Republic Bank Opens New Store in Media, Pa

Nov 04, 2013, 13:19 ET from Republic First Bancorp, Inc.

PHILADELPHIA, Nov. 4, 2013 /PRNewswire/ -- Republic First Bancorp, Inc. (NASDAQ: FRBK), the holding company for Republic Bank, opened a new store in Media, Pa., located at the intersection of East Baltimore Pike and Route 252 (New Providence Road). This is the first of several new stores scheduled to be opened by Republic Bank within the next calendar year.

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"A bank's ability to provide outstanding customer service and convenience drive customers' banking decisions," said Harry Madonna, Chairman and CEO of Republic Bank.  "This new store provides that and more, by being open 7 days a week with extended hours, 361 days a year, free checking, free coin counting, issuing ATM/Debit cards on the spot and providing Republic Bank customers access to more than 55,000 surcharge free ATMs world-wide."  

As one of the largest Philadelphia-based retail banking institutions, Republic Bank has 13 locations including stores in Abington, Ardmore, Bala Cynwyd, Center City, Mayfair, Media Plymouth Meeting, Torresdale and Voorhees and Haddonfield in Southern New Jersey.  Another store location in Cherry Hill, New Jersey is under construction and scheduled to open in the winter of 2014.

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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 twelve offices located in Abington, Ardmore, Bala Cynwyd, Plymouth Meeting, Media and Philadelphia, Pennsylvania and Voorhees 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.