[2006alum]

Yes, we loved First Republic too, but transferred all deposits above FDIC limits out back in March (like everybody else). It's sad that the era of strong regional banks will likely be coming to an end, because they just won't be able to compete with the megabanks that have the size to be designated as SIFIs and essentially guarantee their deposits above FDIC limits...

[2006alum]

Yes, we loved First Republic too, but transferred all deposits above FDIC limits out back in March (like everybody else). It's sad that the era of strong regional banks will likely be coming to an end, because they just won't be able to compete with the megabanks that have the size to be designated as SIFIs and essentially guarantee their deposits above FDIC limits...