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FHLBank San Francisco Names Anne Segrest McCulloch Chief

SAN FRANCISCO, November 9, 2021 (GLOBE NEWSWIRE) – The Board of Directors of the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) has appointed Anne Segrest McCulloch as Executive Vice President, Chief Legal Officer and Corporate Secretary August 2021. Ms. McCulloch, a seasoned financial services and housing lawyer with more than 30 years of industry experience, will take over the position following the departure of current Executive Vice President, Chief Legal Officer and Company Secretary Suzanne Titus-Johnson.

“I am very happy to welcome Anne to the team. Anne’s understanding of the legal and regulatory landscape of the housing industry combined with her long history of leveraging legal strategies to expand affordable housing will benefit the bank and our entire membership base, “said Teresa Bryce Bazemore, President and CEO of FHLBank San Francisco.

Ms. Titus-Johnson has been with the bank since 1986 and has made countless contributions to the bank’s mission to provide members with reliable access to affordable liquidity, essential financial services and expertise, and resources for affordable housing and economic development.

“Suzanne has been an integral part of the bank’s management team for 35 years. Throughout her tenure, she has provided solid legal advice and problem-solving strategies that have set us up for the future, ”said Bazemore. “On behalf of the Board of Directors and the management team of the bank, I would like to thank Suzanne for her excellent leadership and trusting partnership during her tenure.” Titus-Johnson will retire on December 17, 2021.

As Chief Legal Officer, Ms. McCulloch will be responsible for providing legal advice to the bank’s management and board of directors, including advising on regulatory matters relating to the development and implementation of the bank’s business strategies, policies and practices. She will also lead and lead the bank’s legal department, outside lawyers and the public affairs team.

Ms. McCulloch is currently the President and Chief Executive Officer of Housing Partnership Equity Trust, a national public real estate investment trust focused on the preservation and maintenance of affordable rental housing in the United States. A recognized authority on housing, she has held senior positions at Fannie Mae, the U.S. Department of Housing and Urban Development, the Federal Deposit Insurance Corporation, and the Resolution Trust Corporation. McCulloch holds a bachelor’s degree in American studies and a law degree from Tulane University. She will report to Mrs. Bazemore.

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. Our member financial institutions – commercial banks, credit unions, industrial credit companies, savings institutions, insurance companies and community development financial institutions – rely on us to provide quick access to low-cost financing, risk management tools and resources for affordable housing and community economic development. Together with our members and other partners, we make the communities we serve more resilient and vibrant.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e2339723-44bd-4d81-bf04-c9e3a380c2df

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