Can Benefit Your Institution?
in Any Market Condition
Strengthen Your Communities
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
September 1, 2021
|President's Report
On July 31, 2021, we marked the end of an era at the FHLBNY when we officially closed our First Home Club℠. Our cooperative first launched the First Home Club in 1995 as a grant program to help first-time homebuyers achieve their dream of homeownership. Over the course of the program, the FHLBNY joined with our members to commit more than $133 million in First Home Club grants, helping nearly 18,200 households achieve that dream...
August 19, 2021
|President's Report
I am pleased to announce that, on August 19, 2021, our Board of Directors approved a dividend for the second quarter of 2021 of 4.60% (annualized). The dollar amount of the dividend will be approximately $59.5 million. The cash dividend will be distributed on August 20, 2021...
August 24, 2021
|Bulletins
We are pleased to announce that we will be launching an online system for our Community Lending Programs (CLP) on Monday, September 27, 2021. This launch is part of the continued effort to enhance and strengthen our online capabilities to better serve our members...
Updates & Notices
Follow us to see how we connect with communities:
Financial Intelligence
September 20, 2021
MSD Weekly Market Update: Week of September 20, 2021
The Federal Open Market Committee (FOMC) is expected universally to leave the federal funds rate target range unaltered at 0 to .25% at this week’s meeting. Policymakers likely will acknowledge that economic activity has slowed somewhat in response to the Delta...
September 9, 2021
Beyond the Recovery Phase of the Economic Expansion
Consistent with recession probability models, the National Bureau of Economic Research announced in mid-July that the recession triggered by the public healthcare crisis ended in April 2020 and that an economic expansion...
August 17, 2021
Collateralize Municipal Deposits with Letters of Credit
FHLBNY Municipal Letter of Credit (MULOC) product allows qualified depository institution members to collateralize municipal deposits with a low-cost letter of credit secured by whole-loan mortgages and/ or securities...
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.
337
Members
$
120.4
BIn Assets
$
80.0
BIn Advances
Numbers shown are as of June 30, 2021
Your Key to Reliable Liquidity in Any Market Condition
BECOME A MEMBER
