Bay Area even Star One will give you a jumbo deal. Chase Private Client definitely does jumbos.

Sure. Tell me what I already know. Former FRC client. You can get the mortgage then move the deposits somewhere to get a decent rate. I did it. Lots of others clearly did too. First Republic isn't offering anything that even a bottom tier private bank like Chase Private Client already is.

FRC had some nice ineterst only jumbo loans but other banks in the area already offer it. Ironically one of my banks now is SVB lol.

There's zero DD in here. It's hopes and dreams. FRC has said they're not selling. FRC employee morale is in the dumps according to the East Bay Times. Bad situation and your boss isn't open to selling? Sounds like a zombie bank. Oh, a zombie bank with a $20b hole in the balance sheet. Nah, I'm betting this one gets wiped out, too.

Not sticky at all. FRC makes you deposit a certain amount of assets in order to get favorable mortgage loan rates. Those deposits get bupkis for interest. Once your loan closes you can move the money elsewhere. They're not going to say you broke the covenant and foreclose on your underwater Bay Area home. Even during good times they would never do that. I know because I did it and asked friends if they did it, and they all said yes everyone does. Only the olds are keeping their money there and after last month I doubt even that's the case.

23.7% short fee rate on IBKR for FRC.

I also loved selling puts on SIVB until I didn't. I won't be able to sit down for years.

FRC is on the east coast, too. New England and Florida.

SVB was solely the Bay Area.