Republic Bank Wins First Place in Overall Quality at New Jersey Banking Choice Awards
02 May 2019 - 12:52AM
Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of
Republic Bank, was recognized by the New Jersey Banking Choice
Awards as the top bank for overall quality in the state. Republic
Bank also received the following honors for its services to
Southern New Jersey: First Place, Overall Quality; Second Place,
Technology; and Second Place, Customer Service.
According to BankHorizons, the Banking Choice
Awards are based upon the results of the Banking Benchmarks®, an
unbiased, comprehensive measure of banking customer experience.
Survey respondents are part of a statistically representative
sample of households and businesses in New Jersey, based on
geography, gender, income, ethnicity, and age profile of the state.
The double-blind survey asks respondents up to 53 different metrics
about each institution they use for banking services including:
Overall Quality, Customer Service, Tools & Technology and
Community Contribution. Rankings for Overall Quality, Customer
Service and Technology are based on people’s responses concerning
their primary banking institution.
Vernon W. Hill, II, Chairman of Republic Bank,
commented: “We invest in the customer experience at every level and
across all platforms as we strive to create new FANS. A key pillar
of our business model is Quality Service, and we are proud to
receive these honors from the New Jersey Banking Choice
Awards.”
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. As one of the
largest Philadelphia-based retail banking institutions with 26
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.
CONTACTBill
Tierneybill@briancom.com484-385-2985 (office)
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