1. First Republic Bank Cd Rates In Calif
2. First Republic Bank Cd Rates Today
3. First Republic Bank Ira Cd Rates
4. First Tennessee Bank Cd Rates

Insurance services are provided through First Republic Securities Company, DBA Grand Eagle Insurance Services, LLC, CA Insurance License #0I13184, and First Republic Investment Management, DBA Eagle Private Insurance Services, CA Insurance License #0K93728. First Republic CD rates are competitive, especially for a brick-and-mortar bank. But you'll need at least $10,000 to open an account, and the early withdrawal penalties are a little high.

Branches

When comparing First Republic Bank’s CD rates to the best CD rates on the market, First Republic is at the back of the pack. The bank’s one-year CD rate is 0.35 percent APY while the best banks. First Republic Bank deposit programs may differ among different geographic locations. Please enter the information below to help us present the programs that pertain to your banking location. Rates For (required) Rates ATM Rebate Checking Certificates of Deposit Money Market Checking Money Market Savings Passbook Savings Business Interest. . Annual Percentage Yield (APY) is accurate as of February 28, 2021. Rates are subject to change after the account is opened except for Certificates of Deposit/IRA CD or WORC Statement Savings.

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Deposit Rates - March 6, 2021

Featured Home Equity Rates

• Lender

  APR(%)

  Min.Initial Draw Amount

  Learn More

• Third Federal Savings and Loan NMLS ID: 449401 / Updated 2021-03-06 Equal Housing Lender

  2.240 %

  $0

  Third Federal rate are typically 20% lower than other leaders Guaranteed Lowest Rate No closing costs, prepayment penalties, or minimum draw requirements 10 year draw period

• People's United Bank, N.A. NMLS ID: 464603 / Updated 2021-03-06 Equal Housing Lender

  4.250 %

  $0

  No appliction fee, no origination fee and no closing costs Pay interest only during the 9.5 year draw period Over 175 years of exceeding customer expectations Fast and easy online application - apply today

• Bethpage Federal Credit Union NMLS ID: 449104 / Updated 2021-03-06 Equal Housing Lender

  Intro APR: 2.990 % After Intro:3.750 % Intro Period: 12 months

  $25,000

  Rates as low as 3.25% Prime Rate as of 3/16/2020 = 3.25% (Wall Street Journal). No application or closing costs

• Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for taxes and insurance premiums. Click here for more information on rates and product details.

Featured 15-Year Fixed Mortgage Rates

• Lender

  APR(%)

  Monthly Payment

  Learn More

• Rocket Mortgage NMLS ID: 3030

  3.204%

  $1,726

  America's Home Loan Experts We can close your loan in less than a month! A+ Rating with the Better Business Bureau

• Quicken Loans NMLS #3030 NMLS ID: 3030

  3.466%

  $1,757

  A+ Rating with the Better Business Bureau!

• Morty, Inc. NMLS ID: 1429243

  2.068%

  $1,595

  Get a pre-approval letter Get personalized loan options

• AmeriSave Mortgage Corporation NMLS ID: 1168

  2.389%

  $1,638

  Rate Quote with NO Personal Info Required LOW Rates! FAST Online Process

• Quicken Loans NMLS #3030 NMLS ID: 3030

  3.466%

  $1,757

  A+ Rating with the Better Business Bureau!

• Rocket Mortgage NMLS ID: 3030

  3.204%

  $1,726

  America's Home Loan Experts We can close your loan in less than a month! A+ Rating with the Better Business Bureau

• Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for taxes and insurance premiums. Click here for more information on rates and product details.

Overview 2021

General Bank Information

Summary Balance Sheet

Summary Income Statement

First Republic Bank is an FDIC insured institution headquartered at 111 Pine Street, San Francisco, CA 94111.
It was founded in 2010 and has approximately $133 billion in assets. Customers can open an account at one of its 74 branches.

First Republic Bank got its start in 1985 as a small thrift company. Today, the firm offers personal banking, business banking, and wealth and trust management services.

They have ~70 branch locations in 6 states (California, Connecticut, Florida, Massachusetts, New York and Oregon) with most being centered in major metropolitan areas.

Because they cater to high net-worth, low risk individuals, many of their banking products come with steeper minimum deposit requirements than those at other online banks and/or nationally available credit unions.

First Republic bank offers a full suite of deposit products. They offer checking accounts, money market accounts, savings accounts and CDs (certificates of deposit).

In our review below we will focus on the 12 certificates of deposit products sold by First Republic Bank.

First Republic Bank’s CDs are federally insured by the FDIC up to $250,000 per depositor or $500,000 for joint accounts. All of their CDs come with a minimum deposit requirement of $10,000.

To view First Republic Bank’s current CD rates on their website, you’ll have to use their “Rate Finder” tool. This tool requires you to specify your region before populating a list of their going CD rates. That said, we’ve run this scenario for all available regions and found rates to be static across the board. In normal interest rate environments, however, these rates may vary slightly by region.

First Republic Bank currently has 12 CDs to choose from. They have 10 standard term CDs and 2 promotional CDs. The promotional CDs consist of a “4 Month Special” and an “8 Month Liquid CD.”

The 4 month special, for all intents and purposes, is just like a regular CD but it comes with a higher APY. Its current annual percentage yield is listed in our table below.

The liquid CD comes with the same guaranteed interest rate that a standard CD does, but allows you access to your funds without incurring a penalty. You are allowed to withdraw funds once per week (every 7 days), however you must maintain a minimum balance of $10,000 in this account. If you dip below this threshold First Republic Bank may close the CD and transfer the funds to another account.

First Republic Bank CD Rates

To give these offers above some context, the current national average for a 12 month CD and a 60 month CD sit at just 0.22% APY and 0.47% APY, respectively.

Outside of the 8 month liquid CD all of First Bank Republic’s other CD options come with early withdrawal penalties if you need funds prior to maturity. It should also be noted that First Bank Republic’s early withdrawal penalties are more expensive than other banks and credit unions.

Early withdrawal penalties are as follows:

• CDs with terms of 1 year or less have a penalty equal to six months’ interest on the amount you withdraw.
• CDS with terms of 1 year or greater have a penalty equal to 15 months’ interest on the amount you withdraw.

First Republic Bank Cd Rates In Calif

The best way to access the funds from your CD is to wait until it matures. Consider locking in one of First Bank Republic’s shorter term deposits if you’re unsure whether or not you can keep your money tied up for longer periods of time.

Opening a CD with First Republic Bank

There are three ways to open a certificate of deposit with First Republic Bank, none of which are online.

1. The first is to give the bank a call at (888) 408-0288. They have banking specialists available during regular working hours to get you set up with any CD you choose.
2. The second option is to complete an online form and have the bank reach out to you. You can find this form here.
3. The third would be to stop into a branch and speak with a representative in person. You can locate a First Republic Bank branch here.

When you speak with a representative either in person or via the phone you will need the following information to get your CD account open and funded:

• Full name (drivers license)
• Address
• Phone Number
• Email
• Social Security Number

First Republic Bank Cd Rates Today

To fund the account you will need the routing number and account number of the institution and bank account that you will be transferring the funds from. You can also mail them or hand them a check (if meeting in person).

While in most cases First Republic Bank’s CD rates beat out the national average for each respective term, better yields can be found through online banks and nationally available credit unions.

First Republic Bank Ira Cd Rates

Because First Republic Bank caters to higher net worth individuals, they impose steep minimum deposit requirements on their deposits and expensive early withdrawal penalties if you need access to your funds prior to maturity.

First Tennessee Bank Cd Rates

All of this should be considered before deciding to open a CD with First Republic Bank.