Republic Bank Appoints George Nichols III to Board of Directors

LOUISVILLE, Ky.--(BUSINESS WIRE)--Republic Bank & Trust Company (“Republic” or the “Bank”) has appointed George Nichols III to its Board of Directors. Nichols has spent nearly three decades in the financial services industry and currently serves as President & CEO of The American College of Financial Services in Pennsylvania. Prior to this role, he served in various senior leadership roles with New York Life Insurance Company during a 17-year tenure.

“George is a high-caliber financial services executive who brings a special depth of knowledge and perspective to our board,” said Steve Trager, Chairman and CEO. “We will benefit from his executive-level leadership, his industry expertise and his significant experience working in large U.S. financial markets.”

Nichols has strong ties to Kentucky, including having served as the Commissioner for the Commonwealth’s Department of Insurance. “Republic Bank’s roots sit right beside mine with origins in Shelbyville, Louisville, and Bowling Green, Kentucky. Even with its growth since 1977, Republic Bank has maintained the community-minded service and spirit that serves as its hallmark in an era of bank consolidation,” said Nichols. “I’m so humbled and honored to join the Board and I’m equally excited to contribute to the Bank’s present and future success.”

Republic provides traditional and non-traditional consumer and commercial banking products and services using numerous delivery channels. Products include checking, savings and money market accounts, certificates of deposit, residential mortgage and home equity loans, as well as various commercial loan products, and other personalized banking services. The Bank offers many ways for our clients to access their accounts in addition to our Banking Centers, including mobile and online banking and interactive teller machines, or ITMs, and a full-service contact center. The Bank also operates in the tax refund processing and prepaid card businesses.

About Republic Bank

Republic Bancorp, Inc. (the “Company”) is the parent company of Republic Bank & Trust Company (the “Bank”). The Bank currently has 42 full-service banking centers and two loan production offices throughout five states: 28 banking centers in 8 Kentucky communities – Covington, Crestview Hills, Florence, Georgetown, Lexington, Louisville, Shelbyville, and Shepherdsville; three banking centers in southern Indiana – Floyds Knobs, Jeffersonville, and New Albany; seven banking centers in six Florida communities (Tampa MSA) – Largo, New Port Richey, St. Petersburg, Seminole, Tampa, and Temple Terrace, and one loan production office in Oldsmar; two banking centers in two Tennessee communities (Nashville MSA) – Cool Springs and Green Hills, and one loan production office in Brentwood; and two banking centers in two Ohio communities (Cincinnati MSA) – Norwood and West Chester. The Bank offers internet banking at www.republicbank.com. The Bank also offers separately branded, nation-wide digital banking at www.mymemorybank.com. The Company has approximately $6.5 billion in assets and is headquartered in Louisville, Kentucky. The Company’s Class A Common Stock is listed under the symbol “RBCAA” on the NASDAQ Global Select Market.

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