A member of FHLBank San Francisco since 1973, East West Bank is based in Pasadena and ranks among the largest banks headquartered in California. East West Bank leverages its membership through a range of liquidity products and community programs that finance low- and moderate-income housing, contribute to economic development through grants to community organizations, and enhance bond pricing using FHLBank San Francisco letters of credit. 

Each business day, East West Bank Treasurer Chris Mattern relies on key data points, such as major deposit inflows or outflows — liquidity insights essential to managing a dynamic balance sheet. Just as critical is a clear understanding of potential sources of liquidity, including borrowing capacity from FHLBank San Francisco. Real time access to this information has proven indispensable. Over the past year, FHLBank San Francisco has provided East West Bank and other member institutions with flexible, efficient advances that supported fund flow management, enabled exit from the Federal Reserve’s Bank Term Funding Program (BTFP), and facilitated rapid response to needs arising from the Los Angeles wildfire crisis.

Read full press release here.