What Does FRC Do?

Total employees271
HeadquartersSan Francisco
Founded1987

First Republic Bank (FRC) was a U.S. commercial bank and wealth management company headquartered in San Francisco, California. Founded in 1985, it catered primarily to high-net-worth individuals and businesses, offering personalized banking, private wealth management, brokerage, and trust services. The bank was known for its exceptional customer service and relationship-based model. In May 2023, First Republic Bank failed and was placed into FDIC receivership. Substantially all of its assets and deposits were subsequently acquired by JPMorgan Chase. Prior to its failure, it was the second-largest bank failure by assets in U.S. history.

Where Is FRC's Headquarters?

HQ Function

Served as the central hub for executive leadership, strategic planning, corporate governance, and core administrative operations of the bank.

Notable Features:

Located in a prominent office tower within San Francisco's Financial District, offering modern office amenities and accessibility. The specific architectural details were typical of a Class A office building in the area.

Work Culture:

Historically, the work culture at First Republic, including its HQ, was reputed to emphasize exceptional client service, a strong work ethic, and a relationship-driven approach. Employees were often recognized for going above and beyond for clients.

HQ Significance:

The headquarters was the nerve center of First Republic's operations, symbolizing its growth in the private banking sector and, ultimately, the epicenter of its crisis management before its failure.

Values Reflected in HQ: Historically, the headquarters aimed to reflect stability, professionalism, discretion, and a commitment to high-quality service, aligning with its brand identity in the wealth management space.

Location:

First Republic Bank's operations were primarily concentrated within the United States. It focused on key metropolitan areas, including San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach, San Diego, Portland, Palm Beach, Boston, Greenwich, and New York City. It did not have a significant international branch network for retail or commercial banking, though its wealth management services may have catered to clients with international interests.

Street Address:

111 Pine Street

City:

San Francisco

State/Province:

California

Country:

USA

Where Else Does FRC Operate Around the World?

New York, New York/USA

Address: 1230 Avenue of the Americas, New York, NY 10020 (Example of a former prominent location)

To expand First Republic's footprint in a key financial market, offering its signature high-touch banking services and capturing market share among affluent clients and successful businesses on the East Coast.

Buying Intent Signals for FRC

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading FRC? Meet the Executive Team

As of April 2025, FRC' leadership includes:

Michael J. Roffler - Chief Executive Officer and President (at time of failure)
James H. Herbert, II - Founder and Executive Chairman (at time of failure)
Olga Tsyusko - Acting Chief Financial Officer (at time of failure)
Susie Cranston - Executive Vice President, Chief Operating Officer (at time of failure)

Who's Investing in FRC?

FRC has been backed by several prominent investors over the years, including:

The Vanguard Group, Inc.
BlackRock, Inc.
State Street Corporation
Various other institutional and individual shareholders (as a publicly traded company FRC on NYSE)

What Leadership Changes Has FRC Seen Recently?

Hire1
Exits1

In the months leading up to its failure, First Republic Bank saw a key change in its finance leadership. Neal Holland, the CFO, departed in late 2022/early 2023, with Olga Tsyusko stepping in as acting CFO. The existing CEO, Michael Roffler, remained in place during the bank's most critical period.

Departures

Neal Holland, Neal Holland departed his role as Chief Financial Officer. He had been with the bank for several years.

New Appointments:

Olga Tsyusko, Olga Tsyusko, previously Chief Risk Officer, was appointed as Acting Chief Financial Officer.

What Technology (Tech Stack) Is Used byFRC?

Discover the tools FRC uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

FRC Email Formats and Examples

Historically, First Republic Bank likely used common corporate email formats. Given the company's acquisition, these email addresses are no longer active for First Republic Bank as an independent entity. For communication regarding former First Republic accounts, individuals should refer to JPMorgan Chase.

Common formats included [first_initial][last]@firstrepublic.com or [first_name].[last_name]@firstrepublic.com

Format

jdoe@firstrepublic.com or john.doe@firstrepublic.com

Example

75%

Success rate

What's the Latest News About FRC?

FDIC (Federal Deposit Insurance Corporation)May 1, 2023

JPMorgan Chase Bank, National Association, Columbus, Ohio Assumes All Deposits of First Republic Bank, San Francisco, California

The FDIC announced that First Republic Bank was closed by the California Department of Financial Protection and Innovation, which appointed the FDIC as receiver. JPMorgan Chase acquired all deposits and substantially all assets of First Republic Bank....more

ReutersMay 1, 2023

JPMorgan buys most First Republic assets after regulators seize bank

JPMorgan Chase & Co agreed to buy most of First Republic Bank's assets after regulators seized the troubled lender, marking the third major U.S. bank failure in two months....more

The Wall Street JournalApril 28, 2023

FDIC Is Preparing to Place First Republic Under Receivership Imminently

Reports emerged that the FDIC was preparing to place First Republic Bank under receivership imminently after private rescue efforts failed, highlighting the severe financial distress of the bank following large deposit outflows....more

Highperformr's free tools for company research

Explore Employees by Region or Country

See where a company’s workforce is located, by country or region.

View Funding Details

View past and recent funding rounds with amounts and investors.

Understand Revenue Insights

Understand company revenue estimates and financial scale.

Track Active Job Openings

Track active roles and hiring trends to spot growth signals.

Review Product and Offerings

Discover what a company offers—products, platforms, and solutions.

Get SIC or NAICS Codes

Get the company’s official SIC and NAICS classifications.

Analyze Website Traffic Trends

Analyze visitor volume, engagement, and top traffic sources.

Discover Social Profiles and Engagement

Explore LinkedIn, Twitter, and other active social profiles.

Identify Top Competitors

Identify top competitors based on similar business traits.

Research and Discover Companies with Highperformr — Smarter, Faster

Explore companies in depth — from the tech they use to recent funding, hiring trends, and buyer signals — all in one powerful view.

Highperformr AI helps you surface the right accounts and enrich your CRM with verified company and contact insights, so your teams can prioritize and engage faster.

  • Track intent signals to find buyers who are actively in-market
  • Enrich contacts and companies instantly, no need to switch tools
  • Automate workflows to stay ahead of every change
  • Connect your CRM & tools for seamless data sync and activation

Thousands of companies, including FRC, are just a search away.