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Our Mission

To advance housing opportunity and local community development by supporting members in serving their markets.

Our Values

Member-Focused

Collaborative

Diverse & Inclusive

Accountable

Results-Oriented

Latest News

January 20, 2023
|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 the Manual detail the FHLBNY’s credit, collateral and correspondent services standards and can assist you in finding helpful information on the FHLBNY's product and service matters (e.g. requirements for advance borrowings, eligible collateral types and service fee schedules)...
January 9, 2023
|President's Report
This past November, Cornerstone Community Federal Credit Union became one of the eight institutions to join the Federal Home Loan Bank of New York in 2022 – a diverse group of new members consisting of credit unions, insurance companies and CDFIs operating in communities across New Jersey, New York and Puerto Rico...
December 1, 2022
|President's Report
In the days before Thanksgiving, the Federal Home Loan Bank of New York made our favorite announcement of the year: the recipients of our annual Affordable Housing Program (AHP) grants. This year, we awarded $25.3 million in such grants to help fund 30 affordable housing initiatives across our region and beyond, helping to create, rehabilitate or preserve 1,732 units of housing, including 1,201 units dedicated to very low-income housing...

Updates & Notices

The FHLBNY wishes all a healthy and happy New Year. We are proud to be your partner and look forward to another year of building strong communities together.

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Upcoming Event

FHLBNY’s 2023 AHP & HDP® Virtual Training Seminars

The FHLBNY is pleased to announce the publication of its 2023 Targeted Community Lending Plan and the Affordable Housing Program Implementation Plan. These documents describe the credit and affordable housing needs in the FHLBNY’s district and the specific criteria for the core Community Investment programs offered through FHLBNY’s members for 2023, respectively...

Financial Intelligence

MSD Banner for FI

MSD Weekly Market Update: Week Ending January 27, 2023

The Federal Open Market Committee (FOMC) decision will occupy pride of place during a hectic week. Policymakers are expected to raise the federal funds target rate range once again, with the market pricing near unanimity on a smaller 25 bps hike from 4½% to 4¾%. The post-meeting communiqué likely will note that recent indicators point to modest growth in spending and output, while also reiterating that job gains...

ESG and Climate Risk in Financial Services: Evolution, Expectations and Challenges

We are delighted to host another informative session with Deloitte subject matter specialists on key ESG concepts. There is an increased focus on Environment, Social, and Governance (ESG) factors for financial institutions, with an emphasis on Climate Risk...

The 0% Interest Rate Business Development Advance

View this highly informative session and learn about how your institution can benefit from the 0% Interest Rate Business Development Advance (BDA). The BDA is subsidized funding provided through interest credits to help our members provide loans at advantageous rates to qualifying small businesses* to promote community & economic growth...

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.

328

Members

$

130.1

B

In Assets

$

91.9

B

In Advances

Numbers shown are as of September 30, 2022

Your Key to Reliable Liquidity in Any Market Condition BECOME A MEMBER