Gregg Palmer Joins First Republic Bank

First Republic Bank, September 19, 2011

Wealth Advisory Team Continues To Expand in San Diego

First Republic Bank, a leading private bank and wealth management company, today announced that Gregg Palmer, who has 19 years of wealth management experience, has joined First Republic Private Wealth Management in San Diego as a Managing Director - Wealth Advisor.

Palmer 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.

“Gregg Palmer is an accomplished wealth advisor who has the expertise to create solutions to meet a client’s specific financial objectives,” said Katherine August-deWilde, President and Chief Operating Officer of First Republic Bank. “Gregg is part of a dynamic team of wealth advisors and bankers in San Diego committed to exceptional client service.”

Prior to joining First Republic, Palmer worked for Wells Fargo for 15 years, most recently as Senior Vice President and Wealth Advisor in the private banking and wealth management group. Palmer earned a Bachelor of Arts degree from Boston University.

Palmer will work at First Republic’s San Diego office at 12626 High Bluff Drive. First Republic also has San Diego area offices in Del Mar at 1110 Camino Del Mar, Escondido at 116 East Grand, La Jolla at 1200 Prospect Street, and La Mesa at 8347 La Mesa.

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.