FHLBNY Advantage
February 2014
Since the financial crisis of 2008, we’ve certainly been operating in interesting times and our members have faced a variety of challenges, including asset quality issues, flat loan demand, heightened interest rate risk concerns, pressure on net interest margins, reduced fee income, heightened compliance expenses, and significant regulatory uncertainty....more
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MPF Connection
Volume 7 | Issue 16
There’s no better testimony than that which comes from your community lending peers. Mark R. Lavarnway, President & CEO of Watertown Savings Bank finds the Mortgage Partnership Finance® (MPF®) Program to be the right fit for his institution...more
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Community Investment News
June 10
Congressman Gregory W. Meeks (NY-6), pictured here with FHLBNY Director Rev. Edwin C. Reed presenting an Affordable Housing Program grant to Calvary Baptist Church of Jamaica New York, kicked off the FHLBNY’s 2012 round of Affordable Housing Program funding....more
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Industry Publications
When depositing a significant amount of public funds with a financial institution, municipalities understandably require these deposits to be properly secured. Municipalities have customarily requested financial institutions to collateralize their deposits with...more
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