Republic Bank’s $3 Million Community Loan Fund Already Helping Small Businesses in Challenged Communities
LOUISVILLE, Ky.–(BUSINESS WIRE)–The $3 million Community Loan Fund that Republic Bank & Trust Company (“Republic” or the “Bank”) announced just this summer is putting dollars into the communities Republic Bank serves.
“We’re off to a great start,” said Steve Trager, Chairman and CEO of Republic. “Ninety days ago, we decided we needed to provide more support and promote business development and job creation in low-to-moderate income communities and in just a short period of time we are doing just that.” Mr. Trager went on to say, “We’re meeting the needs of many who have struggled because of inequity and inadequate access to financial capital.”
Pedro Bryant, Republic Bank’s EVP and Managing…