In 1988, Republic Bank was founded, and for the first 20 years, banks primary offering was commercial banking services. In 2008, they changed the model and redirected the strategic efforts toward retail banking. 2019 marked the milestone for Republic Bank when they opened banks first store in the New York City market, bringing back the legendary banking experience that New Yorkers have missed for years, including providing the only absolutely free coin counting machines in all of New York.