SAN FRANCISCO, March 15, 2016 /PRNewswire/ -- First Republic Bank (NYSE: FRC), a leading private bank and wealth management company, today announced that it has been honored for its commitment to financial education for at-risk youth by Community Youth Center of San Francisco (CYC), one of the city's leading community groups.
Community Youth Center named First Republic Bank its 2015 Corporate Partner of the Year for its work in providing financial education to youth in underserved neighborhoods in San Francisco.
Founded in 1970, Community Youth Center serves over 5,000 low-income, at-risk and high-need youth and their families citywide through its main office in the Tenderloin and its branch offices in the Bayview and the Richmond District. First Republic Bank has partnered with Community Youth Center to provide its innovative financial literacy program, which is designed specifically for low- to moderate-income youth nationwide.
"First Republic is actively committed to improving the lives of young people in distressed neighborhoods and is honored to receive this award from Community Youth Center," said Rosana Yu Han, Senior Vice President, Head of Community Reinvestment for First Republic Bank. "First Republic is committed to creating opportunity for young people in underserved communities through financial education and many other programs."
First Republic's financial literacy program is part of its broader commitment to low- and moderate-income communities. In December, First Republic expanded its commitment to financial education by partnering with EverFi, one of the nation's leading education technology companies. The award-winning financial literacy program now serves 57 inner city elementary schools in California, Oregon, New York, Massachusetts and Florida.
About First Republic Bank Founded in 1985, First Republic and its subsidiaries offer private banking, private business banking and private wealth management, including investment, trust and brokerage services. First Republic specializes in delivering exceptional, relationship-based service, with a solid commitment to responsiveness and action. Services are offered through preferred banking or wealth management offices primarily in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach, San Diego, Portland, Boston, Palm Beach, 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. For more information, visit www.firstrepublic.com.
SOURCE First Republic Bank