Exhibit 812

Federal Reserve Bank of San Francisco, Circular 3: Results of Director Election

Exhibit 812 · Agency notice

Federal Reserve Bank of San Francisco, Circular 3: Results of Director Election

was re-elected by banks in Group One as a Class A director for a second three-year term ending December 31, 2024.

Reports that Greg Becker, president and CEO of SVB Financial Group and CEO of Silicon Valley Bank, was re-elected by banks in Group One as a Class A director for a second three-year term ending 31 December 2024.

Source: Federal Reserve Bank of San Francisco
Date: 10 September 2021
Quoted from: Second bullet paragraph
Grade: Primary record
Document: https://www.frbsf.org/wp-content/uploads/09102021-Election-Circular-3-Results-of-Elections_final.pdf
Accessed: 2026-11-09
Cited by: Findings citing this exhibit

Cited by

Finding POL-8.17: Primary record Greg Becker, chief executive of Silicon Valley Bank, served as a Class A director of the Federal Reserve Bank of San Francisco from 1 January 2019 while the Fed supervised the bank. The OIG wrote that his board service "created an appearance of a conflict of interest for the System" and reported hearing of no influence on supervision.