Select Page

Our Mission

To provide members with reliable liquidity in support of housing and local community development.

Our Values

Member-Focused

Collaborative

Diverse & Inclusive

Accountable

Results-Oriented

Latest News

February 21, 2024
|Press Releases
New York, New York — The Federal Home Loan Bank of New York (FHLBNY) today released its unaudited financial highlights for the quarter and year ended December 31, 2023. The FHLBNY’s net income for 2023 was $751.1 million, an increase of $333.7 million, or 80.0%, from net income of $417.4 million for 2022. Net interest income for the year was $995.3 million, an increase of $361.6 million, or 57.1%, from $633.7 million for 2022...
February 15, 2024
|President's Report
I am pleased to announce that, on February 15, 2024, our Board of Directors approved a dividend for the fourth quarter of 2023 of 9.75% (annualized). The dividend proceeds will be distributed to FHLBNY member financial institutions on February 16, 2024...
January 25, 2024
|Bulletins
The Federal Home Loan Bank of New York (“FHLBNY”) has updated its Member Products Guide (“Guide”) and the Correspondent Services Manual (“Manual”). The Guide and Manual detail the FHLBNY’s credit, collateral and correspondent services...

Updates & Notices

Homebuyer Dream Program® Round is Open

First-time homebuyers interested in participating, please contact one of the approved member community lenders listed under ‘HDP Participating Members’.

Follow us to see how we connect with communities:
Linkedin Image

Upcoming Events

Financial Intelligence

MSD Banner for FI

MSD Weekly Market Update: Week Ending March 1, 2024

Market participants will face a heavy data calendar and public appearances by Fed officials this week. The marquee economic report will be Friday’s BLS’ update on the employment situation in February. Labor market conditions likely remained extremely tight last month. Recent soundings on initial and continuing jobless claims point to a 250K rise in nonfarm payrolls, after a pair of 300K-plus leaps in November and December. Due to an extremely favorable shift in weather conditions between the January and February establishment survey periods, however, that projection could prove too low. The number of persons unable to work because of inclement weather clocked in at 553K in January, double the average witnessed over the prior ten years for that month...

Mid-Year Outlook: Managing Through Rising Risks

Join Kristina Hooper as she discusses her outlook for the economy and markets for the remainder of 2023 and beyond. From recent challenges in the banking industry to inflation to earnings, 2023 has already faced a variety of uncertainties...

FHLBNY Municipal Letters of Credit

Our Municipal Letter of Credit (MULOC) Program is a reliable and secure form of collateralization for State and municipal deposits in all operating environments. During recent severe market stress our MULOCs performed as designed, with municipal deposits remaining fully collateralized, safe and secure. For more information regarding the benefits and the safety of the FHLBNY’s MULOC program...

Strength in Numbers

The FHLBNY is a highly-rated, congressionally chartered, wholesale bank within the national Federal Home Loan Bank System. We are currently rated “Aaa” and “AA+” by Moody’s and Standard & Poor’s, respectively. These ratings are equivalent to those assigned to the U.S. Government.

334

Members

$

144.4

B

In Assets

$

101.5

B

In Advances

Numbers shown are as of September 30, 2023

Your Key to Reliable Liquidity in Any Market Condition

BECOME A MEMBER