Press Release

San Francisco—The Federal Housing Finance Board has appointed John T. Wasley as a public interest director of the Federal Home Loan Bank of San Francisco. Wasley is a partner in the Los Angeles offices of Heidrick & Struggles, a retained executive search firm with more than 1,400 executive search professionals and employees operating from more than 50 locations around the world. Before beginning his recruiting career in 1997, he served as senior vice president of the People's Bank of California, where he was responsible for managing commercial lending, special assets, loan servicing, and corporate real estate. He is chairman of the Los Angeles Business Council and of Chrysalis, a nonprofit organization that works to help people achieve self-sufficiency through employment. Wasley's term on the Board of Directors runs through December 31, 2004.

About the Federal Home Loan Bank of San Francisco
The Federal Home Loan Bank of San Francisco delivers low-cost funding and other services that help member financial institutions make home mortgages to people of all income levels and provide credit that supports neighborhoods and communities. The Bank also funds community investment programs that help members create affordable housing and promote community economic development. The Bank serves and is owned by 348 commercial bank, savings institution, thrift and loan, credit union, and insurance company members headquartered in Arizona, California, and Nevada.

Contact:
Amy Stewart, (415) 616-2605
stewarta@fhlbsf.com

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