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Republic Bank & Trust Aggregation (“Republic” or the “Bank”) announces the accession of Pedro Bryant as EVP, Managing Director of Association Lending. In the anew created role, Bryant will advice economically challenged communities and baby businesses abound through new programs, including a $3 actor Association Accommodation Fund to abutment baby businesses and advance business development and job conception in low-to-moderate assets communities.
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Pedro Bryant, now EVP and Managing Director of Association Lending for Republic Bank & Trust Aggregation (Photo: Business Wire)
The Association Accommodation Fund is advised to serve a assorted accumulation of businesses and focus on the operating needs in all industry segments. It will initially be focused in the Louisville city statistical breadth (“MSA”) and formed out to all communities served by Republic. In adjustment to admission the cardinal of loans deployed, the Association Accommodation Fund will be accessible aloof to businesses gluttonous loans up to $50,000.
“We’re dispatch advanced to advice accommodated the needs of associates of our association who accept struggled because of bigotry and bare admission to cyberbanking capital,” said Steve Trager, Chairman and CEO. “We’re aflame to accept Pedro advance initiatives that abutment baby businesses endemic and operated by the associates of these communities. He adds abysmal cyberbanking administration acquaintance in community-focused casework to our already able controlling team.”
As antecedent CEO and President of Metro Bank in Louisville, Mr. Bryant is accustomed as an aberrant baton in the community. He has additionally served in administration roles at added banks throughout the South. “Since 1982, Republic Bank has played a arch role in the advance of this community,” said Mr. Bryant. “I appetite to accord to this attitude of putting barter aboriginal to ensure it continues for years to come.”
In accession to basic the new Association Accommodation Fund, Mr. Bryant will be accouterment controlling blank of Republic’s Baby Business Administration (“SBA”) Lending Division, managed by Republic’s Vice President Kathy Pleasant. The Bank’s accord in the SBA’s Paycheck Protection Program (“PPP”) has already provided over $520 actor in absolute abutment to over 3,700 baby businesses in the communities it serves. Louisville Business Aboriginal afresh appear that, “data shows Republic Bank helped absorb over 26,461 jobs in Kentucky, the best of any of the banks accommodating in Kentucky’s PPP rollout.” *
Republic provides acceptable and non-traditional customer and bartering cyberbanking articles and casework application abundant commitment channels. Articles accommodate checking, accumulation and money bazaar accounts, certificates of deposit, residential mortgage and home disinterestedness loans, as able-bodied as assorted bartering accommodation products, and added alone cyberbanking services. The Bank offers abounding means for audience to admission their accounts in accession to cyberbanking centers, including adaptable and online cyberbanking and alternate teller machines, or ITMs, and a full-service acquaintance center. The Bank additionally operates in the tax acquittance processing and prepaid agenda businesses.
About Republic Bank
Republic Bancorp, Inc. (the “Company”) is the ancestor aggregation of Republic Bank & Trust Aggregation (the “Bank”). The Bank currently has 42 full-service cyberbanking centers and two accommodation assembly offices throughout bristles states: 28 cyberbanking centers in 8 Kentucky communities – Covington, Crestview Hills, Florence, Georgetown, Lexington, Louisville, Shelbyville, and Shepherdsville; three cyberbanking centers in southern Indiana – Floyds Knobs, Jeffersonville, and New Albany; seven cyberbanking centers in six Florida communities (Tampa MSA) – Largo, New Port Richey, St. Petersburg, Seminole, Tampa, and Temple Terrace, and one accommodation assembly appointment in Oldsmar; two cyberbanking centers in two Tennessee communities (Nashville MSA) – Cool Springs and Green Hills, and one accommodation assembly appointment in Brentwood; and two cyberbanking centers in two Ohio communities (Cincinnati MSA) – Norwood and West Chester. The Bank offers internet cyberbanking at www.republicbank.com. The Bank additionally offers alone branded, nation-wide agenda cyberbanking at www.mymemorybank.com. The Aggregation has about $6.0 billion in assets and is headquartered in Louisville, Kentucky. The Company’s Class A Common Stock is listed beneath the attribute “RBCAA” on the NASDAQ Global Select Market.
Republic Bank. It’s aloof easier actuality ®
View antecedent adaptation on businesswire.com: https://www.businesswire.com/news/home/20200713005417/en/
Jim Ensign, Senior Vice President & Chief Brand Officer(502) 588-1437
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