Republic Bank Receives 2023 Community Impact Award

PHILADELPHIA, April 28, 2023 (GLOBE NEWSWIRE) -- Republic First Bancorp, Inc. (NASDAQ: FRBK) (the “Company”), the parent company of Republic First Bank d/b/a Republic Bank (the "Bank"), today announced that the Bank has received a 2023 Community Impact Award from South Jersey Biz Magazine (“South Jersey Biz”).

The Community Impact Awards recognize businesses that go above and beyond as a helping hand in their community and personify what it means to be an upstanding corporate citizen. South Jersey Biz awarded organizations that are as dedicated to being good business partners as they are to being responsible, generous neighbors.

“Receiving the Community Impact Award is a testament to Republic Bank’s ongoing commitment to the communities we serve,” said Sharon Hammel, Executive Vice President, Chief Retail Officer, of the Bank. “Being recognized for initiatives like Money Zone, our free financial literacy program for schools, as well as our participation in the Future Bankers & Financial Professionals Camp, and our support of local nonprofit partners reinforces our commitment to a service-driven business philosophy. We share this honor with all our partners, customers, clients and fellow recipients, and would like to thank South Jersey Biz Magazine for the kind recognition. We look forward to continuing to positively impact the communities we operate in.”

About Republic First Bancorp, Inc.

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. For more information about Republic Bank, please visit myrepublicbank.com.

Forward Looking Statements

This press release, and oral statements made regarding the subjects of this release, contains “forward-looking statements” within the meaning of the Securities Litigation Reform Act of 1995, or the Reform Act, which may include, but are not limited to, statements regarding the Company’s estimates, plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts, including statements identified by words such as “believe,” “plan,” “seek,” “expect,” “intend,” “estimate,” “anticipate,” “will,” and similar expressions. All statements addressing the Company’s ability to regain compliance with the Nasdaq listing requirements and future operating results are forward-looking statements within the meaning of the Reform Act. The forward-looking statements are based on management’s current views and assumptions regarding future events and operating performance, and are inherently subject to significant uncertainties and contingencies and changes in circumstances, many of which are beyond the Company’s control. The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not undertake any obligation to update or revise these statements to reflect events or circumstances occurring after the date of this press release. You should carefully review the risk factors described in the Form 10-K for the year ended December 31, 2021 and other documents the Company files from time to time with the Securities and Exchange Commission.

Contacts:

Longacre Square Partners 
Joe Germani / David Reingold 
jgermani@longacresquare.com  /  dreingold@longacresquare.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/575082a8-63a6-4a13-ae5e-add3d37ab6b8