Gayle Nickel Joins First Republic Bank

First Republic Bank, December 14, 2011

Senior Banker Strengthens Venture Capital and Private Equity Team

First Republic Bank, a leading private bank and wealth management company, today announced that Gayle Nickel, who has 28 years of financial services experience, has joined First Republic as Managing Director and Preferred Banking Team Leader in Silicon Valley.

Nickel is responsible for Preferred Banking deposit initiatives in the Silicon Valley and also works with individuals and businesses, with a focus on venture capital, private equity and professional services firms, as well as nonprofits. Nickel is located at First Republic’s Menlo Park office at 2550 Sand Hill Road, Suite 100.

“Gayle Nickel is a highly respected banker who shares First Republic’s commitment to delivering exceptional service to every client,” said Katherine August-deWilde, President and Chief Operating Officer of First Republic Bank. “Gayle’s leadership and expertise strengthen our deposit-taking initiatives and our ability to serve wealth creators and dynamic businesses in the Silicon Valley.”

First Republic’s continuing expansion in Silicon Valley is part of its commitment to serve the needs of partners and principals of private equity and venture capital firms, as well as employees of Silicon Valley companies, both public and private.

Over the past three years, First Republic has significantly expanded its presence in Silicon Valley by adding offices, bankers and wealth management professionals. In addition to its two Menlo Park offices, First Republic has locations in Palo Alto, Los Altos, Los Gatos, San Jose, Redwood City, San Mateo, Burlingame and Millbrae.

Prior to joining First Republic, Nickel worked for Silicon Valley Bank for 18 years, most recently as head of client advisory services in the venture capital and corporate finance group. Earlier in her career, Nickel worked for City National Bank and Sanwa Bank

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.