Republic Bank is a community bank, founded in 1977, and driven by purpose and personal touches. They strive to make life easier for their clients and associates through their actions including community engagement. They believe that it takes a well-rounded combination of people and ideas to foster creativity and ingenuity on the way to... show more
Republic Bank Reviews
The WalletHub rating is comprised of reviews from both WalletHub users and ratings on other reputable websites. The rating was last updated on 12/11/2022.
2.9
102 reviews
from WalletHub and across the web
102 reviews from WalletHub and across the web
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Republic Bank
andrea_blossom_erie @andrea_blossom_erie
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1 Star Rating
God awful long drawn out process, so many hoops to jump through to get a $1000 loan only for them to decline me for the time being because I switched bank accounts 2 weeks ago and couldn't provide a full 1 month statement- they want a statement dating back 1 month but refused to accept a statement from my previous bank, instead told me to call back in 2 weeks. Meanwhile, they are keeping all of my information on file because "it's required by federal law".
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Product: Republic Bank Personal Loans
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Republic Bank
Jeanetta @jeanettac_1
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5 Star Rating
Verified Customer
With The Market The Way It Is They Worked With Me To Put Me in My First Home.They Are An Answer To A Prayer.And I Absolutely Love Being A Home Owner
Best bank ever! On point! If i am out of town and use my debit card, they text me to make sure I am actually making the transaction. If an uncommon or unusual transaction appears they text me for conformation. Dang! Customer service to the 10th power!
Locked in my refi interest rate once they told me we were clear to proceed and would be able to accommodate my loan with no problem. Then a couple days later the Fed bumps up interest rates and they start saying I don’t qualify due to Federal regulations, yet two other Banks have told me that isn’t true and I qualify. But of course now I’m stuck at a higher rate because of the interest rate hike Republic wanted to avoid. Save yourself time and frustration and go somewhere else.
I received an offer in the mail that followed all the steps. I offered a LOT of personal information, more than I have ever had to, to apply for a line of credit. In the end, I still had to "verify" all my information for banking and my ID. I did so, all documents were exactly as requested, and they still denied the application due to being "unable to verify" my documents. I contacted support via email; they referred me to contact via phone (888). I called and spoke with a rep; she repeated exactly what was on my rejection letter: they were "unable to verify" my information. Very frustrating, I had a hard hit on my credit due to this experience, extremely disappointed and will never refer others to this company.
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Product: Republic Bank Personal Loans
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Republic Bank
dokueki91 @dokueki91
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1 Star Rating
The loan officers here are very rude, unhelpful and condescending. They take forever to respond to you, I had to play phone tag with ones that were assigned to me. If you ever attempt to get a mortgage through them and get the loan officer Brian Hawkins please take my advice and just walk away. This guy has no interest in getting your business and will end up making you feel very dumb if you ask ANY questions.
This was the worst refi transaction ever! Had to pay our insurance bill and escrow because they didn't transfer to the new mortgage. Can't get a reply for a reimbursement . Twice no one showed up for closing. To top it off my mortgage was sold to Wells Fargo in less than a week. Stay away from this company. They had no problem ringing my phone, now only crickets.
Their sign says, "it's just easier here".....no, it is just more EXPENSIVE here! I accidentally went negative in my account and couldn't get to the bank for a couple of days..not only was I charged $36 in overdraft fees but an ADDITIONAL $8 PER DAY! Seriously? I have a whole week until I get paid and these fees will eat up my whole part-time paycheck. Guess I'll be closing this account once I give them my paycheck and maybe more if I get charged another $36 on top of all the other fees because a week will go by before I get paid. Sad, just sad that a bank profits off the public like this...got to keep all the billions of dollars in fees rolling in to keep the fat bankers rich.
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Product: Republic Bank Business Services
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Republic Bank
thomasr_296 @thomasr_296
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1 Star Rating
Worst experience ever opening an account. I opened a checking account 4 hours ago. I was on the phone with customer service multiple times for 3 hours just to try and get into my account online. They never could help me and the last two times they hung up on me and I was being polite. Ended up having to take more time drive to the bank and try and get some help. They ended up helping me but the 6 employees seemed too bothered to help me and never once did I hear I am sorry or can we do anything to make this better. I regret ever going to Republic to open this account. Shame on you for treating a brand new customer this way.
Republic Bank doesn't disclose what credit score is needed for their credit cards. Your score will be just one of the many factors taken into consideration when the issuer looks at your application. Your income, amount of debts, and payment history will all be relevant in determining your eligibility for a new account.
If you're new to credit or trying to rebuild your credit, choose the Republic Bank Secured card. This card offers the best approval odds because it requires a security deposit for opening a new account. Otherwise, you can apply for either the Personal Cash Rewards or the ScoreCard Rewards credit card, which are both unsecured.
Yes, Republic Bank offers credit-builder loans. Republic Bank has credit-builder loans of $500-$1500 with an APR range of 5.3% - 8% and repayment periods of 12 - 24 months. To apply for a credit-builder loan from Republic Bank, you need to be at least 18 years old, have an Social Security number and valid form of identification and savings account.
With a credit-builder loan, Republic Bank puts a sum of money into an interest bearing account for the “borrower.” That person then pays the lender in monthly installments, plus interest, and receives the money in the savings account at the end of the loan term.
Republic Bank also offers other options to improve your credit if you think a credit-builder loan isn't right for you, like personal loans or credit cards.
The MemoryBank EarnMore checking account earns a 1.6% APY on balances up to $250,000.
You can earn rewards by using the MasterCard debit card linked to the account. To get the rewards, use your MemoryBank app or online banking to find and activate moneyback offers for the places where you usually shop and eat. Then use your debit card to pay, and the cash rewards you've earned will be directly deposited into your account.
