First Republic Bank Money Market Savings Account Review

First Republic Bank Money Market Savings Account is offered by First Republic Bank, a bank founded in 1985 and based in San Francisco, CA. First Republic Bank Money Market Savings Account is available in 6 states across the USA.

Are money market accounts from First Republic Bank federally insured?

Yes, your First Republic Bank money market accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What are the First Republic Bank Money Market Savings Account rates?

First Republic Bank Money Market Savings Account offers an APY starting at 0.05% and ranging up to 0.2% (APY stands for annual percentage yield, rates may change).

First Republic Bank Money Market Savings Account Rates and Terms

Rates	Amount
APY (Annualized Percentage Yield)	0.05% - 0.2%

What are the First Republic Bank Money Market Savings Account fees?

This account charges a monthly maintenance fee of up to $25. You can avoid this fee by maintaining a balance of $5,000.

First Republic Bank will charge you a $10 fee if you exceed your maximum number of monthly transactions.

Federal regulations limit the number of transactions you can make from your money market account to six per month.

First Republic Bank Money Market Savings Account Fees

Fees	Amount
Monthly Fee	up to $25
Paper Statement Fee	N/A
Excess Transaction Fee	$10

What is the minimum balance for First Republic Bank Money Market Savings Account?

Minimum initial deposit of $5,000. You must make an initial deposit of at least $5,000 to open this account.

Monthly maintenance minimum balance of $5,000. You can avoid the monthly fee if you keep a minimum balance $5,000.

What features and perks does First Republic Bank Money Market Savings Account offer?

This account includes the following features:

• Fraud monitoring - First Republic Bank monitors transactions for potentially fraudulent activity.

How to open an account with First Republic Bank

• Visit the First Republic Bank website.
• Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
• Check the information is accurate and submit your application.