Federal Reserve Bank of San Francisco

Results of Director Elections

September 29, 2017

This letter is in regard to the election of directors of this Bank to succeed Mr. Richard A. Galanti, a Class B director, elected by banks in Group Two, and Ms. Megan F. Clubb, a Class A director, elected by banks in Group Three, whose terms end on December 31, 2017. These elections have been duly held in accordance with the requirements of Section 4 of the Federal Reserve Act and the provisions of the circulars issued by this office dated July 19 and September 7, 2017.

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