Our Mission

To provide members with prompt, on-demand liquidity in support of housing, local community development and financial stability.

Our Values

Member-Focused

Collaborative

Diverse & Inclusive

Accountable

Results-Oriented

Latest News

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October 16, 2025 | Bulletins

Change in Letters of Credit (LOC) Fulfillment Period

Effective November 3, 2025, if a default occurs and a LOC draw certificate is submitted, the FHLBNY will disburse payment no later than the close of business on the next business day following its receipt of the draw certificate. Previously, payments were made the same day if the LOC draw certificate was submitted before 11:00 a.m.; otherwise, payment was processed the next business day. This modification only applies to LOCs issued on or after November 3, 2025.

October 15, 2025 | President's Reports

Report from the President: At the Center of Our Mission, Our Members and the Market

Over the course of our 93-year history, the Federal Home Loan Bank System has changed in many ways, from the expansion of our membership to the creation of additional ways to support housing, including the Affordable Housing Program (AHP) and our Mortgage Asset Program (MAP®).  But all of this growth and change is built upon and stems from our unwavering commitment to our foundational liquidity mission.

September 18, 2025 | Press Releases

Christopher Martin Elected Chair of Federal Home Loan Bank of New York

New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) announced today that Christopher Martin has been elected by its Board of Directors (“Board”) to serve as Board chair for a two-year term that will commence on January 1, 2026.  Mr. Martin, who is executive chairman of Provident Financial Services, Inc. and Provident Bank, has served on the FHLBNY’s Board as a Member Director since January 1, 2015.  He currently serves as the chair of the Board’s Corporate Governance and External Affairs Committee and as a member of its Executive, Compensation & Human Resources, and Strategy and Business committees.  

Updates & Notices

Financial Reports - SEC EDGAR Filings: Second Quarter (10-Q)

The FHLBNY has filed our Second Quarter 2025 Form 10-Q with the SEC: HTML | XBRL

Homebuyer Dream Program® Suite Participation

Homebuyer Dream Program® Suite Participation

Homebuyers must work directly with members to access these programs.

The FHLBanks Impact Report

The Federal Home Loan Banks 2024 Impact Report is Now Available

Discover how the Federal Home Loan Bank System is advancing its mission to provide reliable liquidity and support housing affordability across the nation – with a record $1.2 billion committed to housing and economic development in 2024.

Read 2024 Impact Report

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Financial Intelligence

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October 10, 2025

MSD Weekly Market Update: Week Ending October 10, 2025

The past week was relatively light on economic data, and the ongoing federal government shutdown has prevented multiple reports from being released. The markets thus far have remained calm in response to the shutdown and await further news on a resolution. The lack of data has led to lower volumes and low volatility. The yield curve still prices a near-certain 25-bps cut by the Fed on October 29th, as labor market-related data has portrayed a decidedly less dynamic state, plus the shutdown may impair near-term economic conditions. From the Fed’s perspective, the shutdown comes at an inopportune time, given that the October 29th FOMC decision is “live”, and so the Fed would ideally want fresh data. The past week’s jobless claims were again unreleased, thereby leaving only private tier-2 reports in the past two weeks, which mostly corresponded with a less fluid jobs market and may improve the odds of another rate cut this month.

What goes up must come down
September 11, 2025

Addressing Potential Risks with the Fixed-Rate Advance with a SOFR Cap

We are now experiencing a “higher for longer” phase in the interest-rate cycle, accompanied by an inversion in the short-to medium terms followed by a steepening (see following chart). The Fed is still in a restrictive posture, but market expectations indicate a near-term easing, however, uncertainty surrounding the potential of future heightened growth leading to elevated inflation is causing steepening at the longer-end of the curve…

2023 Kristina Hooper Webinar
May 25, 2025

Mid-Year Outlook: Managing Through Rising Risks

Kristina Hooper discusses her outlook for the economy and markets for the remainder of 2023 and beyond. From recent challenges in the banking industry to inflation to earnings, 2023 has already faced a variety of uncertainties…