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Feds Ask Republic Bank for Meeting on RALS

Monday, 04 January 2010

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The refund loan business remained in a state of rapid change over the holiday as Republic Bank and Trust, which is moving to take over bank products, said it was requested by the Federal Deposit Insurance Corp. to have a February meeting about the future of its RAL business. Republic is moving to take over part of the business that has been dropped after Santa Barbara Bank & Trust was forced out by regulators.

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