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Greg Berardi, May 31, 2011

Betsy Sullivan Joins First Republic Bank
Greg Berardi

First Republic Continues To Build Team Serving Boston

First Republic Bank, a leading provider of private banking, private business banking and wealth management services, today announced that Betsy Sullivan has joined First Republic as Managing Director and Relationship Manager in Boston.

Sullivan, who has more than 20 years of banking and real estate experience, will work with individuals, families, businesses and foundations to provide banking, investment management, trust, brokerage and real estate lending services.

Sullivan is located at First Republic’s Boston office at 160 Federal Street and will serve clients in the Boston area, South Shore and Cape Cod. First Republic also has a Back Bay office in Boston at 772 Boylston Street.

“Betsy Sullivan is an outstanding and very experienced private banker who strengthens our growing team of banking and investment management professionals serving the Boston area,” said Katherine August-deWilde, President and Chief Operating Officer of First Republic Bank. “Betsy is committed to the same level of exceptional client service that has been the hallmark of First Republic Bank since it was founded more than 25 years ago.”

Prior to joining First Republic, Sullivan worked for Boston Private Bank as a Vice President. Before that, she worked for Sovereign Bank and Citizens Bank as a residential lender. Sullivan earned a Bachelor of Arts degree in Economics from Boston College. Sullivan is a trustee of the Foundation Board of South Shore Hospital in Weymouth, and she serves on the Board of the Council on Aging in Duxbury. Previously, she served on the board of the Duxbury Affordable Housing Trust and on the Fiscal Advisory Board of the Mass Municipal Association. Sullivan also served as an elected official, including nine years as a Selectman for the Town of Duxbury and nine years as a member of the Duxbury School Committee.

About First Republic Bank

First Republic Bank (NYSE:FRC) and its subsidiaries provide private banking, private business banking and private wealth management. Founded in 1985, First Republic specializes in exceptional, relationship-based service offered through preferred banking or wealth management offices primarily in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach, San Diego, Portland, Boston, Greenwich and New York City. First Republic offers a complete line of banking products for individuals and businesses, including deposit services, as well as residential, commercial and personal loans. First Republic is included in the S&P Total Market Index and Wilshire 5000 Total Market IndexSM. More information is available on the Bank’s website at www.firstrepublic.com.

About First Republic Private Wealth Management

First Republic Private Wealth Management is the investment management, trust and brokerage group of First Republic Bank. First Republic Private Wealth Management offers objective advice and fully customized solutions with the same level of exceptional client service that has been the hallmark of First Republic Bank for more than 25 years. First Republic has the flexibility to provide individuals, families, businesses, endowments, schools and non-profit organizations with appropriate choices that responsibly meet a client’s specific investment objectives. Securities Products and Services offered by First Republic Securities Company, Member FINRA/SIPC.


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