Republic Bank Hires Feasterville Store Manager

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Republic Bank Hires Feasterville Store Manager

PHILADELPHIA, Feb. 12, 2019 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank , today announced that Jennifer BeVier has been hired as the Store Manager for its new Feasterville, PA location. In this role, BeVier will oversee the branch’s operations and employees, ensuring excellent customer service is delivered, while also engaging with the local business community.

“We are thrilled to welcome Jennifer to our growing team at Republic Bank,” said Harry Madonna, Chairman and CEO of Republic Bank. “She is a proven expert in retail and business banking and has a knack for developing strategies to grow portfolios. Jennifer’s previous experience in customer relations will be critical as we open the doors to our Feasterville store later this year.”

BeVier is a results-driven, passionate banking leader with 13 years of industry experience. Since she began her career in 2006, BeVier held a series of positions at Citizens Bank. She was hired as a Branch Business Banker before becoming an In-Branch Manager in 2007 and a Branch Manager in 2009. By 2013, she was promoted to a Multi-Site Branch Manager, overseeing two locations and 14 direct reports. The next year, she took on additional responsibility as a Small Business Leader, launching an internal program that paves the way for bankers to move into business banking. BeVier spent the last two and a half years as Vice President, Commercial Relationship Manager, overseeing a portfolio of customers for four branch locations in Bucks County to help businesses achieve their goals.

“I believe in fostering personal relationships with customers in order to organically grow business,” said BeVier. “I look forward to leveraging my connections in Bucks County to promote Republic Bank’s unique offerings and drive foot traffic into the new Feasterville location.”

Building on the momentum of its aggressive growth plan, referred to as "The Power of Red is Back," Republic Bank continues to rapidly expand its footprint and recently announced plans to open stores into New York City in 2019. As one of the largest Philadelphia-based retail banking institutions with 25 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 25 offices located in Atlantic, Burlington, Camden, and Gloucester Counties in New Jersey and Bucks, Delaware, Montgomery and Philadelphia Counties in Pennsylvania. The bank also offers a wide range of residential mortgage products through its mortgage division, Oak Mortgage Company. For more information about Republic Bank, please visit www.myrepublicbank.com .

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.

CONTACT Bill Tierney bill@briancom.com   484-385-2985 (office)

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