ANN ARBOR, Mich., June 20 /PRNewswire-FirstCall/ -- Republic Bancorp
Inc. (Nasdaq: RBNC), today announced the recipients of scholarship awards
through its "Sons & Daughters Scholarship Program." A total of 37 high
school graduates or college under-graduates will each receive $250 toward
undergraduate tuition for the 2006-2007 school year. To be eligible,
applicants must be children, step-children or legal dependents of full-time
or part-time employees of Republic Bancorp Inc. or its affiliates, and
enrolled or planning to enroll in a full-time course of study at an
accredited college, university, technical or vocational school. Since the
program's inception, Republic has awarded over $75,000 in scholarships.
"We are proud to support continuing education for the children of our
employees," said Dana M. Cluckey, President and Chief Executive Officer of
Republic Bancorp. "These scholarships reflect the importance of higher
education as these recipients pursue their career, education and training
goals," added Mr. Cluckey.
Republic Bancorp Inc., with $6.2 billion in assets, is the third
largest bank holding company headquartered in Michigan and the 80th largest
bank holding company in the country. Its subsidiary, Republic Bank, serves
customers in Michigan, Ohio and Indiana with 92 retail, commercial and
mortgage banking offices and 91 ATMs. Republic has consistently been the #1
Small Business Administration bank lender based in Michigan and one of the
Midwest's top retail mortgage lenders. Republic was named the 17th Best
Company to Work For by FORTUNE magazine (marking the 6th year on FORTUNE's
"100 Best Companies to Work For" list) and named to Working Mother
magazine's list of "100 Best Companies for Working Mothers" for the fifth
year in a row.
Information about Republic Bancorp Inc.'s financial results and its
products and services, including on-line banking and mortgage applications,
can be accessed at http://www.republicbancorp.com .
SOURCE Republic Bancorp Inc.
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Related links:
http://www.republicbancorp.com
CONTACT:
Debra A. Hanses, Exec. V.P., Corporate Human
Resources, +1-989-725-2166, dhanses@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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