11th District COFI Conversion

11th District COFI Conversion

What You Need to Know

First Republic Bank is committed to guiding our clients through the transition from the 11th District Cost of Funds (COFI) index. Answers to frequently asked questions about the conversion and how it might impact your First Republic Bank adjustable-rate mortgage can be found below. Your banker would also be happy to discuss any additional questions that you may have.

Frequently Asked Questions

  • What is the 11th District COFI? Why was it discontinued?
  • How do I know if my loan with First Republic Bank is impacted by this change?
  • Which index has First Republic selected to replace the 11th District COFI?
  • What is Federal COFI?
  • I have a First Republic Bank loan(s) that was based on the 11th District COFI. What happened to my loan(s)?