President's Report

Dividend Announcement

November 20
I am pleased to announce that, on November 20, 2014, your Board of Directors approved a dividend for the third quarter of 2014 of 4.05% (annualized). The dollar amount of the third quarter of 2014 dividend will be approximately $57.3 million. The cash dividend will...more

At the Bank

November 3
On October 29 th , the Federal Home Loan Bank of New York announced its third quarter results. Your cooperative continued to perform well in the quarter, with net income of $85.6 million, and we have performed well throughout the year, with $237.9 million in net...more

Prior Issues

Press Releases

FHLBNY Announces 3Q 2014 Operating Highlights

October 29
New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) today announced its unaudited financial highlights for the quarter ended September 30, 2014. “Our members rely on the Federal Home Loan Bank of New York to provide steady...more

Prior Releases

Bulletins & Memos

FHLBNY Bulletin No. 016

September 30
GNU Bash Remote Code Execution Vulnerability The Federal Home Loan Bank of New York is aware of the Bourne Again Shell script vulnerability known as the “Bash Bug”, “Shellshock”, or the GNU Bash Remote Code Execution Vulnerability ....more

Prior Issues

FHLBNY Advantage

Interest Rate Risk Management — Converging Factors in a Tricky Environment

October 2014
Heading into the fourth quarter of 2014, we unfortunately remain in a prolonged low-rate environment marked by economic weakness. Although periodic indications hint that a more robust economic environment is emerging, short-term rates remain at or close to zero, while longer-term rates are still historically very low....more

Prior Issues

Announcements & Reminders

November 24
Board Election ballots due no later than 5pm

November 7
The SEC Form 10-Q is now available

October 3
ALCO Decision Making webinar now available

Upcoming Deadlines

December 10
First Home Clubsm Enrollment Period

Upcoming Events

November 25
New York Bankers Association - Long Island Bankers Fall Dinner

November 27
Thanksgiving Day