News Column

Republic Bank Opens Its Newly-Expanded Flagship Store in Center City Philadelphia

June 25, 2014

As part of the bank’s expansion plan, renovations bring state-of-the-art design to this highly-trafficked store at 16th and Market Streets

PHILADELPHIA--(BUSINESS WIRE)-- Republic First Bancorp, Inc. (NASDAQ: FRBK), the holding company for Republic Bank, has fully renovated and expanded its store located at 1601 Market Street in Center City Philadelphia. The location, which now reflects the brand’s hallmark glass design, features more customer service desks, a larger teller area and newly-installed safe deposit boxes, creating an inviting atmosphere for Customers managing their personal and business finances.

The renovation marks an important next step in Republic Bank’s expansion plan, “The Power of Red is Back,” which focuses on Southeastern Pennsylvania and Southern New Jersey. To provide even more exceptional banking services and Customer-centric benefits, Republic Bank is scheduled to open several additional stores in its current footprint during the coming year.

“We have experienced tremendous growth since the start of the year and we are proud to offer added convenience to our Customers with this state-of-the-art store in one of Center City’s busiest districts,” said Harry Madonna, Chairman and Chief Executive Officer of Republic Bank. “As we continue to expand, it is important that our Customers – the heart and soul of our company – know how committed we are to serving them in the finest and most inviting stores in the country.”

Republic Bank is one of the largest Philadelphia-based retail banking institutions, with 14 locations in Abington, Ardmore, Bala Cynwyd, Plymouth Meeting, Media and Philadelphia, Pennsylvania and Cherry Hill, Haddonfield and Voorhees, New Jersey. Republic Bank offers its Customers endless benefits, including extended hours seven days of the week, absolutely free checking and coin counting and more than 55,000 surcharge-free ATMs worldwide.

For more information about Republic Bank visit www.myrepublicbank.com.

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 fourteen offices located in Abington, Ardmore, Bala Cynwyd, Plymouth Meeting, Media and Philadelphia, Pennsylvania and Cherry Hill, Voorhees and Haddonfield, 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.



for Republic First Bancorp, Inc.

Anthony Mallamaci

484-385-2926 (office)

amallamaci@briancom.com

Source: Republic First Bancorp, Inc.


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