bank rates

Review: First Republic Bank CD Rates

First Republic Bank logoYou won’t find a single above-average CD rate at First Republic Bank.

Your best bet at this San Francisco-based bank with 68 offices in California and Oregon on the West Coast and Connecticut, Massachusetts and New York on the East Coast?

Skip it.

You’ll find much better deals on our CD Rates Leaderboard.

I know I sound like a broken record in these big bank reviews, but, really, I’m not sure what else to say when I find CD rates like these:

0.05% APY for 3-month CDs versus an average rate of 0.12% APY. (Leaderboard leader is 0.65% APY.)

0.05% APY for 6-month CDs versus an average rate of 0.17% APY. (Leaderboard leader is 0.90% APY.)

0.10% APY for 12-month CDs versus an average rate of 0.27% APY. (Leaderboard leader is 1.05% APY.)

0.20% APY for 24-month CDs versus an average rate of 0.43% APY. (Leaderboard leader is 1.30% APY.)

0.30% APY for 36-month CDs versus an average rate of 0.53% APY. (Leaderboard leader is 1.40% APY.)

0.60% APY for 60-month CDs versus an average rate of 0.87% APY. (Leaderboard leader is 2.05% APY.)

First Republic Bank has different rate sheets on its website for the regions in serves. I reviewed all six of them and found CD rates are consistent.

You can learn more about First Republic Bank at or call 888-408-0288.

There are definitely better deals out there, and you’ll find them if you compare First Republic’s returns with the best CD rates from scores of other banks in our extensive database.

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Comments (3)
1 Star2 Stars3 Stars4 Stars5 Stars (5 votes, average: 3.40 out of 5)
3 Existing Comments
  1. SeniorSaver said:
    on January 26th at 10:03 am

    The way First Republic has been shedding deposits has me scratching my head. The bank did some great 2-year CD promotions in the year before Colony Capital bought it from BofA, then did a 180 and dropped rates to uncompetitive levels. As a result, I closed every 2-year CD I opened once it matured, and no longer have any accounts there. Strange–or maybe not, in the Bernanke zero interest rate policy/QE-forever era.

  2. jackson offenheimer said:
    on January 26th at 01:04 pm

    i agree with ss and do not 4get operation twist

  3. etxet cash said:
    on January 30th at 04:31 pm

    i only invest in bonds and mutual funds cds are useless