Dedicated to MSB.
At Republic Bank, we have experts dedicated to the MSB industry, serving it exclusively.
Money Services Business
We are committed to providing exceptional service and continued product innovation to the MSB industry.
Dedicated Experts
We understand the MSB industry, and you can count on us to provide you with prompt service and convenient financial services.
Grow Your MSB
Acquisition and expansion loans, working capital lines of credit, and other solutions are available to take your MSB into the future.
Effective and Efficient
Make your MSB more effective and efficient when you put our back room operations expertise to the test.
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Facts, Answers, and Questions
Generally, our focus is on established retail, storefront, check cashing operations that have related agency services such as wires, money orders, bill payments, etc. We also handle money order issuance for those with the proper licensing. These services are provided in certain states and cities throughout the U.S. If we are not currently servicing your area, please check back as we add service areas as time permits.
Not at the current time. Although our clients may have foreign ownership, there must be a U.S. domiciled presence.
Some of our clientele have ATMs and the ability to accept cash for digital currencies. However, this activity is only on an agency basis and Republic Bank does not handle accounts directly for digital wallet holders or digital currency exchanges. However, please feel free to submit your contact information in case this position changes in the future.
We handle treasury services for most types of lenders although our support is only for those operating under the state model. In addition, short-term, single-pay products are no longer a focus for the MSB Division.
Contact us at 630-635-0955 to speak with a Money Services Business expert today.
Contact us at 630-635-0955 today, and experience the Republic Bank of Chicago advantage for yourself.
At Republic Bank, our bankers work hard to learn your story and become your advocate.
Get connected with us, and put Chicago’s hardworking bank to work for you today.
