Republic Bank (“RBCAA”)says that revenue from its two largest tax refund partners, Jackson Hewitt and Liberty Tax, accounted for almost sixty percent of total revenue in its Tax (more…)
Republic Bank will continue to provide tax settlement products for customers of Jackson Hewitt through 2014. Republic filed an 8-k this morning that details the agreement.
If it was not clear before, this should make it fairly straightforward that there will be refund anticipation loans available to consumers in the upcoming tax season.
The agreement includes both assisted refunds and refund anticipation loans.
In an 8-k released this morning, Republic Bancorp reported that its ALJ hearing with the FDIC is now scheduled for Feb. 6th, 2012.
The hearing with an administrative law judge is the first step in settling a disagreement between the FDIC and Republic over their refund anticipation loan (“RAL”) program. The FDIC issued a guidance earlier this year which included an (more…)
Jackson Hewitt’s business model will change once it exits from bankruptcy. The only question is how.
I will not speculate on the likelihood that some potential possibilities – (more…)
Republic Bank announced an extension of its program agreement with Jackson Hewitt in an 8-k released after market close on Friday.
The new agreement extends the ongoing agreement to provide refund anticipation loans. (more…)
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