President's Report

At the Bank

October 1
This past month, I was honored to have the opportunity to speak with many of our members at the NJBankers Senior Management Conference. After all, our members drive our cooperative. Your use of our advances and your participation in our housing programs are what...more

At the Bank

September 3
On August 20, the Federal Home Loan Bank of New York announced our second quarter dividend. From our earnings in each of the first two quarters of 2015, we have declared dividends of 4.10 percent, and we have returned $109.3 million to our membership. Our quarterly...more

Prior Issues

Press Releases

FHLBNY Announces Second Quarter 2015 Operating Highlights

July 29
New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter ended June 30, 2015.    “Twenty-five years ago this month, the first Affordable Housing Program...more

Prior Releases

Bulletins & Memos

FHLBNY Bulletin No. 020

September 29
Update to the Putable Advance Modification Program The Federal Home Loan Bank of New York is pleased to announce that the Putable Advance Modification Program has expanded:  previously modified Putable Advances can now be re-modified into either a new Putable...more

Prior Issues

FHLBNY Advantage

FHLBNY Municipal Letters of Credit (MULOCs) — a Low-Cost, Efficient Way to Collateralize Public Funds While Maximizing Your Liquidity Position

August 2015
As we exit the summer and head into autumn, we expect to see our usual seasonal decline in usage of short-term advance products, which coincides with the inflows of municipal deposits at member institutions. Many of our members benefit from relying on municipal...more

Prior Issues

Announcements & Reminders

There are no Announcements or Reminders at this time.

Upcoming Events

October 12
Columbus Day

October 13
MPF Workshop: MGIC's Introduction to Underwriting