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First Republic Bank Completes Separation From Bank Of America

Saturday, July 3, 2010 - 9:32 PM
From the San Francisco Chronicle
First Republic Bank completed its management-led buyout from Bank of America today [7/1/10], returning to its roots as an independent bank based in San Francisco.

First Republic Bank has offered some competitive CD rates in the last two years, but that's not the case now. I just checked their website, and the highest rate is only 2.50% APY for a 5-year term.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,634