Matt Krusko Joins First Republic Bank

First Republic Bank, September 8, 2011

Private Wealth Management Team Continues To Expand in New York

First Republic Bank, a leading private bank and wealth management company, today announced that Matt Krusko has joined First Republic Private Wealth Management in New York as a Managing Director - Wealth Advisor.

Krusko will work with high net worth individuals and families, foundations, endowments and non-profits providing customized wealth management solutions, including trust, investment management and brokerage services. First Republic Private Wealth Management complements First Republic’s comprehensive suite of private banking and business banking services.

“Matt Krusko is a very successful investment advisor with a proven track record of developing highly customized wealth management solutions for clients,” said Katherine August-deWilde, President and Chief Operating Officer of First Republic Bank. “Matt is committed to First Republic’s brand of exceptional client service, and he joins a growing team of banking and wealth management professionals in the New York metropolitan area.”

Prior to joining First Republic, Krusko worked for Bernstein Global Wealth Management in New York as Vice President and Financial Advisor. Prior to that, he was an attorney with the law firm of Cravath, Swaine & Moore in New York. Earlier in his career, Krusko worked for then-U.S. Senator Joseph Biden, then-U.S. Representative Charles Schumer and U.S. Representative Karen Shepherd. Krusko earned a law degree from the University of Virginia School of Law and a Bachelor of Science degree in from Cornell University.

Krusko will work at First Republic’s Rockefeller Center office at 1230 Avenue of the Americas. First Republic also has New York offices at 80 Broad Street, 320 Park Avenue, the Time Warner Center, 148 East 79th Street and 2160 Broadway. First Republic has a Greenwich, Connecticut office at 56 Mason Street.

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 a component of the S&P Total Market Index, the Wilshire 5000 Total Market IndexSM, the Russell 1000®, Russell 3000® and Russell Global indices and six Dow Jones indices.

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 are offered by First Republic Securities Company, Member FINRA/SIPC.