President's Report

Dividend Announcement

May 21
I am pleased to announce that, on May 21, 2015, your Board of Directors approved a dividend for the first quarter of 2015 of 4.10% (annualized). The dollar amount of the dividend will be approximately $56.0 million. The cash dividend will be distributed on May 22,...more

At the Bank

May 4
On April 29, we announced our results for the first quarter of 2015. Your cooperative has had a solid start to 2015. Our net income for the quarter was $88.2 million, and our return on average equity increased to 5.56 percent, from 4.79 percent in the first quarter...more

Prior Issues

Press Releases

FHLBNY Awards a $1.2 Million Affordable Housing Grant in Clifton Springs

May 7
Clifton Springs, New York -- The Federal Home Loan Bank of New York announced today the award of a $1,272,000 grant to the Genesis Housing Development Corporation to help finance the Spa Apartments project, which involves the rehabilitation of 109 apartments that...more

Prior Releases

Bulletins & Memos

FHLBNY Bulletin No. 017

April 27
Update to the Member Products Guide & Correspondent Services Manual The Federal Home Loan Bank of New York has updated its Member Products Guide (Guide) and the Correspondent Services Manual (Manual). The Guide and the Manual detail the FHLBNY’s...more

Prior Issues

FHLBNY Advantage

The Pursuit of Growth and Partnership with the FHLBNY

April 2015
Since the financial crisis of 2008, many of our members have found it increasingly difficult to maintain and grow profitability. Margin compression has been the recurring theme given the limited opportunities to add assets at desirable levels....more

Prior Issues

Announcements & Reminders

May 8
The SEC Form 10-Q is now available

April 1
1LinkSKsm, our new safekeeping platform, is replacing the legacy 1Link Safekeeping Module

Upcoming Deadlines

June 10
First Home Clubsm Enrollment Period

June 15
AHP Application Package

July 10
First Home Clubsm Enrollment Period

Upcoming Events

May 25
Memorial Day

May 26
MPF Workshop: Understanding Condo Appraisals - Form 1073