Republic Bank Recognized as a Best Online Lender by Newsweek

Rhea-AI Summary

Republic Bank named one of America's Best Online Lenders by Newsweek in multiple loan categories.

Positive

• Republic Bank recognized for best rates, customer satisfaction, and availability in online lending.

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• None.

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Republic Bank & Trust Company ("Republic" or the "Bank") has been named to Newsweek’s Best Online Lenders in America 2024 list in multiple categories. The rankings, a collaboration between Newsweek and Lending Tree, named Republic in five different loan types across two categories. The Bank received recognition for three different loan types in the Best Customer Satisfaction category and for two different loan types in the Overall category.

Republic Bank Named one of America's Best Online Lenders by Newsweek (Graphic: Business Wire)

The rankings assessed more than 2,500 financial institutions based on various criteria, including best rates offered to customers, customer satisfaction and availability.

"Republic Bank is pleased to be recognized as a top online lender by Newsweek and LendingTree,” said Logan Pichel, President and CEO of Republic Bank. "Our mortgage lending team is committed to providing exceptional service to our customers. I’m so proud of their efforts to make banking easy for our clients. This recognition would not have been possible without the daily dedication they show our customers.”

LendingTree analyzed lenders who offered loans on their platform in the first half of 2023 across home, auto and personal loans from subprime to super-prime borrowers. The ranking compares the rates across three credit ranges, reviews from customers, closed applications and the availability of loans.

"We’re proud of our lending services and the trust our customers have placed in us,” said Juan Montano, Chief Mortgage Banking Officer. “We’re pleased to continually provide our customers with applications and services that make doing business with us as easy as possible. Our online lending capabilities are a great example of our technological leadership and customer-first approach.”

For more information or to visit the complete list, visit Newsweek’s Best Online Lenders 2024.

About Republic Bank

Republic Bancorp, Inc. (the “Company”) is the parent company of Republic Bank & Trust Company (the “Bank”). The Bank currently has 47 banking centers in communities in five metropolitan statistical areas (“MSAs”) across five states: 22 banking centers located in the Louisville MSA in Louisville, Prospect, Shelbyville, and Shepherdsville in Kentucky, and Floyds Knobs, Jeffersonville, and New Albany in Indiana; six centers in the Lexington MSA in Georgetown and Lexington in Kentucky; eight banking centers in the Cincinnati MSA in Kenwood, Norwood and West Chester in Ohio, and Bellevue, Covington, Crestview Hills, and Florence in Kentucky; seven centers in the Tampa MSA in Largo, New Port Richey, St. Petersburg, Seminole, Tampa, and Temple Terrace in Florida; and four banking centers in the Nashville MSA in Cool Springs, Green Hills, Murfreesboro and Spring Hill, Tennessee. In addition, the Bank has one loan production office in St. Louis, Missouri. The Bank offers internet banking at www.republicbank.com. As of June 30, 2023, the Company had approximately $6.4 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.

Republic Bank is an Equal Housing Lender.

Republic Bank. It’s just easier here. ®

View source version on businesswire.com: https://www.businesswire.com/news/home/20231025446802/en/

Jim Ensign, Senior Vice President & Chief Brand Officer

(502) 584-3600

Source: Republic Bancorp, Inc.

FAQ

What recognition did Republic Bank receive?

Republic Bank was named one of America's Best Online Lenders by Newsweek in multiple loan categories.

What criteria were used to assess the financial institutions?

The rankings assessed financial institutions based on criteria such as best rates, customer satisfaction, and availability.

What types of loans did Republic Bank receive recognition for?

Republic Bank received recognition for three different loan types in the Best Customer Satisfaction category and two different loan types in the Overall category.

Who analyzed the lenders?

LendingTree analyzed lenders who offered loans on their platform.

What is the link to the complete list?

For more information or to visit the complete list, visit Newsweek's Best Online Lenders 2024.