Washington, DC 20549
Date of Report (Date of earliest event reported) December 3, 2009
FEDERAL HOME LOAN BANK OF SAN FRANCISCO
(Exact name of registrant as specified in its charter)
600 California Street
San Francisco, CA 94108
(Address of principal executive offices, including zip code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ]Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ]Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
The board of directors ("Board") of the Federal Home Loan Bank of San Francisco (the "Bank") selected J. Benson Porter to fill a vacant member director position on the Board, effective December 3, 2009. The director position, currently allocated to California, has a term ending December 31, 2009. As previously disclosed, Mr. Porter was elected to this position for a four-year term beginning January 1, 2010, by the Bank's California institutions in the 2009 director election.
Mr. Porter is President and Chief Executive Officer of Addison Avenue Federal Credit Union, Palo Alto, California. The Bank's Board has appointed Mr. Benson to the Finance Committee of the Board.
The Bank will pay compensation to Mr. Porter for his service on the Bank's Board during 2009 in accordance with the Bank's 2009 Board of Directors Compensation and Expense Reimbursement Policy.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.