
First Republic Bank
Risk Level:
Summary:
Although First Republic Bank has not used its corporate reputation to support ideological causes, the bank terminated a bank account affiliated with former President Donald Trump. First Republic also uses ESG guidelines to "screen" potential clients, and as a result, the bank will not do business with firearm manufacturers and other industries. First Republic Bank does not have viewpoint protections for its employees. For these reasons, First Republic receives a "High Risk" rating.
Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.
First Republic has a separate Supplier Diversity Program, keeping any diversity requirements from interfering with its existing suppliers (1). However, First Republic will not invest in fossil fuel companies, and the bank uses an ESG-based screening process to avoid investment in companies that deal in alcohol, tobacco, firearms, and GMOs (2)(3). First Republic Bank also closed then-President Donald Trump’s checking account, which held $50,000. (4).
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
First Republic does not protect employees from political viewpoint discrimination (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
First Republic has not publicly funded ideological groups or causes.
All links were last accessed and all information was updated on:
March 24, 2023
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