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Press Release

For Immediate Release
February 11, 2005
 
Federal Home Loan Bank of San Francisco Elects New Chairman, Vice Chairman to Board of Directors

San Francisco—The Federal Home Loan Bank of San Francisco’s Board of Directors has elected Timothy R. Chrisman to serve as Chairman and Kenneth R. Harder to serve as Vice Chairman.
 
Mr. Chrisman is a director of Commercial Capital Bank and Commercial Capital Bancorp, based in Irvine, California. In 2004, Commercial Capital Bancorp acquired Hawthorne Savings, where Mr. Chrisman was Chairman of the Board from 1995 to 2004. As the founder and Chief Executive Officer of Chrisman & Company, Inc., a retained executive search firm, Mr. Chrisman has provided board of director and executive management placement and human capital consulting to organizations and corporations for the past 25 years. He is on the National Board of Directors of Operation HOPE, Inc., a nonprofit social investment bank and a national provider of financial literacy and economic empowerment programs. Mr. Chrisman is also a mayoral-appointed Executive Committee Member of the Board of Directors of the Workforce Investment Board of Los Angeles. In addition, he serves as Acting Chairman of the Council of Federal Home Loan Banks and Chairman of the Chair-Vice Chair Committee of the Federal Home Loan Bank System.
 
Mr. Harder is Executive Vice President, Chief Operating Officer, and a Director of Northern Trust Bank, N.A., in Phoenix, Arizona. He is a director of the Greater Phoenix Economic Council, the Scottsdale Preserve Authority, and the City of Scottsdale Municipal Property Corporation, as well as a member of the Scottsdale Charros. He is a former President of the Scottsdale Chamber of Commerce, the Scottsdale Industrial Authority, and the Scottsdale Partnership. He also has served as a director of the Arizona Zoological Society and the Arizona Technology Incubator.
 
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 356 commercial banks, savings institutions, credit unions, thrift and loan companies, and insurance companies headquartered in Arizona, California, and Nevada.

Contact:
Tracy Fine, (415) 616-2707
finet@fhlbsf.com
© 2000-2008 Federal Home Loan Bank of San Francisco
Federal Home Loan Bank of San Francisco

Press Release

For Immediate Release
February 11, 2005
 
Federal Home Loan Bank of San Francisco Elects New Chairman, Vice Chairman to Board of Directors

San Francisco—The Federal Home Loan Bank of San Francisco’s Board of Directors has elected Timothy R. Chrisman to serve as Chairman and Kenneth R. Harder to serve as Vice Chairman.
 
Mr. Chrisman is a director of Commercial Capital Bank and Commercial Capital Bancorp, based in Irvine, California. In 2004, Commercial Capital Bancorp acquired Hawthorne Savings, where Mr. Chrisman was Chairman of the Board from 1995 to 2004. As the founder and Chief Executive Officer of Chrisman & Company, Inc., a retained executive search firm, Mr. Chrisman has provided board of director and executive management placement and human capital consulting to organizations and corporations for the past 25 years. He is on the National Board of Directors of Operation HOPE, Inc., a nonprofit social investment bank and a national provider of financial literacy and economic empowerment programs. Mr. Chrisman is also a mayoral-appointed Executive Committee Member of the Board of Directors of the Workforce Investment Board of Los Angeles. In addition, he serves as Acting Chairman of the Council of Federal Home Loan Banks and Chairman of the Chair-Vice Chair Committee of the Federal Home Loan Bank System.
 
Mr. Harder is Executive Vice President, Chief Operating Officer, and a Director of Northern Trust Bank, N.A., in Phoenix, Arizona. He is a director of the Greater Phoenix Economic Council, the Scottsdale Preserve Authority, and the City of Scottsdale Municipal Property Corporation, as well as a member of the Scottsdale Charros. He is a former President of the Scottsdale Chamber of Commerce, the Scottsdale Industrial Authority, and the Scottsdale Partnership. He also has served as a director of the Arizona Zoological Society and the Arizona Technology Incubator.
 
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 356 commercial banks, savings institutions, credit unions, thrift and loan companies, and insurance companies headquartered in Arizona, California, and Nevada.

Contact:
Tracy Fine, (415) 616-2707
finet@fhlbsf.com




© 2000-2008 Federal Home Loan Bank of San Francisco