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Fact Sheet
Overview
At the Federal Home Loan Bank of San Francisco, we promote housing, homeownership, and community economic development by linking our member financial institutions to the worldwide capital markets. Prompt, reliable access to low-cost funding enables our members to achieve their financial objectives and meet the credit needs of their communities.
Our members—our shareholders and customers—are headquartered in Arizona, California, and Nevada. Members may include federally insured depositories—commercial banks, credit unions, industrial loan companies, and savings institutions—as well as insurance companies and community development financial institutions, including privately insured, state-chartered credit unions and community development loan funds and venture capital funds that are certified by the Community Development Financial Institutions Fund of the U.S. Department of the Treasury.
We are part of a network of 12 regional Federal Home Loan Banks created by Congress in 1932. Each FHLBank is a separately chartered entity, with its own board of directors and management. The capital stock of each FHLBank is held by its members.
We make credit available so member financial institutions can make home mortgage, commercial real estate, small business, and other loans. We also support affordable housing and economic development through partnerships with local communities. As part of this effort, we contribute 10% of our income to the Affordable Housing Program, which provides grants to create affordable housing for lower-income households and individuals. Since the inception of the AHP, the Bank has awarded $683 million in AHP grants to support the purchase, development, or rehabilitation of over 100,000 affordable homes in Arizona, California, Nevada, and other states served by our members.
Bank Facts
President and CEO: Dean Schultz
Chairman of the Board of Directors: Timothy R. Chrisman
Total Assets: $128.3 billion (as of September 30, 2011)
Total Advances: $78.5 billion (as of September 30, 2011)
| Membership Composition (as of September 30, 2011): |
| Commercial Banks |
245 |
| Credit Unions |
98 |
| Savings Institutions |
19 |
| Industrial Loan Companies |
7 |
| Insurance Companies |
3 |
| CDFIs |
2 |
| Total: |
374 |
Headquarters: San Francisco
Federal Home Loan Bank District: 11th District (Arizona, California, and Nevada)
Address: 600 California Street, 3rd Floor
San Francisco, CA 94108
P.O. Box 7948 (94120)
(415) 616-1000
Revised: November 2011
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|
|
|
Fact Sheet
Overview
At the Federal Home Loan Bank of San Francisco, we promote housing, homeownership, and community economic development by linking our member financial institutions to the worldwide capital markets. Prompt, reliable access to low-cost funding enables our members to achieve their financial objectives and meet the credit needs of their communities.
Our members—our shareholders and customers—are headquartered in Arizona, California, and Nevada. Members may include federally insured depositories—commercial banks, credit unions, industrial loan companies, and savings institutions—as well as insurance companies and community development financial institutions, including privately insured, state-chartered credit unions and community development loan funds and venture capital funds that are certified by the Community Development Financial Institutions Fund of the U.S. Department of the Treasury.
We are part of a network of 12 regional Federal Home Loan Banks created by Congress in 1932. Each FHLBank is a separately chartered entity, with its own board of directors and management. The capital stock of each FHLBank is held by its members.
We make credit available so member financial institutions can make home mortgage, commercial real estate, small business, and other loans. We also support affordable housing and economic development through partnerships with local communities. As part of this effort, we contribute 10% of our income to the Affordable Housing Program, which provides grants to create affordable housing for lower-income households and individuals. Since the inception of the AHP, the Bank has awarded $683 million in AHP grants to support the purchase, development, or rehabilitation of over 100,000 affordable homes in Arizona, California, Nevada, and other states served by our members.
Bank Facts
President and CEO:
Dean Schultz
Chairman of the Board of Directors:
Timothy R. Chrisman
Total Assets: $128.3 billion (as of September 30, 2011)
Total Advances: $78.5 billion (as of September 30, 2011)
| Membership Composition (as of September 30, 2011): |
| Commercial Banks |
245 |
| Credit Unions |
98 |
| Savings Institutions |
19 |
| Industrial Loan Companies |
7 |
| Insurance Companies |
3 |
| CDFIs |
2 |
| Total: |
374 |
Headquarters: San Francisco
Federal Home Loan Bank District: 11th District (Arizona, California, and Nevada)
Address: 600 California Street, 3rd Floor
San Francisco, CA 94108
P.O. Box 7948 (94120)
(415) 616-1000
Revised: November 2011
© 2000-2012 Federal Home Loan Bank of San Francisco
