Average User Rating:
1.5 star rating based on 2 reviews.

First Republic Bank

111 Pine Street at Front
San Francisco, CA 94111
(800) 392-1400
www.firstrepublic.com

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Added address and tel; Deleted generic products and rates; Physical presence in CA, CT, MA, NV, NY, OR 11-04-2009. All interest bearing account rate data requires zip code input to secure 11-04-2009. LHR: 1-4-10 MU, Unable to confirm rates; tech referral done DL. LHR: 1-23 Reply did not solve problem; new tech issue DL. LHR: 41-28 Tech reply (added BC to MMA), mapped; modified BC for other pages, mapped DL.

2.80% 2-Year CD & Other Competitive CD Rates at First Republic Bank in Several States - 6/10/2009

First Republic Bank still offers a few good CD deals. Rates continue to fall, but they remain competitive. Most of the top rates are CDs with mid and long terms. These include 2.80% APY for 2 years, 3.15% APY for 3 years, 3.50% APY for 4 years and 3.75%...

3.00% 2-Year CD & Other Competitive CD Rates at First Republic Bank in Several States - 5/4/2009

Update 5/09/09: The CD rates have fallen. Please check the bank's website for the latest rates.First Republic Bank continues to offer a few good CD deals. Some of the rates are down from last month, but they remain competitive. Most of the top rates are...

3.25% 2-Year CD & Other Competitive CD Rates at First Republic Bank in Several States - 4/5/2009

Update 4/25/09: The 2-year CD rate has fallen to 3.05% APY. Please check the bank's website for the latest rates.First Republic Bank is offering several competitive CD rates. Most of the top rates are CDs with mid and long terms. These include 3.25% APY...

4.25% 13-Month / 4.00% 8-Month CD at First Republic Bank - 11/11/2008

First Republic Bank continues to offer some attractive CD specials. These include a 4.25% APY 13-month CD, a 4.00% APY 8-month CD and a 3.85% APY 5-month CD. The minimum deposit is $5,000. The bank is still offering a 3.75% APY 10-month liquid CD (see...

2008

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See Rates for: Checking | Savings | Money Market | CD | IRA

First Republic Bank Checking Account Rates

	Apy	Min	Max	Product
	0.02%^†	$3,500	-	Checking Account

First Republic Bank Savings Account Rates

	Apy	Min	Max	Product
	0.20%^†	$250k	-	Passbook Savings

First Republic Bank Money Market Rates

Apy	Min	Max	Product
0.15%^†	$500k	-	Money Market Savings
0.15%	$250k	$5m	Business Money Market
0.10%^†	$50k	-	Money Market Checking
0.02%	$1m	$75m	LIBOR Based Business Money Market Savings

First Republic Bank CD Rates

Apy	Min	Max	Product
1.35%^†	$5k	-	6 Year CD
1.00%^†	$5k	-	5 Year CD
0.80%^†	$5k	-	4 Year CD
0.65%^†	$5k	-	3 Year CD
0.15%^†	$5k	-	2 Year CD
0.10%^†	$5k	-	18 Month CD
0.05%^†	$5k	-	3 Month CD
0.05%^†	$5k	-	6 Month CD
0.05%^†	$5k	-	12 Month CD
0.05%^†	$25k	-	30 Day CD
0.05%^†	$10k	-	15 Month Liquid Special CD

First Republic Bank IRA Rates

Apy	Min	Max	Product
1.35%^†	$5k	-	6 Year IRA
1.35%^†	$5k	-	6 Year Roth IRA
1.00%^†	$5k	-	5 Year IRA
1.00%^†	$5k	-	5 Year Roth IRA
0.80%^†	$5k	-	4 Year IRA
0.80%^†	$5k	-	4 Year Roth IRA
0.65%^†	$5k	-	3 Year IRA
0.65%^†	$5k	-	3 Year Roth IRA
0.15%^†	$5k	-	2 Year IRA
0.15%^†	$5k	-	2 Year Roth IRA
0.10%^†	$5k	-	18 Month IRA
0.10%^†	$5k	-	18 Month Roth IRA
0.05%^†	$5k	-	3 Month IRA
0.05%^†	$5k	-	6 Month IRA
0.05%^†	$5k	-	12 Month IRA
0.05%^†	$5k	-	3 Month Roth IRA
0.05%^†	$5k	-	6 Month Roth IRA
0.05%^†	$5k	-	12 Month Roth IRA

Rates updated: 2/11/2012 * Not all products updated

Data for Q3 2011

Institution Statistics

First Republic Bank
FDIC Certificate #	59017
BankRate Report	View
Year Established	2010
Employees	1829
Primary Regulator	FDIC
Assets and Liabilities
Assets	$26.78 billion
Loans	$20.89 billion
Deposits	$21.77 billion
Equity Capital	$2.41 billion
Loan Loss Allowance	$53.30 million
Unbacked Noncurrent Loans	$27.84 million
Real Estate Owned	$3.53 million
Historic Data - September 2010
Assets	$21.95 billion
Equity Capital	$1.93 billion
Loan Loss Allowance	$4.50 million
Unbacked Noncurrent Loans	$20.52 million
Real Estate Owned	$667,000
Profit Margin - Quarterly
Net Interest Margin	4.61%
Return on Assets	1.44%
Return on Equity	15.31%
Interest Income	$871.56 million

Institution Health

Overall Score:

5 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 First Republic Bank had $31.38 million in non-current loans and owned real-estate with $2.47 billion in equity and loan loss allowances on hand to cover it. This gives First Republic Bank a Texas Ratio of 1.27% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for First Republic Bank held steady from 1.09% as of September 30, 2010 to 1.27% as of September 30, 2011, resulting in a negative change of 16.44%. This indicates that the balance sheet and financial strength for First Republic Bank has held steady in recent periods.
Deposit Growth
In the past year, First Republic Bank has increased its total deposits by $2.81 billion, resulting in 14.79% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First Republic Bank has shown is excellent.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First Republic Bank has $26.78 billion in assets with $2.47 billion in equity, resulting in a capitalization level of 9.21%, which is average.

BE AWARE. You Could Lose Your Money Too!!!!
1 stars

- raschkovsky - Monday, April 18, 2011 - 7:49 PM

BE AWARE!! I have lost a lot of money with them!!! I used to like this bank, until I actually realize they had made a mistake and sent my money order 2x. They cost me a lot of money. It is an inexcusable mistake for a bank. The worst part is that they did not return my money, even though they admitted making a mistake. Don't trust a bank that cannot stand by their clients. You could be next. If you experience any issues with them please let me know. I need support to recover my money.

CD's Buyers Beware
2 stars

- williampope - Tuesday, September 14, 2010 - 12:11 AM

Be Cautious about NEW CD "Products". One "otherwise Attractive" CD Product requires a customer to open a New Checking Account with a modest Minimum Balance. The small minimum balance may be a little nuisance, but it is NOT the problem. The problem IS that one must wait about 2 days to actually "purchase" the New CD. So don't be tempted to deposit your check (for the amount of the CD and the "minimum checking account balance") into the New Checking Account, because you won't be credited (at the CD Rate) for the 2 days that your money sits in the checking account.

First Republic COULD make the CD's Date of Issue the day you deposit your cashiers check in the institution (LIKE MOST BANKS DO), but they'd miss out on all the extra gravy from this "trick". You may think YOUR lost interest is not worth the hassle, but to the Bank, it's not peanuts. For example, $2 billion (a GUESS) @ 3% APY (a GUESS) for 2 days is >$328,000.00.--a pretty nice bonus for the the Bank's CEO.