GLASSBORO, N.J., Jan. 24, 2015 /PRNewswire/ -- Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank, today opened its newest location – and its fourth South Jersey retail store – at 100 William Dalton Drive in Glassboro, N.J.
The Glassboro store design – an innovative all-glass cube aimed to welcome Customers with an inviting atmosphere – is similar to the locations opened by Republic Bank in 2014 in Cherry Hill and Voorhees, NJ. The bank's rapid growth plan, designated "The Power of Red is Back," emphasizes a strong Customer-centric approach and a commitment to an elite in-store experience. In 2015, the bank plans to build additional stores in South Jersey, specifically in Marlton and Berlin, with stores in Moorestown, Medford, Washington Township, Gloucester Township and Sicklerville to follow. The bank also plans to add a second store in Cherry Hill.
"Opening our Glassboro store allows us to reach even more Customers in South Jersey to further expand our footprint in the market," said Harry Madonna, Chairman and Chief Executive Officer of Republic Bank. "We continue to aggressively expand because we are dedicated to providing the best possible service to those who bank with us – and that commitment is resonating with Customers on both sides of the river. We look forward to exceeding the expectations of Glassboro residents and to continuing our expansion throughout 2015 and beyond."
As one of the largest Philadelphia-based retail banking institutions with 15 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 www.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 fifteen offices located in Abington, Ardmore, Bala Cynwyd, Plymouth Meeting, Media and Philadelphia, Pennsylvania and Cherry Hill, Voorhees, Glassboro and Haddonfield, 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.
SOURCE Republic First Bancorp, Inc.