Republic Bank Appoints Logan Pichel as President
May 05 2020 - 5:00PM
Business Wire
Steve Trager, Chairman and CEO, and the Board of Directors of
Republic Bank & Trust Company (“Republic” or the “Bank”)
announced today that Logan Pichel has been appointed as the Bank’s
new President.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20200505005671/en/
Logan Pichel, Newly Appointed President
of Republic Bank (Photo: Business Wire)
“It is an exciting time for Republic Bank, as we continue to
explore new areas, enhance our financial service capabilities and
increase access for customers,” said Steve Trager. “I’m delighted
Logan will join our team. His appointment as President expands an
already strong, dedicated leadership team and helps us address
ongoing opportunities to grow and diversify.”
Mr. Pichel comes to Republic from Birmingham, Alabama-based
Regions Bank where he most recently led Corporate Development,
Financial Planning and Analysis, and Mergers and Acquisitions.
Since 2005, Mr. Pichel has served in various roles at Regions, one
of the nation’s largest consumer and commercial banks.
“I am honored and delighted by the opportunity to join Republic
Bank. Steve, his leadership team and the Republic Bank associates
have built a very well-run bank that is strongly committed to the
customers and communities it serves,” said Mr. Pichel. “I look
forward to working with the Republic Bank team to continue their
success in this dynamic, fast-changing industry.”
The addition of Mr. Pichel comes at a time when Republic Bank’s
performance is extremely strong, with return on assets and equity
placing them in the top 25% of all U.S. banks in their peer group
as defined by asset size. In addition, Republic’s performance has
remained solid even during a challenging first quarter of 2020. The
Bank’s participation in the recently rolled out Paycheck Protection
Program (PPP) has already provided over $525 million in total
support to over 3,300 small businesses in the communities it
serves.
“Our ability to adapt the way we do business at a time when the
world is rapidly changing demonstrates that we can navigate
significant change while innovating in our processes,” said Trager.
“It is the right time to focus on our future and build our
organization from a position of strength.”
Republic Bank provides traditional and non-traditional banking
products using numerous delivery channels and offers a full range
of consumer and commercial banking services including checking,
savings and money market accounts, certificates of deposit, mobile
and online banking and interactive teller machines (ITMs),
residential mortgage and home equity loans, as well as various
commercial loan products, and other personalized banking services.
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 $6.0 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.
Republic Bank. It’s just easier here ®
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200505005671/en/
Investor Contact: Kevin Sipes, Executive Vice President &
Chief Financial Officer (502) 560-8628 Media Contact: Jim Ensign,
Senior Vice President & Chief Brand Officer (502) 588-1437
Republic Bancorp (NASDAQ:RBCAA)
Historical Stock Chart
From Mar 2024 to Apr 2024
Republic Bancorp (NASDAQ:RBCAA)
Historical Stock Chart
From Apr 2023 to Apr 2024