Michael S. Tinney Joins First Republic Private Wealth Management

First Republic Bank, January 31, 2011

Senior Portfolio Manager Joins Expanding Investment Management Team In Portland

First Republic Bank, a leading provider of private banking and wealth management services, today announced that Michael Tinney, who has more than 25 years of investment management experience, has joined First Republic Private Wealth Management in Portland as Portfolio Manager and Managing Director.

First Republic Private Wealth Management provides customized wealth management solutions, including trust, investment management and brokerage services, to high net worth individuals and families, foundations, endowments and non-profits. First Republic Private Wealth Management complements First Republic’s comprehensive suite of private banking and business banking services delivered with exceptional client service.

“Michael Tinney is a highly regarded portfolio manager who has helped generations of clients in the Portland area meet their investment objectives,” said Katherine August-deWilde, President and Chief Operating Officer of First Republic Bank. “First Republic continues to expand in Portland to meet growing demand from clients who appreciate a level of client service that is unique in the financial services industry. Like the rest of our team in Portland, Michael shares our commitment to delivering exceptional service to every client.”

In addition to Tinney’s appointment, First Republic today announced the hiring of Portfolio Manager and Managing Director Lucas Newman. Tinney and Newman are part of First Republic Investment Management, which works with clients to develop customized equity and fixed-income investment management solutions. Customized client portfolios utilize both traditional portfolio management and may employ carefully screened outside managers for equity, fixed income, and alternative investments.

Prior to joining First Republic, Tinney was Senior Vice President and Investment Manager for Wells Fargo’s private bank. Prior to joining Wells Fargo in 1995, Tinney was a portfolio manager for Investors Research Company and was a member of the firm’s investment committee. Tinney earned a Bachelor of Science degree from California State University, Sacramento. He holds designations as a Chartered Private Wealth Advisor (CPWA), Certified Investment Management Consultant (CIMC), and Certified Investment Management Analyst (CIMA). He is a member of the Institute of Certified Investment Management Consultants.

Tinney is located at First Republic’s office at 947 SW Broadway in Portland.

About First Republic Bank

First Republic Bank (NYSE:FRC) and its affiliated companies 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 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. More information is available on the Bank’s website at http://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.