Nov 21, 2014 - Brian Riley
Lake Havasu City- The Federal Home Bank of San Francisco announced the results of the 2014 director elections. The Federal Home Bank of San Francisco is one of twelve district banks in the Federal Home Loan Bank System. Each bank is governed by a Board of Directors that is elected by its member institutions.
Brian M. Riley, President and Chief Executive Officer of Mohave State Bank, was elected by eligible Arizona Institutions as an Arizona member director. The director position has a four-year term beginning on January 1, 2015. (Click here for election results)
The mission of the Federal Home Loan Bank of San Francisco, as stated on its website, is to enable families and individuals of all income levels to obtain quality housing and become homeowners by providing wholesale products and services that help member financial institutions: expand the availability of mortgage credit, compete more effectively in their markets, and foster strong and vibrant communities through community and economic development.