Teresa Bryce Bazemore

Bank CEO Teresa Bryce Bazemore was born on July 31, 1959, to Dorothy Hicks Bryce and Burie Bryce in Norfolk, Virginia. She received her B.A. degree in interdisciplinary studies from the University of Virginia in 1981 and her J.D. degree from Columbia Law School in 1984.

After graduating from Columbia Law School, Bazemore was hired by the New Jersey Supreme Court as a law clerk before joining Piper & Marbury in 1985 as an associate attorney. She was hired in 1990 by Prudential Home Mortgage as associate general counsel and then, in 1994, she became general counsel for the PNC Mortgage Corporation of America. In 1997, Bazemore moved to NationsBanc Mortgage Corporations, which subsequently became Bank of America Mortgage, as its general counsel of mortgage legal and the managing attorney for community development. She joined Nexstar Financial Corporation in 2000 as general counsel and corporate secretary. In 2006, she first became general counsel and corporate secretary of Radian Group in 2006 and then also became chief risk officer before being promoted to president of Radian Guaranty, Inc. in 2008. In 2021, Bazemore became the CEO and president of the Federal Home Loan Bank System of San Francisco, where she works to promote homeownership and expand housing access in Arizona, California, and Nevada.

She has been a member of the Public Media Company board of directors since 2009 and from 2019 to 2021 she served as chair of the board. Bazemore became the first woman and person of color to chair the Kimmel Center for the Performing Arts in 2014, where she served for four years. In 2017, she became a member of the board of directors of the Federal Home Loan Bank of Pittsburgh and the Chimera Investment Corporation. Bazemore joined the T. Rowe Price Funds’ board of directors and audit committee in 2018 and the SoCal Chapter of the International Women’s Forum board of trustees in 2022. She served as T. Rowe Price Funds’ audit chair from July 2020 through October 2023. Bazemore joined the First Industrial Realty Trust’s board of directors in 2020 and since then as its audit chair. Bazemore is a member of the Delta Sigma Theta Sorority, Inc. and The Girl Friends, Inc.

Bazemore has received numerous recognitions for her professional achievements. These include the first Trailblazer Award from the National Association of Minority Mortgage Bankers of America in 2017, the Paradigm Award from the Chamber of Commerce for Greater Philadelphia in 2017, the Most Influential Black Executives in Corporate American from Savoy Magazine in 2022 and the Woman of the Year Award from the Financial Women of San Francisco in 2023.

Bazemore and her husband, Leonard, live in Los Angeles, California. Bazemore has three stepchildren with Leonard, Alexis, Jordan, and Devon Bazemore.

Teresa Bryce Bazemore was interviewed by The HistoryMakers on January 5, 2024.