First Republic Honored for Corporate Social Responsibility

First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced it has received the Corporate Social Responsibility Award from The Foreign Policy Association (FPA).

The award is given to companies that meet the highest standard of responsible corporate citizenship. In addition to First Republic, BlackRock received the Corporate Social Responsibility Award during a ceremony in New York.

“Since First Republic was founded in 1985, our purpose has been to take exceptional care of our colleagues, our clients, and our communities. Our core values and culture have always been focused on this mission,” said Jim Herbert, Founder, Chairman and CEO of First Republic. “We are very pleased to have been recognized by the Foreign Policy Association for our commitment to corporate social responsibility.”

Also honored during the event were John Williams, President and CEO of the Federal Reserve Bank of New York, Costis Maglaras, Dean of the Columbia Business School, and Rob Goldstein, Chief Operating Officer & Global Head of BlackRock Solutions.

About First Republic Bank

Founded in 1985, First Republic and its subsidiaries offer private banking, private business banking and private wealth management, including investment, trust and brokerage services. First Republic specializes in delivering exceptional, relationship-based service and offers a complete line of products, including residential, commercial and personal loans, deposit services, and wealth management. Services are offered through preferred banking or wealth management offices primarily in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach and San Diego, California; Portland, Oregon; Boston, Massachusetts; Palm Beach, Florida; Greenwich, Connecticut; New York, New York; and Jackson, Wyoming. First Republic is a constituent of the S&P 500 Index and KBW Nasdaq Bank Index. For more information, visit firstrepublic.com.

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Investors: Andrew Greenebaum / Lasse Glassen Addo Investor Relations [e-mail] [e-mail] [phone]

Media: Greg Berardi Blue Marlin Partners [e-mail] [phone]