Commercial Industrial Finance became Republic Bank Finance effective July 1, 2023, coinciding with the final merger of the two companies. CIF was acquired by Republic Bank & Trust Company and its parent company Republic Bancorp, on March 15, 2023, as part of the acquisition of CIF’s former parent company, CBank. Republic Bank Finance is now a division of Republic Bank & Trust Company and will build on CIF’s history as a direct provider of equipment finance and leasing solutions to companies of all sizes and in various industries nationwide. Services offered by Republic Bank Finance include customized vendor solutions for manufacturers and dealers for acquisition of equipment by their customers; consulting with manufacturers and dealers to develop new solutions and service to increase sales profitably; and specialty services in energy, manufacturing, healthcare and transportation industries. Scott Hawkins will serve as President of Republic Bank Finance, continuing his leadership of the St. Louis-based division. At the time of the merger all CIF employees became Republic Bank Finance employees.
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