Republic Bank Expands Downtown Louisville Presence, Renews Commitment to Revitalization Effort

May 9, 2023

LOUISVILLE, Ky. (May 9, 2023) – Republic Bank & Trust Company (“Republic Bank” or the “Bank”) is beginning a phased relocation plan, moving associates from two east end offices in Louisville into the Republic Plaza downtown. The move reflects the Bank’s commitment to creating a more vibrant downtown and supporting a flexible, hybrid and work-from-home environment for its associates.

Phase One of the move began in early May and will end in mid-June with nearly 90 associates from Republic’s Hurstbourne and Springhurst offices moving downtown into Republic Plaza at 200 South 7th Street, only several hundred yards from the Bank’s Corporate Headquarters at 6th and Market. In Phase Two beginning in 2024, additional associates from the Springhurst office will relocate to the Plaza downtown.

There will be no changes to the banking centers at Hurstbourne and Springhurst, where clients will continue to enjoy easy access to customer service through our bankers and Interactive Teller Machines (ITMs).

“Republic’s investment in Louisville’s downtown area began when we put down roots with our corporate banking center in 1987,” said Logan Pichel, Republic Bank President and CEO. “We’ve seen a lot of growth and change over three decades, and we’re committed to creating more positive, lasting changes in the decades ahead. We believe this move will benefit our associates in many ways, while reinforcing existing efforts to strengthen our downtown core.”

“Republic Bank’s commitment to our downtown community is a prime example of the positive engagement we need with our businesses to become a more vibrant city,” said Louisville Mayor Craig Greenberg. “We hope other businesses will follow suit and view downtown as a smart option for their long-term growth plans.”

Republic associates who work downtown will enjoy benefits including:

  • A new Republic Café—an open first-floor multipurpose space for work collaboration, and enhanced food options for associates with fresh sandwiches and salads.
  • Reimbursement of 100% of parking expenses for the Republic Plaza garage.
  • Enhanced building security features and staffing.
  • Reimbursement toward membership fees at nearby fitness facilities such as Wel at Humana and the Republic Bank Foundation YMCA.
  • Reconfigured office and enhanced collaboration space on upper floors of the Plaza.
  • An onsite associate-dedicated ITM in Republic Plaza, making it easier for those located there to conduct their own personal banking needs with a live Virtual Banker.
  • New software for viewing interactive floor plans and reserving meeting and work spaces to allow for better collaboration, easier movement between Republic office buildings, and Republic’s hybrid work environments.

These moves are expected to be fully complete by mid-2024.

About Republic Bank
Republic Bancorp, Inc. (the “Company”) is the parent company of Republic Bank & Trust Company (the “Bank”). The Bank currently has 45 banking centers in communities in four 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 two banking centers in the Nashville MSA in Cool Springs and Green Hills, Tennessee. The Bank offers internet banking at www.republicbank.com. As of March 31, 2023, the Company had approximately $6.1 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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Media Contact
Jim Ensign, Senior Vice President & Chief Brand Officer
(502) 584-3600
Source: Republic Bancorp, Inc.