Republic Bancorp, Inc. (Republic) is a holding company, and the parent company of Republic Bank & Trust Company (RB&T) and Republic Bank, Republic Funding Company and Republic Invest Co. The Company operates in three segments: Traditional Banking, Mortgage Banking and Republic Processing Group (RPG). Along with the Tax Refund Solutions (TRS) division, Republic Payment Solutions (RPS) and Republic Credit Solutions (RCS) also operate as divisions of the RPG segment. The Bank markets its lending products and services through retail mortgage lending, commercial lending, warehouse lines of credit, correspondent lending, treasury management services and other banking services. Mortgage Banking activities include 15-, 20- and 30-year fixed-term single family, first lien residential real estate loans that are sold into the secondary market. RPG facilitates the receipt and payment of federal and state tax refund products under the TRS division.