Susan M. Ifill Joins First Republic's Community Advisory Board
CEO of Neighborhood Housing Services of New York City Is Newest Member
First Republic Bank (NYSE:FRC), a leading private bank and wealth management company, today announced that Susan M. Ifill, a nationally respected community development leader and CEO of the Neighborhood Housing Services of New York City (NHSNYC), has joined the bank’s Community Advisory Board.
Ifill has extensive expertise in affordable housing, financial empowerment and economic development initiatives. She has more than 28 years of experience in corporate financial management and nine years in nonprofit community development in New York.
As CEO of the nonprofit NHSNYC, she leads a team focused on revitalizing underserved neighborhoods in New York City. Since 1982, NHSNYC has helped facilitate more than $2 billion in investments in low-and-moderate-income communities throughout New York City, including $1.65 billion in affordable mortgage financing to help 7,400 families become homeowners.
Jim Herbert, Chairman, CEO & Founder of First Republic, said: “Susan Ifill is a highly respected community leader who shares First Republic’s long-term commitment to building strong communities. Susan’s perspective will complement the ongoing outstanding work of the Community Advisory Board.”
Susan M. Ifill said: “I’m very pleased to be working with First Republic and the members of the Community Advisory Board. First Republic is a leader and innovator in delivering programs that support low-to-moderate income and underserved minority communities.”
The mission of First Republic’s Community Advisory Board is to further strengthen the bank’s fair lending and Community Reinvestment Act (CRA) programs for low-to-moderate income and underserved minority communities. The Board provides strategic guidance that advance the bank’s initiatives regarding affordable housing, small business and economic development, and financial empowerment.
The members of the Community Advisory Board are:
- Faith Bautista, President and Chief Executive Officer, National Asian American Coalition (NAAC), and Chief Executive Officer, National Diversity Coalition (NDC).
- 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. Jensen is the current Board chair.
- Claudia Viek, Founder and Catalyst, Invest In Women Entrepreneurship Initiative
For more information about the Community Advisory Board and First Republic’s commitment to its communities, click here.
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 and offers a complete line of products, including residential, commercial and personal loans, deposit services, and wealth management. Services are offered through preferred banking or wealth management offices primarily in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach and San Diego, California; Portland, Oregon; Boston, Massachusetts; Palm Beach, Florida; Greenwich, Connecticut; New York, New York; and Jackson, Wyoming. First Republic is a constituent of the S&P 500 Index and KBW Nasdaq Bank Index. For more information, visit firstrepublic.com.