Press Release

San Francisco—The Federal Home Loan Bank of San Francisco‘s members have reelected Kenneth R. Harder and elected David A. Funk to serve as industry directors. Both will serve three-year terms beginning January 1, 2005, and ending December 31, 2007.

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 and the City of Scottsdale Municipal Property Corporation. He is also a Director of the Scottsdale Preserve Authority. 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.

Mr. Funk is Director and President of Nevada Security Bank in Reno, Nevada. He serves as the National Director of the Independent Community Bankers Association and State Chairman of the American Bankers Association. He also serves on the Board of Directors of the Marine Memorial Association, serves on the Membership Committee of the Washoe Health Systems, and is Chairman of the Board of Kid’s Klub.   Mr. Funk attended the University of Nevada, Reno, and is a graduate of the Pacific Coast Banking School.

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 345 commercial bank, savings institution, credit union, thrift and loan, and insurance company members headquartered in Arizona, California, and Nevada.

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

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