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Chicago, IL) – Republic Bank of Chicago partners with Atlanta-based Fintech DataSeers for their innovative fraud and compliance management solution. We are excited to have Republic Bank of Chicago as a client and are looking forward to this relationship as we build some unique tools as a part of FinanSeer,” commented Adwait Joshi, CEO and Chief Seer at DataSeers. The DataSeers solution will play an integral role in Republic Bank’s rapidly growing sponsorship and BaaS solutions, and we are excited to start realizing the benefits of all the system has to offer” stated Cami Cantrell, SVP/Bank Sponsorship Program, of Republic Bank of Chicago. The company has also received the LexisNexis® Risk Solutions HPCC Systems® Community Recognition Award for creating a “Truly Unique Solution” leveraging the HPCC Systems open source, data lake platform.
The Federal Reserve announced a ruling amending Regulation D which allows banks to suspend limits on certain kinds of transfers and withdrawals that may be made each statement period on savings and money market accounts. Prior to this ruling, the limit on certain kinds of withdrawals and transfers for these types of accounts were 6 per statement cycle. This update to Regulation D is welcome news for those who may need to access their funds due to urgent needs caused by the COVID-19 Pandemic and were concerned about exceeding those limits. This ruling allows us to remove that inconvenience so that our clients may access their funds as needed without having to worry about limits and fees.
As families across the country are struggling to balance work, childcare, and homeschooling amidst widespread school closures driven by the COVID-19 pandemic, the National Financial Bee provides an opportunity for students to have some fun and learn critical financial concepts at home while social distancing. “Republic Bank of Chicago is committed to the education and growth of our communities especially during times like these,” said Nora Reyes, Senior Vice President Compliance/CRA Officer of Republic Bank of Chicago. We are hopeful that our partnership with the EVERFI National Financial Bee will encourage families to have open conversations about important financial topics while offering students additional online learning. The five-day challenge, created by social impact education innovator EVERFI, and supported by leading financial institutions nationwide, features a short daily digital lesson and capstone essay contest in which students will share a financial dream of theirs and how they plan to get there.
Skip to content Republic Bank is here to help you Republic Bank is here to help you Dealing with the COVID-19 pandemic isn’t easy, and we want you to know we’re here for you. From tips on using our online tools, to doing all of your banking from home, we’re here to help. We have plans and options for clients facing a loss of employment or income, and we want you to know we’re standing by to help you take care of your health and your family, the most important things in life. We’re open for business and ready to help ensure we all get through this together.