Republic First Bancorp Inc
Business Description
Republic First Bancorp, Inc. was organized and incorporated under the laws of
the Commonwealth of Pennsylvania in 1987 and is the holding company for Republic
First Bank, which does business under the name Republic Bank, and we may refer
to as Republic or the Bank throughout this document. Republic offers a variety
of credit and depository banking services. Such services are offered to individuals
and businesses primarily in the Greater Philadelphia and Southern New Jersey area
through their offices and branches in Philadelphia, Montgomery, and Delaware Counties
in Pennsylvania and Camden, Burlington, and Gloucester Counties in New Jersey.
Historically, our primary objective had been to position ourselves as an alternative
to the large financial institutions for commercial banking services in the Greater
Philadelphia and Southern New Jersey region. However, in 2008, we made an important
and strategic shift in our business approach, redirecting our efforts toward the
creation of a major retail bank that would meet an important need in our existing
marketplace. Focused on delivering high levels of customer service and satisfaction,
driving innovation, developing a bold brand and creating shareholder value, Republic
Bank sought to offer a banking experience that would turn customers into Fans.
As other banks began to turn toward automation for growth, Republic Bank took
a different approach and chose not only to embrace advances in technology, but
to also define itself by the personal touch.
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