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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

July 25, 2024
|Press Releases
New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter ended June 30, 2024. “Throughout the first six months of 2024, the Federal Home Loan Bank of New York executed on our foundational liquidity mission, delivering stable and reliable funding to our members to help facilitate the flow of credit to households, communities and small businesses across our region,” said José R. González, president and CEO of the FHLBNY...
July 22, 2024
|Bulletins
Starting July 29, 2024, the Federal Home Loan Bank of New York (FHLBNY) will offer $5 million in grant funding under the 2024 Small Business Recovery Grant (SBRG) Program. The SBRG Program provides grant funds to benefit FHLBNY members’ small businesses, including farms and non-profit customers...
July 15, 2024
|Press Releases
The Federal Home Loan Bank of New York is pleased to announce that its Board of Directors has selected José Rafael Fernández, Steven M. Klein and William J. Turner, Jr. to serve as members of the Board. Each fills the remaining term of a Member Director seat left vacant by the retirements of previous Directors...

Updates & Notices

0% Development Advance (ZDA) Program is Now Available

Members can now apply for subsidized funding in the form of interest rate credits to assist in originating loans or purchasing loans/investments that support small businesses, climate initiatives, infrastructure-related projects, and tribal communities.

Learn More

Homebuyer Dream Program® Plus Round is Open

This new program makes it possible for moderate-income first-time homebuyers to purchase a home. Homebuyers interested in participating must contact an approved member community lenders listed under ‘HDP Plus Participating Members’.

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Upcoming Event

NJBankers Annual Bankers Cup Golf Outing

New Jersey Bankers Association (NJBankers) Annual Bankers Cup Golf Outing

Financial Intelligence

MSD Banner for FI

MSD Weekly Market Update: Week Ending July 26, 2024

The Federal Open Market Committee (FOMC) meeting is the key event of the upcoming week. Policymakers are almost universally expected to leave the fed funds rate target range unaltered at 5¼% to 5½%. The post-meeting communiqué likely will reiterate that economic activity has continued to expand at a solid pace, job gains have remained strong, and the unemployment rate is low...

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

$

158.3

B

In Assets

$

108.9

B

In Advances

Numbers shown are as of December 31, 2023

Your Key to Reliable Liquidity in Any Market Condition

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