The Board of Directors of the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) announced that it has selected Jeffrey K. Ball to fill an upcoming vacancy on the board. He will serve from January 1, 2018 and through December 31, 2020. Ball is President, CEO, and Director of Friendly Hills Bank, Whittier, California.
FHLBank San Francisco provides low-cost funding that allows member institutions to provide mortgage loans to consumers of all income levels. Member institutions are located in Arizona, California, and Nevada and include commercial banks, credit unions, industrial loan companies, savings institutions, insurance companies, and community development financial institutions.
Ball is replacing Richard A. Heldebrant, President and CEO of Star One Credit Union, Sunnyvale, California, who recently announced his retirement from the board and Star One.