FHLBank San Francisco CEO Teresa Bryce Bazemore Named One
SAN FRANCISCO, Oct 07, 2021 (GLOBE NEWSWIRE) – The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) congratulates President and CEO Teresa Bryce Bazemore on her recognition as one of the most influential women in the Bay Area economy for 2021 by the San Francisco Business Times. Bazemore and the other honorees will be celebrated at a virtual event today.
The annual list recognizes the leadership and accomplishments of women in a wide cross-section of industries, and Bazemore has wasted no time driving change in her industry since joining FHLBank San Francisco last March. “I want to thank the San Francisco Business Times for this recognition,” said Bazemore. “And to extend my congratulations to all of the amazing, inspiring women on the Influential Women list in 2021. I feel honored to be in such a company. “
Bazemore is a pioneer in the financial industry and a seasoned executive with over 25 years of leadership experience building and running mortgage insurance and service companies. Bazemore was appointed to her role at FHLBank San Francisco, effective March 15, and has been a driving force in responding to the economic impact of the pandemic and the differences it highlighted. With a passion for creating wealth for all, Bazemore is focused on leveraging the bank’s existing affordable housing, first home buyers and economic development grant programs, as well as brand new initiatives to serve in the communities of the bank and its member financial institutions.
“I am thrilled to come to work every day and work with my team to empower our members to best serve their customers and communities,” said Bazemore. “With the economic shocks and upheavals of the pandemic behind us, the bank’s business operations and community support initiatives need to be even more resilient to fulfill our mission to make all of our communities more equitable and resilient.”
To that end, Bazemore followed the recently announced collaboration between FHLBank San Francisco and the Urban Institute that focused on the home ownership gap between black and white. The two-year, $ 1.5 million research and product development initiative called Racial Equity Accelerator for Homeownership aims to address some of the most persistent challenges in closing racial home ownership and wealth accumulation challenges. She is also committed to helping the bank play a bigger role in supporting infrastructure projects that improve the quality of life for residents in its Arizona, California and Nevada offices.
Bazemore has paved the way for women in the financial services industry throughout her career and serves as an important role model for emerging generations. She draws on her wealth of experience in the home finance industry to find workable solutions to complex and ongoing challenges facing the bank’s member lenders and the customers and communities they serve. Prior to her appointment to FHLBank San Francisco, she rose to the position of President of Radian Guaranty. Prior to joining Radian, she served as general counsel and in executive positions at Nexstar Financial Corporation and in the mortgage banking business of Bank of America. As a former member of the Board of Directors of FHLBank Pittsburgh, Bazemore currently serves on the boards of First Industrial Realty Trust, Inc. and T. Rowe Price Funds. Her career roles have included serving on the Federal Reserve Bank of Philadelphia Economic Advisory Board, Fannie Mae National Advisory Board, and the Federal Reserve Consumer Advisory Board.
Via the Federal Home Loan Bank of San Francisco
The Federal Home Loan Bank of San Francisco is a member-operated cooperative that helps local lenders in Arizona, California, and Nevada build strong communities, create opportunities, and change lives for the better. The tools and resources that we make available to our member financial institutions – commercial banks, credit unions, industrial credit companies, savings institutions, insurance companies and financial institutions for community development – promote home ownership, expand access to high-quality housing, establish or support small businesses and revitalize entire neighborhoods. Together with our members and other partners, we make the communities we serve more vibrant and resilient.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d88ba855-3269-488d-bbab-73ef8e546e2a.
