First Republic Bank CD Rates: May 2025

First Republic’s high-yiဣeld CDs offer attracꦿtive rates to boost your savings

By

澳洲幸运5开奖号码历史查询:Lindsay VanSomeren

Updated April 30, 2025

Financial advisor with clients — Ridofranz /Getty Image

Warning

On May 1, 2023, First Republic Bank was seized by the Federal Deposit Insurance Corporation (FDIC) and 澳洲幸运5开奖号码历史查询:sold to JPMorgan Chase. Depositors h🌼ave full access to their d𝓀eposits with Chase, and can still manage their accounts through First Republic's website.

See 澳洲幸运5开奖号码历史查询:Chase Bank CD Rates or the 澳洲幸运5开奖号码历史查询:Best CD Rates to open a new CD account.

Prior to being sold to Chase, First Republic Bank had many customers on the Pacific and Atlantic coasts, but its main focus has been wealthy people; it served 62% of high-net-worth families in these regions.

This was reflected in its CDs, which require an especially high minimum deposit to open, and its CD rates of up to 5,0%. Learn how those rates compared to some of the best CD rates.

First Republic Bank CD Rates
CD Term	APY	Minimum Balance
30 days	0.02%	$10,000
60 days	5.00%	$10,000
3 months	2.00%	$10,000
6 months	3.00%	$10,000
9 months	4.75%	$10,000
1 year	2.00%	$10,000
18 months	2.50%	$10,000
2 years	2.50%	$10,000
3 years	2.50%	$10,000
4 years	2.50%	$10,000
5 years	2.50%	$10,000
6 years	2.50%	$10,000

First Republic Bank's Liquid CD required a minimum deposit of $10,000 and had an APY of 0.01%. You only got one term length option for First Republic Bank’s 澳洲幸运5开奖号码历史查询:liquid (no-penalty) CDs.

Compare CD Account Rates

Some of First Republic Bank CD rates were actually quite good compared to other options, especially when you considered 澳洲幸运5开奖号码历史查询:large brick-and-mortar banks. Where it shined in high rates, however, it lacked i﷽n minimum balance requirements.

You could get 澳洲幸运5开奖号码历史查询:higher rates wit🉐h other online banks with no minimum deposit requirement, making them a more accessible ඣoption and a better deal to boot, if earning the best rates possible is what was most important to you.

First Republic Bank CD Key Features

While First Republic Bank had the potential to offer good returns, the minimum deposit requirement was high. But if y🦄ou had $10,000 to invest, these were th🌠e details about its standard CDs and CD specials.

First Republic Bank CD Key Features
APY Range	0.02%–5.00%
Minimum Balance	$10,000
Term Range	30 days–6 years
Early Withdrawal Penalty	For CDs under 1 year: 180 days’ interest For CDs over a year: 450 days’ interest
Grace Period for Penalty-Free Withdrawals	10 days

With First Republic B🥃ank✤’s liquid CD, you faced an early withdrawal penalty if you don’t time your withdrawals right or take out too much money.

First Republic Bank Liquid CD Key Features
APY Range	0.01%
Minimum Balance	$10,000
Term Range	8 months
Early Withdrawal Penalty	180 days’ of interest, unless: it’s been at least 7 days since you opened the CD, it’s been at least 7 days since your last withdrawal (if any), and your CD balance stays above $10,000
Grace Period for Penalty-Free Withdrawals	10 days

Pros and Cons of First Republic Bank CDs

Pros

Various terms

Cons

No longer available
Had many non-competitive rates

Pros Explained

Various terms: First Republic Bank CDs offered a range of term lengths of up to 6 years.

Cons Explained

No longer available: You can no longer get First Republic Bank CDs because the institution was acquired by JPMorgan Chase.
Had many non-competitive rates: First Republic CD often offered very low rates of as low as 0.01%.

About First Republic Bank

First Republic Bank was a San Francisco-based regional bank focused on 澳洲幸运5开奖号码历史查询:high-net-worth clients.

On May 1, 2023, First Republic Bank was seized by the Federal Deposit Insurance Corporation (FDIC) and 澳洲幸运5开奖号码历史查询:acquired by JPMorgan Chase. Part of the reason why it failed was because a large proportion of its deposits exceeded the limit for coverage by the 澳洲幸运5开奖号码历史查询:Federal Deposit Insurance Corp.𝓀 (FDIC).

Depositors have full access to their deposits with Chase, and can still manage their accounts through First Republic's website.

Alternatives to First Republic Bank CDs

In lieu of a First Republic Bank CD, which you can no longer get, consꦯider your alternatives at other institutions.

Other high-interest CDs: Many of First Republic Bank's CDs were not competitive. Check the 澳洲幸运5开奖号码历史查询:best CD rates currently available before making a deposit.
High-yield savings account: If you want to protect your funds while also earning interest, you can also consider a 澳洲幸运5开奖号码历史查询:high-yield savings account.
Checking account: A checking account is another option for storing your cash, especially if you don’t want to be subject to withdrawal limits. Some 澳洲幸运5开奖号码历史查询:high-interest checking accounts can provide more returns on your cash than traditional checking accounts.
Money market account: 澳洲幸运5开奖号码历史查询:Money market accounts are similar to savings accounts, though they may also come with check-writing abilities and a debit card. You can often earn a good rate on your savings, but you might have to deal with monthly fees or minimum balance requirements.
I bonds: I bonds from the U.S. government are an investment option for protecting your savings from inflation. I bonds may or may not offer a higher rate than the best CDs. When you invest, you have to commit to leaving your money in the I bond for at least a year.

Frequently Asked Questions (FAQs)

Are First Republic Bank CDs FDIC-Insured?

First Republic Banks were 澳洲幸运5开奖号码历史查询:FDIC-insured. FDIC insurance only covers your deposits up to $250,000 with any one bank. First Republ🌌ic Bank targeted high-net-worth indꦚividuals, so that was an important point to remember.

Are First Republic Bank CDs Worth Investing In?

If you had enough money ($10,000, to be exact) and you preferred ♛working with a bank that wasn’t mainstream yet still offers excelඣlent rates, then yes—First Republic Bank could have been a great option for you.

How Do You Get a CD With First Republic Bank?

Unfortunately, First Republic Bank itself wasn’t too open about 澳洲幸运5开奖号码历史查询:how to open one of its CDs. If you were already a customer,👍 you can open an account online within your online banking portal.

Your Guide to CDs

Article Sources

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