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Investing in Communities

Banks Work Together to Fund Community Development Project

With the Republic Bank Foundation’s $150,000 gift, Executive Chair Steve Trager unified nine Kentucky banks, aligning competitors toward a common goal—funding the final $10 million in capital for the Louisville Urban League’s Norton Healthcare Sports and Learning Center. Louisville Urban League President Sadiqa Reynolds said, “I called my friend Steve Trager and I said we need help. That $10 million loan closed the financial gap for us and allowed us to finish this project and open the doors.”

This generosity has earned Republic Bank & Trust a 2022 Community Commitment Award from the ABA Foundation. This award recognizes and promotes the many valuable ways banks of all sizes contribute to economic growth, community development and enhancing the quality of life in their communities—and is a true badge of honor for any bank to earn.

 

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