Examples of FHLB of San Francisco in a sentence
The FHLB of San Francisco is by far the largest institution ($323.0 billion), accounting for almost a quarter of the FHLB System's assets.
If the FHLB of San Francisco fails to announce such rate for the calendar month immediately preceding such Eleventh District Cost of Funds Rate Interest Determination Date, then the Eleventh District Cost of Funds Rate determined as of such Eleventh District Cost of Funds Rate Interest Determination Date shall be the Eleventh District Cost of Funds Rate in effect on such Eleventh District Cost of Funds Rate Interest Determination Date.
The “Eleventh District Cost of Funds Rate index” will be the monthly weighted average cost of funds paid by member institutions of the Eleventh Federal Home Loan Bank District that the FHLB of San Francisco most recently announced as the cost of funds for the calendar month preceding the applicable Interest Determination Date.
If the FHLB of San Francisco fails to announce such rate for the calendar month next preceding such Eleventh District Cost of Funds Rate Determination Date, then the Eleventh District Cost of Funds Rate for such Eleventh District Cost of Funds Rate Determination Date will be the Eleventh District Cost of Funds Rate in effect on such Eleventh District Cost of Funds Rate Determination Date.
The Interest Determination Date with respect to the Eleventh District Cost of Funds Rate will be the last working day of the month immediately preceding each Interest Reset Date on which the Federal Home Loan Bank of San Francisco (the "FHLB of San Francisco") publishes the Index (as defined below).
The “ Eleventh District Cost of Funds Rate Index” will be the monthly weighted average cost of funds paid by member institutions of the Eleventh Federal Home Loan Bank District that the FHLB of San Francisco most recently announced as the cost of funds for the calendar month preceding the applicable Interest Determination Date.
The percentage of each bank's capital that is accounted for by its five largest members ranges from 30% (the FHLB of Chicago) to 73% (the FHLB of San Francisco); the weighted average for the entire System is 53%.
Similarly, the percentage of each bank's advances that is accounted for by its five largest users range from 40% (the FHLBs of Chicago and of Des Moines) to 78% (the FHLB of San Francisco), and the System's weighted average is 59%.
Washington Mutual Bank, FA is a member in good standing of the FHLB of San Francisco.
A primary additional funding source for the Company is a credit line with the FHLB of San Francisco of up to 50% of the Company’s total assets.