First Republic Bank Money Market Savings Account Review

First Republic Bank is based in San Francisco, CA. It was founded in 1985 and offers its money market accounts in 6 states across the USA.

If you're considering a money market account and want to know whether First Republic Bank Money Market Savings Account is right for you, read on.

Is First Republic Bank Money Market Savings Account insured by the FDIC?

FDIC insured. First Republic Bank Money Market Savings Account is a member of the Federal Deposit Insurance Corporation (FDIC). The FDIC insures deposits in money market accounts up to $250,000 per depositor if a member institution fails.

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

First Republic Bank Money Market Savings Account offers an APY starting at .10% and ranging up to .70% (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)	.10% - .70%

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

First Republic Bank Money Market Savings Account does not charge a monthly maintenance fee. 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?

No minimum initial deposit. First Republic Bank does not require a minimum initial deposit to open an 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 does not seem to offer any of the features and perks we track.

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.