Statement by Ryan Donovan on Selection of Alanna McCargo as New FHLBank San Francisco President and CEO
08 Mayo 2024 - 7:15AM
The Council of Federal Home Loan Banks, the public voice of the
Federal Home Loan Bank System (FHLBank System), today issued the
following statement attributable to Council President and CEO, Ryan
Donovan, in reaction to FHLBank San Francisco’s announcement of
Alanna McCargo as its new President and Chief Executive Officer.
“We congratulate Alanna McCargo on her selection as President of
the Federal Home Loan Bank of San Francisco. Ms. McCargo brings a
wealth of experience in both financial services and housing and her
commitment to advancing affordable housing initiatives will serve
FHLBank San Francisco and the FHLBank System well. I look forward
to working with her.”
About: The FHLBanks are 11 regionally based,
wholesale suppliers of lendable funds to financial institutions of
all sizes and many types, including community banks, credit unions,
commercial and savings banks, insurance companies, and community
development financial institutions. The FHLBanks are cooperatively
owned by member financial institutions in all 50 states and U.S.
territories. The steady supply of lendable funds from FHLBanks
helps U.S. lenders invest in local needs including housing, jobs,
and economic growth. The Council of FHLBanks represents all 11
FHLBanks.
CONTACT INFORMATIONCouncil of FHLBanksPeter E.
Garuccio202-955-0002 ext. 14pgaruccio@cfhlb.org