Press Release

Republic Bank Returns to Haddonfield for Small Business Saturday Celebration

Company Release - 11/26/2018 10:56 AM ET

PHILADELPHIA, Nov. 26, 2018 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank, celebrated Small Business Saturday by honoring two valued small business customers. On November 24, Republic Bank selected Melange and Maxwell James, two female-owned boutiques on Kings Highway in Haddonfield, NJ, to support their busiest shopping day of the year.

On a day that last year saw 108 million shoppers spend $12.9 billion at small businesses across the country, Republic Bank again demonstrated its commitment to small businesses by surprising and delighting shoppers at both stores with its festive street team, friendly mascot R Dog and free gift cards. The street team generated buzz around the store and encouraged shoppers to make purchases with complimentary gift cards. Republic Bank also gave out special invitations to its "Worth the Switch" program, which provides new customers with a $20 bonus when they open a free checking or savings account.

“Supporting small businesses across the region is fundamentally what Republic Bank aims to do each and every day,” said Harry Madonna, chairman and CEO of Republic Bank. “Our Small Business Saturday event has become not just an annual tradition, but a highly anticipated event for our customers. This year, we’re especially proud to celebrate these two female entrepreneurs and the successful businesses they’ve created.”

Founded in early 2018 by a mother-daughter entrepreneurial team, Melange, located at 45 Kings Highway East, specializes in children’s fashion and personalized gifts. At 137 Kings Highway East, Maxwell James has been the go-to local shop for the latest women’s fashion trends for more than 13 years.

“We are so grateful for the guidance that the incredible staff at Republic Bank has provided to our small start-up business,” said Courtney Dybalski, owner of Melange. “Their willingness to go the extra mile to help us get up and running in March – and to make us feel at home in Haddonfield – did not go unnoticed or unappreciated. We are delighted to call Republic Bank our bank of choice – both personally and professionally – and they’re a valued neighbor in the community.”

Maxwell James owner Tammy Pular commented, “As a single woman running a small business, having a bank that is quick to meet my financial needs and supports the store’s continued growth is essential. I've worked with Republic Bank for many years now – they truly understand what Maxwell James stands for and I can always count on them to anticipate my business needs.”

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.  As one of the largest Philadelphia-based retail banking institutions with 23 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 23 offices located in 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
Carly Buggy
cbuggy@briancom.com
484-385-2934 (office)

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Source: Republic First Bancorp, Inc.