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Nic Donarski and Chris Rusk Join First Republic Private Wealth Management

First Republic Bank, May 9, 2011

Wealth Management Team in New York Continues to Expand

First Republic Bank, a leading provider of private banking, private business banking and wealth management services, today announced that Nic Donarski and Chris Rusk have joined First Republic Private Wealth Management as Investment Consultants in New York.

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.

Donarski is Managing Director and Rusk is Vice President. Both work at First Republic’s Rockefeller Center office at 1230 Avenue of the Americas.

“Nic Donarski and Chris Rusk are very successful wealth advisors who share First Republic’s commitment to exceptional client service,” said Katherine August-deWilde, President and Chief Operating Officer of First Republic Bank. “Nic and Chris join a growing team of wealth management professionals in the New York metropolitan area.”

Donarski and Rusk are part of First Republic Securities Company, LLC and will work with individuals, families, businesses, foundations and nonprofit organizations. First Republic Securities Company, Member FINRA/SIPC, offers a wide range of investment products, including municipal and U.S. Government securities, corporate debt and equity securities, and alternative investments.

Prior to joining First Republic, Donarski worked for Banc of America Investment Services for five years, most recently as a Senior Vice President. Earlier in his career, he worked for Prudential Securities and P.R. Herzig & Co. as an equity analyst. Donarski earned a Bachelor of Arts degree in history from Bowdoin College in Brunswick, Maine. He holds the Chartered Financial Analyst (CFA) designation.

Rusk joined First Republic after working for Merrill Lynch Global Wealth Management and Banc of America Investment Services for four years, most recently as Assistant Vice President. Rusk earned a Bachelor of Arts degree in Psychology from the University of Massachusetts Amherst.

In addition to its Rockefeller Center office, First Republic has New York offices at 80 Broad Street, 320 Park Avenue, the Time Warner Center, 148 East 79th Street and 2160 Broadway.

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.