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RBCAA vs. ETF Alternatives
Republic Bancorp, Inc., operates as the holding company for Republic Bank & Trust Company and Republic Bank, which provide banking, tax refund solutions, and mortgage banking services to individuals and businesses in the United States.
Country: United States
Wednesday, Oct 92013, 7:56 AM
Wednesday, Oct 92013, 7:56 AM| Comment!
- H&R Block (HRB) tumbles 5.6% premarket after Republic Bank (RBCAA) says it's withdrawing its application to the OCC for conversion to a national banking association - a necessary condition of its agreement to purchase certain parts of HRB Bank.
- "We remain committed to our twin goals of ceasing to be regulated as a savings and loan holding company and finding the right bank partner to help us to continue to grow our financial services business."
- A conference call is set for 9 ET.
- Press release.