wynnewood," said Harry Madonna, Chairman and Chief Executive Officer of Republic Bank. "We look forward to expanding our presence and developing new relationships with Customers on the Main Line and throughout Washington Township. It is always our goal to provide the highest level of customer service and convenience, and the grand opening of these stores will enable us to continue to exceed expectations and deliver exceptional banking experiences to more community members."
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.
For more information about Republic Bank visit myrepublicbank.com.
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, Media, Philadelphia, Plymouth Meeting and Wynnewood, Pennsylvania and Berlin, Cherry Hill, Haddonfield, Glassboro, 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.