Republic Bank & Trust

Press Release

Republic Bank Announces Volunteer Income Tax Assistance Grants

Company Release - 1/15/2010 12:18 PM ET

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Republic Bank announced the award of 14 grants to non-profit organizations offering Volunteer Income Tax Assistance and Earned Income Tax Credit (VITA/EITC) programs for the 2009-10 tax season. VITA/EITC programs assist low income citizens with tax preparation and filing.

These grants totaling $50,000 were awarded to:

Structured Employment Development Corporation (Seedco) - New York, NY
Neighborhood Centers, Inc. - Houston, TX

United Way of San Antonio & Bexar County - San Antonio, TX

Atlanta Community Food Bank - Atlanta, GA

Heart of Florida United Way- Orlando, FL

United Way of Lake and Sumter Counties- Leesburg, FL

New York City Financial Network Action Consortium (NYCfNAC) - New York, NY Food
Bank of New York City - New York, NY

Minority Development & Empowerment, Inc. - Oakland Park, FL

Community Tax Aid, Inc (CTA) - New York, NY

Pacific Asian Consortium in Employment (PACE) - Los Angeles, CA

Chinatown Service Center - Los Angeles, CA

Middle Rio Grande Development Foundation, Inc - Eagle Pass, TX and

Louisville Asset Building Coalition- Louisville, KY.



These grants will be used to support the general operations, needs or growth for programs providing tax payer services with a special emphasis on technological improvements to facilitate e-filing with the IRS. According to Republic Bank Chairman and CEO Steve Trager, "Republic Bank is proud to support these 14 organizations as they assist local citizens in preparing and filing their income taxes. It is our goal to help these organizations to assist citizens in reaching their personal financial goals and build the economic foundations of their communities."

Republic Bancorp, Inc. (Republic) has 44 banking centers and is the parent company of: Republic Bank & Trust Company with 35 banking centers in 13 Kentucky communities - Bowling Green, Covington, Crestwood, Elizabethtown, Florence, Frankfort, Georgetown, Independence, Lexington, Louisville, Owensboro, Shelbyville and Shepherdsville and three banking centers in southern Indiana: Floyds Knobs, Jeffersonville and New Albany. Republic Bank has banking centers in Hudson, Palm Harbor, Port Richey, New Port Richey and Temple Terrace, Florida as well as Cincinnati, Ohio. Republic operates Tax Refund Solutions, a nationwide tax refund loan and check provider. Republic offers internet banking at www.republicbank.com. Republic has $3.9 billion in assets and $1 billion in trust assets under custody and management. Republic is headquartered in Louisville, Kentucky, and Republic's Class A Common Stock is listed under the symbol 'RBCAA' on the NASDAQ Global Select Market.

We were here for you yesterday. We are here for you today. We will be here for you tomorrow.(R)

    Source: Republic Bancorp, Inc.
Contact: Republic Bancorp, Inc. Michael Sadofsky, Senior Vice President, 502-561-7125