FHLBNY Advantage

Are You Ready for a Rise in Rates? Consider Floating Rate Advances with Embedded Caps to Help Manage Interest Rate Risk.

August 2014
We are certainly in unprecedented times as we progress through this prolonged low-rate environment. The economy has not experienced a robust recovery and the Federal Reserve’s monetary policy has served to keep short-term interest rates low for a very long time....more

Prior Issues

MPF Connection

MPF® Advisory Council Members Share their MPF Program Experience

Volume 8 | Issue 17
The Mortgage Partnership Finance® (MPF) Program’s unique credit sharing arrangement rewards community lenders for the job they do best — originating and underwriting loans based on the ability of the borrower to repay the loan...more

Prior Issues

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

Prior Issues

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

Other Industry Publications

Free MPF Workshops

September 25
Investor Reporting

October 2
Custodial Account Reconciliation

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Program Deadlines

Please check back next year for the next AHP application period.

First Home Clubsm Enrollment Period