PHILADELPHIA, Aug. 3, 2016 /PRNewswire/ -- Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank, today announced that Julia Brines has been named Assistant Vice President and Store Manager for its new Moorestown location. In this role, Brines will rely on her previous banking experience, spanning more than a decade, to strategically plan for the store's future and lead its employees in delivering Republic Bank's renowned customer service. The Moorestown location broke ground this spring and is set to open on Saturday, September 10, welcoming customers with a festive Grand Opening celebration.

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Prior to joining Republic Bank, Brines served as an Assistant Vice President and Business Development Officer at Liberty Bell Bank, where she developed new retail and commercial opportunities and expanded existing client relationships. Prior to that, Brines worked as a Branch Manager for Farmers & Mechanics Bank. She stayed on through the bank's merger with Beneficial for more than eight years. Brines is also an active community member, participating in organizations including Rotary International, Burlington Advisory Council on Women, Contact of Burlington County and the South Jersey Young Professionals Association.

"We are excited to welcome Julia Brines as a new member of the Republic Bank team as we continue to rapidly expand our South Jersey footprint," said Harry Madonna, Chairman and CEO of Republic Bank. "She is an extremely capable leader and has a strong track record in core deposit growth and an innate ability to identify lending needs. The strong consumer and business relationships Julia has formed throughout her esteemed career are sure to help our new Moorestown store thrive."

"I am thrilled to join Republic Bank, a company known for legendary customer service, as it officially makes its entrance into the Moorestown and Mount Laurel markets," said Brines. "I truly believe in the innovative Republic Bank model, and I look forward to officially opening the doors of our new store in September. I know that my experience working in this special community will benefit my fellow store employees, helping them to exceed our customers' expectations."

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. The bank has plans to open new stores in Medford, as well as a second location in Cherry Hill, NJ in the future. As one of the largest Philadelphia-based retail banking institutions with 18 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 18 offices located in Abington, Bala Cynwyd, Mayfair, Media, Philadelphia, Plymouth Meeting, Torresdale and Wynnewood, Pennsylvania and Berlin, Cherry Hill, Glassboro, Haddonfield, Marlton, Voorhees and Washington Township, 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.

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SOURCE Republic First Bancorp, Inc.