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EX-99.1 - EXHIBIT 99.1 PRESS RELEASE DATED AUGUST 13, 2015 - Federal Home Loan Bank of San Franciscoexhibit991.htm


 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

__________________
FORM 8-K
__________________


CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) August 12, 2015

__________________
FEDERAL HOME LOAN BANK OF SAN FRANCISCO
(Exact name of registrant as specified in its charter)
__________________
 
 
 
 
 
Federally chartered corporation
 
000-51398
 
94-6000630
(State or other jurisdiction
of incorporation)
 
(Commission File Number)
 
(IRS Employer 
Identification No.)

600 California Street
San Francisco, CA 94108
(Address of principal executive offices, including zip code)

(415) 616-1000
(Registrant's telephone number, including area code)

Not Applicable
(Former name or former address, if changed since last report)
__________________

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.

On August 12, 2015, incumbent member director Bradley W. Beal (President and Chief Executive Officer, One Nevada Credit Union, Las Vegas, Nevada) was declared elected to serve a new four-year term on the Board of Directors of the Bank, beginning January 1, 2016, and ending December 31, 2019. Only Mr. Beal was nominated and accepted the nomination for the Nevada member director position and under the rules of the Federal Housing Finance Agency, Mr. Beal was declared elected without an election. Mr. Beal's compensation for service on the Bank's Board will be subject to the Bank's annual Director Compensation and Expense Reimbursement Policy. The Bank’s Board appoints directors to its committees in January each year.

The Bank issued a press release announcing Mr. Beal’s new term. The press release is furnished as Exhibit 99.1 to this report. The information contained in Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.
(d)
Exhibits
 
 
 
 
 
99.1
Press Release, dated August 13, 2015, issued by the Federal Home Loan Bank of San Francisco


Signature(s)

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.


 
 
Federal Home Loan Bank of San Francisco
 
 
 
Date: August 13, 2015
 
By:               /s/ Lisa B. MacMillen                      
 
 
        Lisa B. MacMillen
        Executive Vice President and Chief Operating Officer