President's Report

At the Bank

December 3
On November 13, the Federal Home Loan Bank System issued $4 billion in debt tied to the Secured Overnight Financing Rate (SOFR), the alternative rate developed by the Federal Reserve to replace LIBOR. This is a significant step, both for the FHLBank System and the...more

Dividend Announcement 3Q18

November 15
I am pleased to announce that, on November 15, 2018, your Board of Directors approved a dividend for the third quarter of 2018 of 6.90% (annualized). The dollar amount of the dividend will be approximately $107.4 million. The cash dividend will be distributed to...more

Prior Issues

Press Releases

Stephen S. Romaine and Charles E. Kilbourne, III to Serve as Directors
of the Federal Home Loan Bank of New York

December 6
New York, NY — The Federal Home Loan Bank of New York (FHLBNY) is pleased to announce that its Board of Directors has selected Stephen S. Romaine, chairman of Tompkins Trust Company, and Charles E. Kilbourne, III, managing director of the Financial...more

Prior Releases

Bulletins & Memos

Updates to the 2019 Fee Schedules

November 28
Updates to the 2019 Fee Schedules In our continued effort to provide excellent service to our Members and maintain our focus on the core business of providing liquidity we are pleased to announce further streamlining of ancillary fees. Effective January 1, 2019, the...more

Prior Issues

Member Advantage

Board Election Updates and Solutions for Balance Sheet Management in a Rising Rate Environment

Third Quarter 2018
Read this edition for an update on board elections and solutions for balance sheet management in a rising rate environment....more

Prior Issues

Announcements & Reminders

FHC Enrollment Period Deadline: December 10

Members may enroll an unlimited # of qualified households.The Enrollment Form must be received via email to no later than Thursday, December 10, 2015, by 5pm EST.

Upcoming Events

December 18
MPF Webinar: Review of Annual Eligibility Certification Forms OG1 & OG2

December 25
Christmas Day - Bank will be closed