LIBOR Index Transition

LIBOR Index Transition
We are committed to guiding our clients through the transition away from the London Interbank Offered Rate (LIBOR) index. Answers to frequently asked questions about the conversion and how it may impact your First Republic originated loan(s) can be found below.1 Your banker would also be happy to discuss any additional questions you may have.

Frequently Asked Questions

1On May 1, 2023, JPMorgan Chase Bank, N.A. (Chase) acquired a substantial majority of the assets and assumed certain liabilities of First Republic Bank from the FDIC. As part of this change, Chase is now the servicer of your loan(s), effective May 1, 2023.