Republic Bank Sales Manager Selected for Top Leadership Position in Voorhees, NJ

Dec 16, 2015, 11:15 ET from Republic First Bancorp, Inc.

PHILADELPHIA, Dec. 16, 2015 /PRNewswire/ -- Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank, today announced that Randy Wolfe has been named Store Manager for its Voorhees, New Jersey location. In this role, Wolfe will utilize his experience and deep knowledge of the brand to strategically plan for the store's future and lead its employees in delivering Republic Bank's legendary Customer service and convenience.

"At Republic Bank, we aim to exceed Customer expectations every day, every time," said Harry Madonna, Chairman and CEO of Republic Bank. "Over the past five years, Randy Wolfe has proven that he has a strong understanding of these values and our vision for the future. I have no doubt that he will succeed in this new role, fostering new business relationships and helping people meet their banking goals."

Before joining the Republic Bank team in 2010, Wolfe previously worked at Commerce Bank and Beneficial Bank, touting more than 12 years of retail banking experience.  A graduate of Rowan University, he is dedicated to serving the banking needs of both individuals and businesses in South Jersey, making him an ideal candidate to grow the bank's footprint in the Voorhees market.

"I am thrilled to transition into my new role at an organization that embraces fanatical service in everything they do," said Wolfe. "I've spent time at several other institutions, and I can say with absolute certainty that no bank serves its Customers quite like Republic Bank. As the bank continues its rapid regional expansion, I look forward to working with the incredibly talented South Jersey team to continue to exceed the expectations of each and every Customer."

Building on the momentum of its aggressive growth plan, coined "The Power of Red is Back," Republic Bank continues to rapidly expand its regional footprint with its new store under construction in Washington Township, NJ. New store locations are planned for the next year in Moorestown, Medford, Gloucester Township and a second store in Cherry Hill, NJ. In addition, relocation is underway of its Ardmore store to an innovative all-glass store in Wynnewood, PA. As one of the largest Philadelphia-based retail banking institutions with 17 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.

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 seventeen offices located in Abington, Ardmore, Bala Cynwyd, Plymouth Meeting, Media and Philadelphia, Pennsylvania and Berlin, Cherry Hill, Glassboro, Haddonfield, Marlton and Voorhees 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.