FHLBNY Advantage

The FHLBNY’s Collateral Lendable Value Methodology – a Look Behind the Curtain

November 2013
To maintain the FHLBNY’s position as a reliable, cost-effective, and accessible source of liquidity for our members, all credit extensions are provided on a fully secured basis. The FHLBNY’s collateral guidelines have been established to protect members’ investments in the cooperative...more

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MPF Connection

Watertown Savings Bank – 7 Years and Still Thrilled with the MPF Program

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

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

Letters of Credit Gain Momentum as an Alternate Means to Secure Public Deposits

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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