Newsweek and Lending Tree, the online marketplace and comparison site for financial services, partnered to assess more than 2,500 financial intuitions on more than 30 factors, including overall health of the bank, customer service performance, digital and branch presence, account and loan options, interest rate offerings and fees.
“As a community bank, we are deeply invested in the communities where we do business,” said Republic Bank President and CEO Logan Pichel. “From online banking experiences that meet or exceed what the large national banks offer to initiatives that support underserved communities, we’re committed to making our banking products and services accessible for everyone and our communities stronger.”
Earlier this year, Republic led a unique bank loan partnership to support the Louisville Urban League’s West Louisville health and wellness facility. The initiative brought competitor financial institutions together for a common cause and filled the $10 million gap to fund the facility.
This latest community loan builds upon other significant lending and investment initiatives by Louisville’s banking community to support underserved communities. For Republic, recent examples include the $3 million Community Loan Fund, launched in 2020 to support small businesses and promote business development and job creation in low-to-moderate income communities, and the $28 million Republic Bank Foundation YMCA in West Louisville.
Republic Bancorp is the parent company of Republic Bank & Trust Co. The bank currently has 42 full-service banking centers throughout five states. The company has approximately $6.2 billion in assets and is headquartered in Louisville.
Click here for more Kentucky business news.