Step 3: Determine Available Collateral
Since the HLB is a secured lender and all of our advance programs require collateral, it's important that you know how much collateral you have at the HLB prior to requesting an advance. Depending on your collateral status, the type of collateral you are using, or the advance program, you may be required to deliver mortgage or securities collateral to the HLB. For a list of eligible collateral, please contact goldstein@fhlbny.com or contact a Calling Officer.
You can determine how much collateral you have at the HLB by reviewing your Collateral Positioning Report, which can be accessed electronically through 1Link, our secure internet banking system.
To obtain your report via 1Link do the following: once logged in click on the "Info Reporting" module, next click on the "Special Reports" tab, then double click on the "Collateral Position - Customer Summary."
