ANN ARBOR, Mich., July 27 /PRNewswire-FirstCall/ -- Republic Bancorp Inc.
(Nasdaq: RBNC), today announced the recipients of scholarship awards through
its "Sons & Daughters Scholarship Program." A total of 29 high school
seniors, graduates, or college under-graduates each will receive $250 toward
undergraduate tuition for the 2004-2005 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 a total of 238 scholarships.
"We are proud to support continued 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 $5.7 billion in assets, is the third largest
bank holding company headquartered in Michigan and the 78th largest bank
holding company in the country. Its subsidiary, Republic Bank, serves
customers in Michigan, Ohio and Indiana with 94 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 has been 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: Dana M. Cluckey, President and CEO, +1-989-725-7337, dcluckey@republicbancorp.com , or Debra A. Hanses, Senior V.P., Corporate Human Resources, +1-989-725-2166, dhanses@republicbancorp.com , both of Republic Bancorp Inc.
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