Join the Strength in Our Cooperative

Like credit unions, we are also structured as a cooperative — privately owned by our members.

Our cooperative’s strength enables us to provide quality credit products at flexible terms, housing and community development programs, mortgage finance products, correspondent services, and educational resources that meet the evolving needs of credit unions. When you partner with the FHLBNY, you also gain access to a dedicated team of credit union specialists to help you thrive within your local community and reach your business goals.

Get in Touch

Contact us to learn more about membership opportunities for your organization.

Angel Santos, AVP, Relationship Manager
office: (212) 441-6709

Apply Today

By becoming a member, you will have
access to all the benefits of membership
listed above.


Get your Board 'On Board'

Download our snapshot, which provides key points to help your Board consider the power of membership.


Click through the Tabs to Learn More About the Advantages of FHLBNY Membership

Credit Unions Benefiting
from FHLBNY Membership

Click for larger map

Fulfill your credit union’s business strategies, meet the needs of your members, and stay competitive in a complex market.

Our partnership provides a strong foundation that supports your relationship with your members. Our members are shareholders — your business empowers the FHLBNY to continuously offer competitively priced products and services to benefit all our members’ bottom line.

  • Unique Membership Benefits:
  • Reliable, competitive, and flexible funding options for all market conditions
  • Triple-A-rated wholesale lender access — the highest rating in the industry
  • Attractive cash dividends*
  • Innovative mortgage participation, funding, and purchase options to access the
    secondary market
  • Successful community growth products and affordable housing grant programs to assist in meeting economic and community development needs
  • Trusted deposit products for your excess funds
  • Diverse team specializing in the challenges unique to credit unions, offering support with hedging strategies and market insights to help execute your strategic plans
  • Valuable educational resources

*Note: There is no guarantee that the level of future dividends will reflect the level of previous dividend payouts.

General Terms and Conditions of Use | Privacy Policy | Forward-Looking Statements
© 2019 Federal Home Loan Bank of New York. All rights reserved.