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CST: 20/10/2019 21:04:13   

Republic Bank Hires Two Industry Veterans as Retail Market Managers for New Jersey and Pennsylvania

159 Days ago

PHILADELPHIA, May 14, 2019 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank, today announced the hiring of Pamela Hisler as Senior Vice President and Retail Market Manager for New Jersey and Jennifer MacMullen as Senior Vice President and Retail Market Manager for Pennsylvania. Hisler and MacMullen will lead store managers while also overseeing operations and deposit growth in their respective markets.

“We are excited to add Pamela and Jennifer, two accomplished senior leaders, to the Republic Bank team,” said Harry Madonna, Chairman and CEO of Republic Bank. “Both are seasoned community banking executives with more than 20 years of industry experience and their deep-rooted relationships in their respective markets will be critical as we continue to expand our footprint.”

Hisler is a collaborative and motivating senior executive who has consistently exceeded organizational goals while prioritizing the development of talent. An industry veteran with more than 30 years of experience, Hisler joins the Republic Bank team from Beneficial Bank, where she was Regional Director/Senior Vice President, directing all operations, financials, team growth and continuous improvement functions throughout South Jersey and Philadelphia. She began her career at PNC Bank and then spent 10 years at TD Bank, formerly Commerce Bank, in a variety of branch and retail market management positions.

“I firmly believe in Republic Bank’s customer-centric model and its commitment to exceeding expectations at every step of the way,” said Hisler. “As its presence continues to rapidly expand throughout New Jersey, I’m thrilled to start the next chapter of my career at Republic.”

MacMullen has worked in the banking industry for more than two decades and is a proven leader with a successful track record of driving growth for financial institutions. Most recently, she served as Market Director/Senior Vice President at Beneficial Bank, where she was responsible for managing sales and service, operations, staffing and development for 12 branches throughout Delaware County and Philadelphia. Prior to that, she spent 10 years in branch and relationship management positions at TD Bank, formerly Commerce Bank.

“I am proud to join the exceptionally talented team at Republic Bank,” said MacMullen. “I look forward to growing our operations throughout Pennsylvania, while engaging the community and turning customers into fans.”

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 expand into New York City in 2019. As one of the largest Philadelphia-based retail banking institutions with 27 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 26 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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