President's Report

At the Bank

March 31
In April of 2005, George L. Engelke, Jr., then chairman, president and CEO of Astoria Federal and chairman of the Federal Home Loan Bank of New York, testified on behalf of the Home Loan Banks before the Senate Banking Committee. In response to a question regarding...more

At the Bank

March 3
In an opinion piece titled “Skin in the Game Must Be Price of Lender Admission to FHLBs” that appeared in American Banker last month, Kevin Cummings, president and CEO of Investors Bank and the newest member of our Board of Directors, wrote that his bank...more

Prior Issues

Press Releases

José R. González Named President and Chief Executive Officer of the FHLBNY

March 20
New York, NY – The Federal Home Loan Bank of New York announced today that José R. González has been named president and chief executive officer of the FHLBNY effective April 1, 2014. Current president Alfred A. DelliBovi announced his retirement,...more

Prior Releases

Bulletins & Memos

FHLBNY Bulletin No. 014

April 15
Heartbleed Open SSL vulnerability On Tuesday April 8, 2014, the Federal Home Loan Bank of New York’s (FHLBNY) security monitoring services was alerted to the Heartbleed Bug . Management conducted a complete system review of our infrastructure to identify...more

Prior Issues

FHLBNY Advantage

Managing Interest Rate and Liquidity Risk – Options to Consider

March 2014
A rapid outflow of long-term liabilities could negatively impact the interest rate risk positions at many of our member institutions. Long-term Treasury rates have come off of their lows since mid-year 2013 (see the following chart), and in the wake of the Federal Reserve formally announcing and implementing a tapering to their quantitative easing efforts, interest rate risk is of heightened concern....more

Prior Issues

Announcements & Reminders

March 25
The SEC Form 10-K is now available

Upcoming Events

April 21
MPF Workshop: Liquid Assets Eligibility & Documentation

April 29
MPF Workshop: Custodial Account Reconciliation