Mary Hayes Joins First Republic Bank

First Republic Bank, December 8, 2011

Senior Portfolio Manager Strengthens Wealth Management Team In New York City

First Republic Bank, a leading private bank and wealth management company, today announced that Mary Hayes, an investment professional with more than 22 years of experience, has joined First Republic Private Wealth Management 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, and endowments. First Republic Private Wealth Management complements First Republic’s comprehensive private banking and business banking capabilities delivered with exceptional client service.

Hayes will offer clients customized equity and fixed-income investment management solutions. Client portfolios utilize both traditional portfolio management and carefully screened outside managers for equity, fixed income, and alternative investments.

“Mary Hayes is an accomplished portfolio manager who is committed to First Republic’s brand of exceptional client service,” said Katherine August-deWilde, President and Chief Operating Officer of First Republic Bank. “Mary is part of an expanding team of banking and wealth management professionals in New York City offering comprehensive investment solutions, including the option of working with a senior portfolio manager.”

Prior to joining First Republic, Hayes worked for US Trust in New York as Senior Vice President and Senior Portfolio Manager. Earlier in her career, she worked for Scudder Zurich Private Investment Counsel and The Bank of New York. Hayes has a Bachelor of Arts degree from the University of Virginia and an MBA in Finance from Duke University, Fuqua School of Business.

Hayes is located at First Republic’s Rockefeller Center office at 1230 Avenue of the Americas. First Republic also has New York offices at 80 Broad, 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 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.