Republic Bank Hires Donald Greenleaf as Vice President, Commercial Lending for Bucks County

Rhea-AI Summary

Republic First Bancorp, Inc. (NASDAQ: FRBK) announced the hiring of Donald Greenleaf as Vice President, Commercial Lending for Bucks County. With 25 years in banking, Greenleaf previously served as Vice President at Firstrust Bank, driving business growth in commercial and retail sectors. His expertise is expected to strengthen Republic Bank's commercial loan portfolio as part of its expansion strategy in the region. The bank continues to enhance its services, including extended hours and a robust digital experience, as it implements its growth plan.

Positive

• Hiring Donald Greenleaf expected to enhance commercial lending expertise and drive growth.
• Republic Bank expanding its presence in Bucks County and surrounding areas.
• Continuous improvement of services and technology for better customer experience.

Negative

• None.

PHILADELPHIA, April 20, 2022 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank, today announced the hiring of Donald Greenleaf as Vice President, Commercial Lending for Bucks County. In his role, Greenleaf will be responsible for growing the bank’s commercial loan portfolio as it continues to expand its presence in this key market.

Greenleaf comes to Republic Bank with 25 years of experience in the banking industry. Most recently, he served as a Vice President at Firstrust Bank where he generated new business on both the commercial and retail sides and played a crucial role in growing deposits and loans. Greenleaf spent the first two decades of his career rising through the ranks at Commerce Bank.

“Donald’s expertise in cultivating new business relationships and fostering the professional growth of his colleagues make him an ideal addition to Republic Bank,” said Vernon W. Hill, II, CEO and Chairman of Republic Bank. “He’s an exceptional leader with a track record of exceeding sales and service goals. We look forward to having him on our commercial lending team in Bucks County.”

Republic Bank is one of the region’s fastest growing financial institutions and continues to expand its footprint throughout Philadelphia, Southern New Jersey and New York City as part of its “The Power of Red is Back” growth plan. Republic Bank’s 34 stores offer the most convenient hours in the region, with extended lobby and drive-thru hours, providing customers unmatched flexibility. The bank also continuously enhances and upgrades its technology platforms to ensure that it delivers a best-in-class digital experience that is both convenient and secure. Republic Bank offers absolutely free checking, ATM/Debit cards and credit 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 34 offices located in Atlantic, Burlington, Camden and Gloucester Counties in New Jersey; Bucks, Delaware, Montgomery and Philadelphia Counties in Pennsylvania and New York County in New York. 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
Kelli Sheatsley
ksheatsley@briancom.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/442166e6-a04c-46c9-8d54-8766df55a6e6

FAQ

Who is Donald Greenleaf and what is his role at Republic First Bancorp?

Donald Greenleaf is the newly appointed Vice President of Commercial Lending for Bucks County, responsible for growing the bank's commercial loan portfolio.

What experience does Donald Greenleaf bring to Republic First Bancorp?

Greenleaf has 25 years of banking experience, including his previous role as Vice President at Firstrust Bank.

How is Republic First Bancorp expanding its market presence?

The bank is expanding its footprint in Bucks County and surrounding areas as part of its growth plan.

What services does Republic Bank offer to enhance customer experience?

Republic Bank provides extended service hours, free checking, credit cards, and access to a large network of ATMs.