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First Republic Bank increases presence in San Francisco-Bay Area

First Republic Bank, a provider of private banking and wealth management services, has opened Montclair office to serve its growing number of clients in the East Bay.

The bank said its Montclair office, seventh in the East Bay, will provide lending, deposits and wealth management services to individuals, businesses, foundations and nonprofits. The bank has 33 offices in the San Francisco-Bay Area.

East Bay senior managing director Silvia Fernandez will oversee the relationship manager teams in the Montclair and Walnut Creek offices.

Fernandez has 30 years of financial services experience and most recently was head of private client services for Silicon Valley Bank.

According to the bank, both managing directors Iris Chavarria and Martha Johnson Mastracci will join Fernandez.

Chavarria has 16 years of financial services experience and Mastracci has 25 years of financial services experience.