1Link®
Overview
Prepare for the 1Link Migration
Over the weekend of December 2, 2022, the Federal Home Loan Bank of New York will be migrating the 1Link Advances transaction functionality to the 1Link-IPR system. Both 1Link systems will be unavailable during this time. Beginning on Monday, December 5, 2022, there will only be one “1Link System” available and supported, accessed through the following link: 1Link-IPR.
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 (Completed)
- Phase III – Advances (Coming in December 5, 2022)
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.
Questions?
1Link® Helpdesk:
(800) 546-5101
after the prompt,
press option 1
1Link® Security Services:
(800) 546-5101
after the prompt,
press option 4,
then option 2
Registration Information and Agreements
Prepare for the 1Link Migration
Over the weekend of December 2, 2022, the Federal Home Loan Bank of New York will be migrating the 1Link Advances transaction functionality to the 1Link-IPR system. Both 1Link systems will be unavailable during this time. Beginning on Monday, December 5, 2022, there will only be one “1Link System” available and supported, accessed through the following link: 1Link-IPR.
- 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.
Questions?
1Link® Helpdesk:
(800) 546-5101
after the prompt,
press option 1
1Link® Security Services:
(800) 546-5101
after the prompt,
press option 4,
then option 2
Information Reporting
Prepare for the 1Link Migration
Over the weekend of December 2, 2022, the Federal Home Loan Bank of New York will be migrating the 1Link Advances transaction functionality to the 1Link-IPR system. Both 1Link systems will be unavailable during this time. Beginning on Monday, December 5, 2022, there will only be one “1Link System” available and supported, accessed through the following link: 1Link-IPR.
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
- Payment Reports
Questions?
1Link® Helpdesk:
(800) 546-5101
after the prompt,
press option 1
1Link® Security Services:
(800) 546-5101
after the prompt,
press option 4,
then option 2
Transactions
Prepare for the 1Link Migration
Over the weekend of December 2, 2022, the Federal Home Loan Bank of New York will be migrating the 1Link Advances transaction functionality to the 1Link-IPR system. Both 1Link systems will be unavailable during this time. Beginning on Monday, December 5, 2022, there will only be one “1Link System” available and supported, accessed through the following link: 1Link-IPR.
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
- Ability to easily view and take action on wire transfers pending approval
- Process book wires to internal FHLBNY accounts
- Use of templates for repetitive payments
- Use of stored third-party information for payments and templates
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.
Questions?
1Link® Helpdesk:
(800) 546-5101
after the prompt,
press option 1
1Link® Security Services:
(800) 546-5101
after the prompt,
press option 4,
then option 2
Contacts
Prepare for the 1Link Migration
Over the weekend of December 2, 2022, the Federal Home Loan Bank of New York will be migrating the 1Link Advances transaction functionality to the 1Link-IPR system. Both 1Link systems will be unavailable during this time. Beginning on Monday, December 5, 2022, there will only be one “1Link System” available and supported, accessed through the following link: 1Link-IPR.
1Link® Helpdesk
| E-Mail: | [email protected] |
| Telephone Number: | (800) 546-5101 |
| Hours: | 8:00 am – 5:00 pm |
1Link® Helpdesk Calling Options
-
For Advances, Press 1
-
For all Other Services, Press 2
-
For Wire or Book Transfers, Press 1
-
For Safekeeping, Press 2
-
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
-
For assistance with Settlement Services (Fed and ACH), Press 4
-
For assistance with your Overnight Investment Account, Press 5
-
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
-
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