Republic Bank Launches Digital-Only Bank under New Brand, MemoryBank

Republic Bank & Trust Co. launched a digital-only bank branded as MemoryBank, this would stand alone from Republic and would aim to offer simplified products; this digital bank is courting those in Generation X, as opposed to the millennial generation; according to Andrew Varga, Chief Innovation and Strategy Officer of Republic Bank & Trust Co., the new digital bank will allow for the regional bank to have a national footprint.  Source