ANN ARBOR, Mich., April 29 /PRNewswire-FirstCall/ -- Republic Bancorp Inc.
(Nasdaq: RBNC), today announced that shareholders of the Company approved the
election of all nominees for directors as follows: Jerry D. Campbell,
Chairman of the Board, George J. Butvilas, Vice Chairman of the Board, Dana M.
Cluckey, Lee E. Benz, Mary P. Cauley, Richard J. Cramer, Sr., Barry J.
Eckhold, Gary Hurand, Dennis J. Ibold, Stanley A. Jacobson, John J. Lennon,
Milton F. Lutz II, Sam H. McGoun, Kelly E. Miller, Randolph P. Piper, Dr.
Isaac J. Powell, William C. Rands III, B. Thomas M. Smith, Jr., Dr. Jeoffrey
K. Stross, and Steven E. Zack.
Dr. George A. Eastman, one of the founding directors, retired from the
Board of Directors as of April 28, 2004. "We would like to express our
sincere appreciation to Dr. Eastman for his significant contributions and
guidance over the years. We look forward to his ongoing contributions to the
Company as Director Emeritus," commented Dana M. Cluckey, President and Chief
Executive Officer.
Shareholders also approved the ratification and amendment of the Directors
Compensation Plan.
Republic Bancorp Inc., with $5.6 billion in assets, is the third largest
bank holding company headquartered in Michigan and the 81st largest bank
holding company in the country. Its subsidiary, Republic Bank, serves
customers in Michigan, Ohio and Indiana with 93 retail, commercial and
mortgage banking offices and 89 ATMs. The Company is the #1 Small Business
Administration bank lender based in Michigan for the 10th consecutive year and
one of the Midwest's top retail mortgage lenders. Republic was named as the
5th Best Company to Work For by FORTUNE magazine (marking the fourth year on
FORTUNE's "100 Best Companies to Work For") and named to Working Mother
magazine's list of "100 Best Companies for Working Mothers" for three years in
a row.
Information about Republic Bancorp Inc.'s financial results and its
products and services, including on-line mortgage applications and its
Internet banking system, ExpressNet, can be accessed at
http://www.republicbancorp.com .
SOURCE Republic Bancorp Inc.
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Related links:
http://www.republicbancorp.com
CONTACT:
Thomas F. Menacher, Executive V.P., Treasurer
& CFO, +1-989-725-7337, tmenacher@republicbancorp.com ; or
Kristine D. Brenner, Director of Investor Relations,
+1-989-725-7337, kbrenner@republicbancorp.com , both of Republic
Bancorp Inc.
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