Republic Bank earns A+ Health and Stability rating

Republic Bank recently earned a second consecutive A+ Health and Stability rating from DepositAccounts.com, which evaluates the financial health of banks across the United States.

An A+ rating is the highest Health and Stability rating issued by DepositAccounts.com, and ranks Republic Bank’s financial health among the top 10 percent of banks nationwide.

DepositAccounts.com assesses more than 6,900 banks, grading them on a number of factors, including capitalization, deposit growth and loan-to-service ratios. Republic Bank’s two consecutive A+ ratings were from the first and second financial quarters of 2015.

“Stability is the number one thing we can provide to continually earn our customers’ trust and make their banking decisions easier,” said Steve Trager, chairman and chief executive officer, Republic Bank. “Our teams work hard to build and protect our financial stability, and we appreciate the added vote of confidence these ratings from DepositAccounts.com provide.”

DepositAccounts.com is the largest and most comprehensive online publication in the U.S. dedicated to banking information for consumers. It covers all 14,000 federally insured banks and credit unions and utilizes its patent-pending technology to track more than 275,000 consumer deposit rates, each updated nightly.

About Republic Bank

Republic Bancorp, Inc. (the “Company”) is the parent company of Republic Bank & Trust Company (the “Bank.”). The Bank currently has 40 banking centers: 32 banking centers in 12 Kentucky communities – Covington, Crestwood, Elizabethtown, Florence, Frankfort, Georgetown, Independence, Lexington, Louisville, Owensboro, Shelbyville and Shepherdsville; three banking centers in southern Indiana – Floyds Knobs, Jeffersonville and New Albany; two banking centers in Florida – Port Richey and Temple Terrace; two banking centers in Tennessee – Cool Springs (Franklin) and Green Hills (Nashville); and one banking center in Blue Ash (Cincinnati), Ohio. The Bank offers internet banking at www.republicbank.com. The Company has $4.0 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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