PHILADELPHIA, May 10, 2017 /PRNewswire/ -- Republic First
Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank, today announced that Gladys Santana was named Assistant Vice
President/Store Manager for its second Cherry Hill location ( Liberty
View ). In this role, Santana will strategically position the bank for future success and lead employee development to
ensure every customer receives Republic Bank's renowned level of service and financial guidance.
"We are incredibly excited to welcome Gladys to our growing team in New Jersey," said
Harry Madonna, Chairman and CEO of Republic Bank. "With two decades of impressive banking and
leadership experience, Gladys was the ideal candidate to lead our newest store and complement the rest of our presence in South
Jersey."
Santana joins Republic Bank with almost 25 years of experience in banking, most recently serving as a Market Cluster Leader
III/Assistant Vice President with BB&T Bank for their Camden and Pennsauken branches. Previously, Santana held various Sales
Manager and Loan Officer positions throughout South Jersey with Wells Fargo, Mid Atlantic Capital
and Aames Home Loan. A proud supporter of the military, she spent six years in the U.S. Army National Guard and Reserves.
"I am honored to be a part of 'The Power of Red,' particularly in South Jersey, a community I have enjoyed serving for
decades," said Santana. "Republic Bank is often recognized for its world-class, in-store Customer service experience and I am
dedicated to ensuring that our customers will continue to have their expectations exceeded."
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. In addition to its second location in Cherry Hill, NJ, it plans to open five other locations
in 2017. As one of the largest Philadelphia-based retail banking institutions with 19 convenient locations, 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 19 offices located in Abington, Bala Cynwyd, Center City Philadelphia, Mayfair, Media, Plymouth Meeting, Torresdale and Wynnewood, Pennsylvania and Berlin, Cherry
Hill, Glassboro, Haddonfield, Marlton, Moorestown, Voorhees and
Washington Township, New Jersey. In addition, through its subsidiary Oak Mortgage, Republic
First Bank offers a wide range of mortgage products.
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.