San Francisco FHLB Lifts Second QuarterPayout

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SAN FRANCISCO - (08/11/04) -- The Federal Home Loan Bank of SanFrancisco said it will pay its member financial institutions asecond quarter dividend of 4.68% (annualized), up from 3.95% in thefirst quarter. The second-quarter payout is one of the highest bythe 12 regional FHLBs. The bank has 338 members, including 71credit unions.

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