The Federal Home Loan Bank of San Francisco has named Stephen P. Traynor, executive vice president and chief banking officer, as acting president and CEO, effective upon Greg Seibly’s resignation to take a similar post at Union Bank.
“On behalf of the board and the entire bank, I would like to thank Greg for his valuable contributions,” said Dan Siciliano, chairman of the board. “Under his leadership, we have seen the bank expand our member outreach, enhance our community investment activities, strengthen our financial position, and revitalize our culture. Greg was the driving force behind these accomplishments and has been instrumental in shaping the Federal Home Loan Bank of San Francisco into what it is today.”
Siciliano added, “The bank’s Board has taken steps to establish a search committee and will conduct a thorough search to identify the next President and CEO. We are confident that Stephen Traynor will continue to drive the bank forward in his role as acting president and CEO. We wish Greg the very best in his future endeavors.”
In his 25 years with the bank and as a long-standing member of the bank’s leadership team, Traynor has been involved with every aspect of the bank’s business. He joined the bank in 1995 as assistant treasurer and was promoted to senior vice president, sales and marketing, in 1999. His responsibilities expanded in 2004 when he began managing the bank’s Community Investment Department. He was promoted to senior vice president and chief banking officer in 2017. In that role, he has led the bank’s Sales, Marketing, Credit, Collateral, Community Investment, and Public Affairs departments.
The Federal Home Loan Bank of San Francisco is a member-driven cooperative helping local lenders in Arizona, California, and Nevada.
