The president and chief executive of Pacific Premier Bancorp (PPBI) in Irvine, Calif., has been elected to the board of the Federal Home Loan Bank of San Francisco.

Pacific Premier said in a press release Tuesday that Steven Gardner will begin serving a four-year term on the board on Jan. 1. The board is elected by financial institutions that are FHLB members.

Gardner has also served as vice chairman of the Federal Reserve Bank of San Francisco’s Twelfth District Community Depository Institutions Advisory Council and as president and chairman of the trade group California Independent Bankers.

The $1.6 billion-asset Pacific has 13 branches in southern California, along with an office in Dallas.

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