Press Release

For Immediate Release
April 5, 2005
 
Federal Home Loan Bank of San Francisco Elects Michael Roster to its Board of Directors
 
San Francisco—The Federal Home Loan Bank of San Francisco’s Board of Directors has elected Michael Roster to serve as an elected director representing California. Mr. Roster’s term will expire on December 31, 2005.
 
Mr. Roster is Executive Vice President and General Counsel of World Savings Bank, FSB, as well as Golden West Financial Corporation, World Savings’ $110 billion holding company that operates in 38 states. Before that, he was General Counsel of Stanford University and Stanford Medical Center between 1993 and 2000. Prior to that, he was Managing Partner of Morrison & Foerster’s Los Angeles office, as well as Co-chair of the firm’s Financial Services Practice Group nationwide. Mr. Roster is currently a director of the California Bankers Association and previously has served as Chair of the Association of Corporate Counsel (ACCA), outside director and Vice Chair of Silicon Valley Bank, Chair of the Stanford Alumni Association, and Chair of two start-up companies, Insert Therapeutics and Encirq. He earned his J.D. and A.B. in Political Science and Communications from Stanford University.
 
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 358 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


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