Republic Bank Hires Regional Sales Manager - Philadelphia

PHILADELPHIA, July 10, 2012 /PRNewswire/ -- (NASDAQ:FRBK), Republic Bank today announced Sharon Hammel as its new Senior Vice President and Regional Sales Manager for the Philadelphia region. Sharon brings over 25 years of banking experience to the organization. She spent the last five years as the SVP/Senior Director of Relationship Banking with Beneficial Bank and was a critical member of the Commerce Bank team for over 22 years. Harry Madonna, Republic Bank's CEO stated, "We are excited to have an individual of Sharon's caliber on our team as she will play a significant role in our plans for growth and will help us to continue to raise the bar on the Customer Experience."

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As the Regional Sales Manager for the Philadelphia region, Sharon will lead her team in its business development efforts and in promoting and enhancing the Republic Bank Brand. Exceeding expectations is nothing new to Sharon-- it is an inherent part of her success and she will lead her team by example in delivering Fanatic Customer Service to all of Republic Bank's Customers. Sharon has an unparalleled reputation in banking in the Greater Philadelphia region and her leadership and professionalism will be an instrumental part of the Bank's growth.   

Sharon stated, "I am thrilled to bring my experience and passion to an organization focused on fusing  growth and outstanding Customer Service. I look forward to an exciting future and much success, at Republic Bank, the best bank in town!"

About Republic Bank

Republic Bank, a subsidiary of Republic First Bancorp, Inc., 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 thirteen offices located in Abington, Ardmore, Bala Cynwyd, Plymouth Meeting, Media and Philadelphia, Pennsylvania and Voorhees and Haddonfield, New Jersey. For more information about Republic Bank, visit myrepublicbank.com.

Forward Looking Statements

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.  The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected in the forward-looking statements.  For example, risks and uncertainties can arise with changes in: general economic conditions, including their impact on capital expenditures; new service and product offerings by competitors and price pressures; and similar items.  You should carefully review the risk factors described in the Form 10-K for the year ended December 31, 2010 and other documents the Company files from time to time with the Securities and Exchange Commission. The words "may", "believes," "expect," "estimate," "project," "anticipate," "should," "intend," "probability," "risk," "target," "objective," and similar expressions or variations on such 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 U.S. 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.

SOURCE Republic Bank