PHILADELPHIA, Aug. 5, 2013 /PRNewswire/ -- Republic First Bancorp, Inc. (NASDAQ: FRBK), the holding company for Republic Bank, today announced that it has joined Allpoint, "America's Largest Surcharge Free ATM Network." In joining this international network, Republic Bank Customers can now access their funds at any ATM in Allpoint's system of more than 55,000 ATMs worldwide without paying a service fee of any kind.
Allpoint boasts 43,000 ATMs in the United States, with more than 10,000 in the Mid-Atlantic region alone, as well as a global presence in countries such as the United Kingdom, Australia, Mexico, and Canada. Domestically, 1 in 12 ATMs is branded as part of the Allpoint network with many accessible at the nation's largest and most popular retailers including Target, CVS, Costco and Walgreens. In addition, the Allpoint network is found in convenience stores such as Wawa and 7-Eleven.
"Joining the Allpoint network fits perfectly within our Customer-centric approach to banking," said Harry Madonna, Chairman and CEO of Republic Bank. "With this partnership, Republic Bank Customers can now access funds in their neighborhoods or around the world at any Allpoint ATM with absolutely no surcharges and absolutely no fees. Our job is to make it easier for Customers to access their money, not more difficult. And the Allpoint network, especially with its strong footprint in the Mid-Atlantic region, does exactly that for our Customers."The added convenience provided through Allpoint further reflects Republic Bank's focus on high quality customer service, which differentiates it from its competitors. Republic Bank stores are not only open seven days a week with extended hours but also issue ATM/debit cards instantly and provide free coin counting. More, Republic Bank provides Customers with a full range of products such as Absolutely Free Personal Checking, Business Checking, Loans and Lines of Credit, Free Online Banking, Mobile Banking, and Cash Management Solutions.