Republic Bank Begins 2017 by Hiring Vice Presidents to Manage Stores in Pennsylvania and New Jersey

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PR Newswire

PHILADELPHIA, Feb. 8, 2017

PHILADELPHIA, Feb. 8, 2017 /PRNewswire/ -- Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank, today announced that Nicole Tancor has joined the bank as Vice President and Store Manager for its Abington location and Nikkia Warlow has been hired as Vice President and Store Manager for its Voorhees location. Tancor and Warlow will strategically plan for the future of both stores and will lead employee development, helping to ensure every customer receives exceptional service.

"We are excited to welcome Nicole Tancor and Nikkia Warlow as the newest members of Republic Bank's expanding teams in both Pennsylvania and New Jersey," said Harry Madonna, CEO of Republic Bank. "They have excellent growth track records in managing stores in these communities, and I am confident that they will be able to lead outstanding teams while raising awareness of our Customer-focused brand."

Nicole Tancor joins the Republic Bank team with nearly three decades of financial services, management, customer service and mentoring experience. Since 1996, Tancor has been with BB&T Bank (previously Susquehanna Bank), most recently serving as Vice President/Branch Manager/Market Leader of the Glenside branch. In that role, she was responsible for overall branch sales and service and led the development and execution of a branch marketing plan, including acquisition, retention and expansion of customers and prospects. A strong leader, Tancor is also a passionate and involved community member, dedicating time to the Greater Glenside Chamber of Commerce, Philabundance and Keswick Village Association.

Nikkia Warlow has been brought on to manage Republic Bank's fast-growing Voorhees branch, which opened in 2014. She has worked for TD Bank/Commerce Bank since 2002, and in 2009, she became a Vice President and Store Manager of various stores throughout the South Jersey region. During her time at TD Bank, Warlow succeeded in developing customer relationships and growing her deposit base in each of the markets she served. She prides herself on motivating her team to work at their highest level, and understands the importance of outstanding customer service.

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 a second location in Cherry Hill, NJ, as well as five other locations in 2017. As one of the largest Philadelphia-based retail banking institutions with 19 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

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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 19 offices located in Abington, Bala Cynwyd, Mayfair, Media, Philadelphia, Plymouth Meeting, Torresdale and Wynnewood, Pennsylvania and Berlin, Cherry Hill, Glassboro, Haddonfield, Marlton, Moorestown, 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.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/republic-bank-begins-2017-by-hiring-vice-presidents-to-manage-stores-in-pennsylvania-and-new-jersey-300404342.html

SOURCE Republic First Bancorp, Inc.

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