Judith M. Hutchison Joins First Republic Bank

First Republic Bank, December 5, 2011

Portland Office Expands Business Banking Team

First Republic Bank, a leading private bank and wealth management company, today announced that Judith M. Hutchison has joined First Republic in Portland as Managing Director and Business Banker.

Hutchison, who has 17 years of financial services experience, will provide a full range of business banking services, which include lending services, deposit services, cash management, foreign exchange, online banking, and business escrow. She is located at First Republic’s Portland office at 947 SW Broadway.

As a Business Banker, Hutchison serves as a single point of contact for clients to a team of First Republic professionals who provide banking, investment management, trust, brokerage, real estate lending and business banking services. Hutchison has specialized expertise working with professional services firms, including CPAs, attorneys, and investment managers, as well as nonprofits and independent schools. For nonprofit endowments and business owners with liquidity events, First Republic provides comprehensive investment management services.

“Judith Hutchison is a highly successful business banker who is committed to the same level of exceptional client service that has been the hallmark of First Republic for 26 years,” said Katherine August-deWilde, President and Chief Operating Officer of First Republic Bank. “First Republic’s business banking team in Portland provides a complete range of services to wealth creators, businesses, nonprofit organizations and independent schools.”

Prior to joining First Republic, Hutchison was a Vice President at Capital Pacific Bank in Portland. Earlier in her career, she worked for US Bank, Northwestern Mutual Financial Network and Bank of America. Hutchison has a Bachelor of Science degree in Economics from the Wharton School at the University of Pennsylvania and an MBA from Willamette University. Hutchison serves in volunteer leadership roles for Boy Scouts of America, Rotary Club of Portland and Classroom Law Project. Hutchison is a Certified Treasury Professional (CTP).

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, LLC - Member FINRA/SIPC. First Republic Securities Company and First Republic Investment Management are wholly owned subsidiaries of First Republic Bank. Unless otherwise disclosed, investments through First Republic Investment Management and First Republic Securities Company, LLC are not FDIC-insured, not bank guaranteed and may lose value.