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Republic Bank And The Louisville Community Steps Forward For Jefferson County Students

Stocks in this article: RBCAA

Sixty-two percent, or 59,532 of Jefferson County Public School (JCPS) students are fed during the week by the free or reduced meal program. On Thursday, November 14, Steve Trager, Chairman and CEO of Republic Bank hosted more than 50 concerned Louisville business leaders to discuss the current hunger crisis among our area’s youth and how a national nonprofit with local roots, Blessings in a Backpack makes a difference.

Blessings in a Backpack fills the weekend gap for nearly 3,500 JCPS students at 30 schools by providing backpacks full of food for them to take home over the weekend.

At the breakfast, companies and individuals stepped forward and raised more than $100,000 to support Blessings in a Backpack programs across Jefferson County – which will be used to feed more than 1,200 of participating students.

“I am thrilled with the generosity of our community to help our young children in their time of need,” said Trager. “Through this effort I’m happy to report that starting today, these at-risk students will not go hungry over the weekend.”

“We are grateful to this group for their help in feeding the students across Jefferson County who need it most,” said Brooke Wiseman, chief executive officer, Blessings in a Backpack. “Partnerships such as these enable Blessings to fulfill its mission – ensuring that impoverished American school children are fed over the weekends.”

Republic Bancorp, Inc. (Republic) has 45 banking centers and is the parent company of Republic Bank & Trust Company and Republic Bank. Republic Bank & Trust Company has 34 banking centers in 12 Kentucky communities - Covington, Crestwood, Elizabethtown, Florence, Frankfort, Georgetown, Independence, Lexington, Louisville, Owensboro, Shelbyville and Shepherdsville, three banking centers in southern Indiana – Floyds Knobs, Jeffersonville and New Albany, two banking centers in Tennessee – Cool Springs (Franklin) and Green Hills (Nashville), and one banking center in Bloomington (Minneapolis), Minnesota. Republic Bank has banking centers in Hudson, Palm Harbor, Port Richey and Temple Terrace, Florida as well as Blue Ash (Cincinnati), Ohio. Republic offers internet banking at www.republicbank.com . Republic has $3.3 billion in assets and is headquartered in Louisville, Kentucky. Republic's Class A Common Stock is listed under the symbol “RBCAA” on the NASDAQ Global Select Market.

About Blessings in a Backpack: Hunger has both short- and long-term negative effects on children’s health and ability to succeed in school. Blessings in a Backpack is a results-oriented 501(c)(3) program dedicated to ensuring that impoverished American elementary school children are fed over weekends. Blessings in a Backpack currently feeds more than 60,000 children across 43 states. For more information visit www.blessingsinabackpack.org .

Copyright Business Wire 2010

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