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Stock Market & Financial Investment News

News Breaks
May 12, 2014
08:53 EDTRBCAARepublic Bancorp merges with Republic Bank & Trust
Republic Bancorp is pleased to announce that the company’s federally chartered savings association subsidiary, Republic Bank, merged with the company’s Kentucky state chartered commercial bank subsidiary, Republic Bank & Trust. The former Republic Bank had a total of four banking centers located in the greater Tampa, Florida and greater Cincinnati, Ohio markets. The resulting merged Bank now boasts $3.5B in assets with 42 banking centers located in five states. The bank will continue to be supervised by the Federal Deposit Insurance and the Kentucky Department of Financial Institutions. This merger is expected to provide greater efficiency in the bank’s operations and allow its clients to have easier access to the Bank’s expanded banking center network.
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