Corporate Governance

The Federal Home Loan Bank of New York (FHLBNY), like all the other Federal Home Loan Banks, is governed by a Board of Directors, comprising Member Directors (who consist of officers and directors of member institutions) and Independent Directors (who are not affiliated with member institutions). Member Directors are elected by the FHLBNY's membership on a statewide basis; Independent Directors are elected by the FHLBNY's membership on a districtwide basis. The FHLBNY also has a Housing Advisory Council, which reports annually to the Federal Housing Finance Agency on the FHLBNY’s low-income housing activities. The advisory council consists of members from community-based non-profit organizations to advise on the low-income housing needs of our district.

About the FHLBNY's 2014 Director Election

The FHLBNY is pleased to announce that Mr. Kevin Cummings, Mr. Christopher Martin, Mr. David J. Nasca, Ms. Anne Evans Estabrook, and Mr. Richard S. Mroz have been elected to serve on the Board of Directors of the FHLBNY commencing on January 1, 2015.

View Results of 2014 Board of Director Elections

Corporate Governance Guidelines of the FHLBNY

Adopted by the Board: March 20, 2014

The Board of Directors (Board) of the FHLBNY, acting on the recommendation of its Corporate Governance Committee, has adopted a set of guidelines in furtherance of its continuing efforts to enhance its corporate governance.

View Corporate Governance Guidelines

FHLBNY Board Committee Charters & Roster

2014 Board of Directors
as of January 2014

 

2014 Board Committee Roster
as of April 2014

Executive Committee Charter
as of March 2014

 

Audit Committee Charter
as of March 2014

Compensation and Human Resources Committee Charter
as of March 2014

 

Corporate Governance Committee Charter
as of March 2014

Government and Congressional Affairs Committee Charter
as of March 2014

 

Housing Committee Charter
as of March 2014

Strategic Planning Committee Charter
as of March 2014

 

Risk Committee Charter
as of March 2014

 

Other Important FHLBNY Documents and Information

Bylaws
as of September 2009

 

Restated Organization Certificate
as of December 2005

Code of Business Conduct and
Ethics

as of December 2013

 

Reporting Ethics Violations

12 C.F.R. 917 -- Regulations Regarding the Powers and Responsibilities of Federal Home Loan Bank Board of Directors and Senior Management
as of August 2007

emailRequest More Information
Click here if you would like to receive a fact sheet on the FHLBNY Board of Directors.