SAN FRANCISCO, Oct. 4, 2016 /PRNewswire/ -- First Republic Bank (NYSE: FRC), a leading private bank and wealth management company, today announced the formation of a Community Advisory Board to help guide the bank's community outreach and reinvestment initiatives.
The mission of the Community Advisory Board is to further strengthen First Republic's fair lending and Community Reinvestment Act (CRA) programs for low-to-moderate income and underserved minority communities. Members of the Community Advisory Board will offer advice and strategic guidance on the bank's initiatives focused on affordable housing, small business and economic development, and financial empowerment.
First Republic today also announced the appointment of five initial community leaders to the Community Advisory Board. They are:
- Faith Bautista, President and Chief Executive Officer, National Asian American Coalition (NAAC), and Chief Executive Officer, National Diversity Coalition (NDC). Bautista will serve as Board chair.
- John Hope Bryant, Founder, Chairman and Chief Executive Officer, Operation HOPE
- Janice Jensen, President and Chief Executive Officer, Habitat for Humanity East Bay/Silicon Valley
- Robert Monzon, President, Montebello Housing Development Corporation (MHDC)
- Claudia Viek, Chief Executive Officer, California Association of Micro Enterprise Opportunity (CAMEO)
"We're very pleased to welcome five recognized leaders to First Republic's Community Advisory Board," said Jim Herbert, Chairman and CEO. "The advice and counsel of highly respected community leaders will help us further develop innovative new programs and will strengthen and focus the numerous initiatives we have had in place for many years."
The First Republic team supporting the Community Advisory Board includes Dr. Sandra Hernandez, First Republic board member, who is President and CEO of the California HealthCare Foundation and founding head of San Francisco Foundation; Edward Dobranski, Executive Vice President and General Counsel; Rosana Han, Senior Vice President and Head of Community Reinvestment; Charlene Van Horn, Vice President and Fair and Responsible Banking Officer; and Lena Robinson, Director of Community Development.
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.
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SOURCE First Republic Bank