Reynold Levy Joins Board of First Republic Bank


Reynold Levy Joins Board of First Republic Bank

Bank Expands Board Of Directors

SAN FRANCISCO--(BUSINESS WIRE)-- First Republic Bank (NYS: FRC) , a leading private bank and wealth management company, today announced that Reynold Levy, President of Lincoln Center for the Performing Arts in New York, has joined its Board of Directors.

"Reynold's extensive leadership experience, his deep knowledge of New York, and his broad philanthropic knowledge will make him an invaluable member of First Republic's board," said Jim Herbert, Chairman and Chief Executive Officer.

Since 2002, Levy has been the President of Lincoln Center for the Performing Arts. During that time, he led a $1.2 billion capital campaign and building project to improve and expand its facilities. He was elected as a Fellow of the American Academy of Arts and Sciences and is currently the Chairman of the Board of the Charles H. Revson Foundation, a member of the Board of Overseers of the International Rescue Committee, and a trustee of Iraq and Afghanistan Veterans of America.

"First Republic Bank is a unique financial institution with a well-deserved reputation for client service and civic leadership," Levy said. "New York benefits from the bank's strong presence in the city."

In addition to his experience in the arts and on governing boards, Levy has authored three books. He has written extensively and spoken widely about philanthropy, the performing arts, humanitarian causes and issues, and the leadership and management of nonprofit institutions. He is a graduate of Hobart College, B.A. 1966, Columbia University, J.D. 1973 and University of Virginia, Ph.D. 1973.

About First Republic Bank

First Republic Bank (NYS: 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, Palm Beach, 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.

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Andrew Greenebaum or Lasse Glassen, 310-829-5400
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Greg Berardi, 415-239-7826

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