FHLBank San Francisco Statement in Response to Silicon Valley Bank Event
March 10, 2023:
As we have for more than 90 years, the FHLBank System, including the San Francisco Bank, stands ready to assist our members in any economic environment.
Today’s Silicon Valley Bank event is unfortunate, but does not impact the financial strength and stability FHLBank San Francisco provides to our members, and, as such, the greater financial industry.
FHLBank San Francisco continues to be a AAA-rated financial institution that is highly regulated by the Federal Housing Finance Agency.