Republic Bank Hires Fairless Hills Store Manager

Republic First Bancorp, Inc. (NASDAQ:FRBK), the parent company of Republic Bank, has announced that Andrew J. Mitchell will serve as Assistant Vice President/Store Manager for its new Fairless Hills, PA location, its first in Bucks County. In this role, Mitchell will be responsible for developing new customer relationships in the Bucks County market in addition to working with store employees to deliver outstanding customer service. 

“Republic Bank’s rapid growth and success can be attributed to our hard-working, incredibly talented team’s focus on providing the absolute best banking experience,” said Harry Madonna, Chairman and CEO of Republic Bank. “Throughout his career, Drew has demonstrated an aptitude for successful management and bottom-line growth, in addition to guiding and inspiring those he supervises.”

Mitchell joins Republic Bank from Wells Fargo, where he spent six years as a Store Manager. At Wells Fargo, he managed individual branches with up to 17 team members and was consistently recognized for improving customer service. Mitchell was also integral in the development of the bank’s future leaders – coaching countless bankers, tellers and store managers throughout his district. Prior to joining Wells Fargo, Mitchell began his career at Sears, later serving as the District General Manager and supervising operations for 11 stores with $80 million in annual revenue.

“Republic Bank’s mission to exceed expectations with unmatched personal and business banking services clearly resonates with customers and I look forward to helping grow the brand footprint in my backyard,” said Mitchell.

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 regional footprint. This year, Republic Bank has also opened three new stores in New Jersey.  As one of the largest Philadelphia-based retail banking institutions with 22 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 22 offices located in Burlington, Camden, and Gloucester Counties in New Jersey and Delaware, Montgomery and Philadelphia Counties in Pennsylvania. In addition, Republic Bank offers a wide range of mortgage products through its wholly owned subsidiary, Oak Mortgage Company.

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.

CONTACTAnthony [e-mail]  484-385-2926 (office)