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Republic Bancorp Declares 9-1/2 Cent Common Stock Cash Dividend

    ANN ARBOR, Mich., May 20 /PRNewswire-FirstCall/ -- Republic Bancorp Inc.
(Nasdaq: RBNC), today announced that its Board of Directors declared a $.095
per share cash dividend to shareholders of record as of June 11, 2004 and
payable July 6, 2004.
    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 ten 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" 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, tmenacher@republicbancorp.com , or Kristine D. Brenner,
    Director of Investor Relations, kbrenner@republicbancorp.com , of
    Republic Bancorp Inc., +1-989-725-7337