President's Report

At the Bank

January 6
This past January, when Al DelliBovi drafted his first Report from the President for 2014, he noted that the year would be one of change. And, indeed, we experienced many significant changes over the year. We began 2014 with a change at our regulator, with Mel Watt...more

At the Bank

December 1
Last month, I reported on the strong performance of the Federal Home Loan Bank of New York (the “FHLBNY”) during the third quarter of 2014. This month, I am proud to report that the entire Federal Home Loan Bank System continues to perform well. In the...more

Prior Issues

Press Releases

James W. Fulmer Elected Vice Chairman of the FHLBNY

December 19
New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) announced today that James W. Fulmer has been elected by its Board of Directors (“Board”) to serve as the Board’s vice chairman for a two year term beginning on...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

Considerations to Maximize Your Membership

January 2015
Forging ahead into 2015, although we seem to be moving toward a different point in the interest rate cycle, persistent global economic and geopolitical factors are applying significant downward pressure on the longer end of the yield curve. Members could face additional margin pressure should short-term rates rise, causing further flattening of the yield curve. However, some members view this environment as an opportunity to position their balance sheets to become less liability-sensitive...more

Prior Issues

Announcements & Reminders

November 7
The SEC Form 10-Q is now available

Upcoming Events

February 4
MPF Workshop: Review of the Annual Eligibility Certification Process

February 10
MPF Workshop: MPF Custody Process