![]() ![]() Representatives for SVB Securities and New York-based Moelis declined to comment.Īuerbach was also global head of technology investment banking at SVB, which he joined in 2021 from UBS Group. Moelis hired Jason Auerbach, global co-head of investment banking at SVB Securities, according to people with knowledge of the matter.Īuerbach's resignation was communicated to SVB staff on Monday by SVB Securities CEO Jeff Leerink, said one of the people, all of whom asked not to be identified discussing confidential information. The Cincinnati metropolitan area grew by 5.7% between 20 to 2.26 million people. "Our planned growth in Northern Kentucky and the greater Cincinnati area allows us to better serve businesses of all sizes and individual customers who need broader financial support," Tom Saelinger, Republic's market president for Cincinnati and Northern Kentucky, said Monday in a press release. The acquisition, paired with the new Bellevue branch, gives Republic seven locations and about $627 million of assets in the Cincinnati region - including four branches in Northern Kentucky. The $6.1 billion-asset Republic, parent to the 40-year-old Republic Bank & Trust, closed the deal for CBank a day later. ![]() The Bellevue location had a soft opening on March 14. The announcement came less than two weeks after Republic closed a $51 million deal to buy the $257 million-asset Cincinnati-based CBank. Republic Bancorp in Louisville, Kentucky, is opening a branch in Bellevue, Kentucky, a Cincinnati suburb. Louisans to know they have a financial partner in their corner who is backed by more than 80 years of proven strength and stability - and is wholeheartedly dedicated to the financial well-being of people, businesses and our shared community."ĬommunityAmerica earned $16 million in 2022, a 64% decrease compared with a year earlier, according to call report data from the National Credit Union Administration. Louis region given our history in this market," Lisa Ginter, CEO of CommunityAmerica Credit Union, said in the press release. That branch, at Lambert International Airport, will be relocated in 2024, the company said in a press release on Wednesday. The $4.7 billion-asset institution has 29 branches in the Kansas City market but only one in St. Louis County in 2023, with intentions to build additional branches soon thereafter. The Lenexa, Kansas-based credit union plans to secure commercial real estate for three new branches in St. CommunityAmerica Credit Union will bulk up its operations in St.
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