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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.
Served as the central hub for executive leadership, strategic planning, corporate governance, and core administrative operations of the bank.
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.
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.
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.
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.
111 Pine Street
San Francisco
California
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.
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As of April 2025, FRC' leadership includes:
FRC has been backed by several prominent investors over the years, including:
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.
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.
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
FDIC (Federal Deposit Insurance Corporation) • May 1, 2023
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
Reuters • May 1, 2023
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 Journal • April 28, 2023
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
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