1Link®
Overview
Enhancements Have Been Made to the 1Link-IPR User Interface
1Link-IPR has a new user-friendly interface designed to enrich your user experience and improve efficiency. For your reference, view the updated 1Link-IPR User Guide.
1Link® is the FHLBNY’s secure internet banking system designed just for members. Since its inception, 1Link® has proved to be an efficient, alternate channel for accessing information and reports, and performing everyday transactions online.
The system platform is convenient and user-friendly, offering the latest technology, added flexibility, real-time postings for all reporting functions, and enhanced transaction processing functionality.
As of 2020, the FHLBNY has been working on developing an all-new 1Link® portal. The migration to this new portal will happen in phases, starting with phase I of the transition, which took place on January 10, 2020. This interim portal will be called 1Link-IPR until all the phases of migration takes place.
- Phase I – Info Reporting (Completed)
- Phase II – Wires (Coming soon)
- Phase III – Advances
Did you know you can transact with the FHLBNY remotely via 1Link®?
Remote access can come in handy when you’re on the go. Through 1Link®, your institution’s authorized users have the ability to obtain account balances and perform business transactions (Advances, Wire Transfers and Book Wires) from alternate worksites.
Please note: For business transactions, the user will need their Security Device in their possession. The alternate worksite computer must meet the minimum system requirements to access 1Link®. Should you encounter any issues when attempting to access 1Link®, contact the 1Link® Helpdesk at (800) 546-5101.
Registration Information and Agreements
- Review the System Requirements
- Complete the Global Authorization Form (GAF) for the employees requesting access to 1Link®
Complete the Global Authorization Form Waiver Letter only if your Corporate/Assistant Corporate Secretary is authorized to conduct transactions with the FHLBNY.
Please return the completed GAF to:
Member Services Desk
Federal Home Loan Bank of New York
101 Park Avenue, 6th Fl.
New York, NY 10178-0601
Fax: (888) 486-2307
Email: [email protected] - Upon completion of the GAF, the user will receive an RSA SecurID® device enrollment invitation via email. For spam filtering purposes, please ensure [email protected] are permitted senders. For assistance with activating your device, contact 1Link Security Services at (800) 546-5101, and after the prompt, press 4, then 2. Note, an RSA SecurID® is required to access 1Link-IPR or process wires in 1Link.
Information Reporting
Add value to your membership by taking advantage of all the Information Reporting features 1Link® offers.
- Prior and Current Day Reporting – Review, download, export, or print reports reflecting account balances and transaction details
- Customize reports to meet your needs, e.g. list transactions over a specified amount to facilitate daily cash management
- Access many FHLBNY’s standard daily and periodic reports at your convenience
Report Delivery Information — Schedule automatic delivery of information to yourself and others in your institution via email, such as:
- Prior and Current Day Reports
- Customized Reports
- Special Reports
- Wire & Advances Reports
Alerts — Receive information on some event that has occurred or a trigger for something you may need to do, such as approve a transaction by scheduling alerts.
The following Alerts are currently available in the 1Link® system:
- Advance Transaction Status – Alerts Users when an Advance is at a certain status
- Transaction Status– Alerts Users when a Trade is at a certain status
- We will notify users as additional alerts become available.
Transactions
1Link® utilizes advanced technology and security procedures to create a safe banking environment for members to conveniently perform everyday transactions online, like transferring funds, and initiating advances.
Funds Transfer Benefits
- Import Wire transactions from Excel spreadsheets directly into 1Link®, allowing the processing of multiple wires at the same time
- Export wire transaction detail to assist in the processing of your OFAC files
- Process book wires to internal FHLBNY accounts
As a reminder, our 1Link® Wire Transfer Window closes at 4:00 pm each day.
Advances Benefits
- Short-term forward-start Advances available on Advance types listed below
- See your entire Outstanding Advances Portfolio in real-time
- Request real-time rate indications on Advance products where applicable
You can create the following Advance transactions through 1Link®:
| Type | Term |
| Overnight | 1 Day |
| Short-Term Fixed |
1 Week to Eleven Months (Other user-defined maturity, but not greater than 330 days) |
| Repo |
1 Week to 6 Months (Other user-defined maturity, but not greater than 180 days) |
| Repo |
Over 6 Months to 11 Months ($25 million per transaction limit until noon) |
Need help performing transactions? No problem.
Contact the 1Link® Helpdesk at (800) 546-5101 or via email at [email protected].
The FHLBNY will provide updates on additional advance products and terms that will be available in the 1Link® system.
Contacts
1Link® Helpdesk
| E-Mail: | [email protected] |
| Telephone Number: | (800) 546-5101 |
| Hours: | 8:00 am – 5:00 pm |
1Link® Helpdesk Calling Options
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For Advances, Press 1
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For all Other Services, Press 2
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For Wire or Book Transfers, Press 1
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For Safekeeping, Press 2
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For assistance with 1Link®, Press 3
For Information Reporting or Password Resets, Press 1
For Global Authorization Forms or Access Changes, Press 2
For Security Device items including application, setup, PIN issues, authentication failure messages, or to report a Security Incident, Press 3
For Technical Issues, Browser, Firewall Settings, or 1Link® System, Press 4
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For assistance with Settlement Services (Fed and ACH), Press 4
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For assistance with your Overnight Investment Account, Press 5
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For Collateral Services, Press 6
For Operations, Press 1
For Media Processing, Press 2
For Collateral Documentation, Press 3
For Other Collateral Services, Press 4
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To speak with an Operator, Stay on the Line or Press 7
1Link® Security Administrators
Telephone Number: (800) 546-5101, and after the prompt, press 4 then 2
To view additional Federal Home Loan Bank of New York contacts, click here