Corporate Governance
The Federal Home Loan Bank of New York (FHLBNY), like all the other Federal Home Loan Banks, is governed by a Board of Directors, comprised of Member Directors (who consist of officers and directors of member institutions) and Independent Directors (who are not affiliated with member institutions). Member Directors are elected by the FHLBNY’s membership on a statewide basis; Independent Directors are elected by the FHLBNY’s membership on a districtwide basis. The FHLBNY also has a Housing Advisory Council, which reports annually to the Federal Housing Finance Agency on the FHLBNY’s low-income housing activities. The advisory council consists of members from community-based non-profit organizations to advise on the low-income housing needs of our district.
Corporate Governance Guidelines of the FHLBNY
The Board of Directors (Board) of the FHLBNY, acting on the recommendation of its Corporate Governance and External Affairs Committee, has adopted a set of guidelines in furtherance of its continuing efforts to enhance its corporate governance.
About the FHLBNY’s 2025 Director Election
One Member Director seat representing New Jersey members, one Member Director seat representing Puerto Rico/U.S. Virgin Islands members, and one district-wide Independent Director seat are now up for election for terms that will each begin on January 1, 2026. Please keep in mind that the Independent Director candidate must receive at least 20 percent of the eligible votes in order to be elected.
Director Election ballot packages were distributed electronically to eligible members on Tuesday, October 14, 2025. Your vote is very important, so we ask that you take the time to review the package upon receipt and promptly return your ballot to the FHLBNY.
Your electronic ballot submissions must be received by no later than 5:00 p.m. Eastern Time on Thursday, November 13, 2025.
Your ballot package contains detailed information about the process. Please refer any election questions you may have to Ronald Crawley, the FHLBNY’s Associate General Counsel, at generalcounsel@fhlbny.com or (212) 441-6874.
FHLBNY Board Committee Charters and Rosters
2025 Board of Directors
as of January 2025
Audit Committee Charter
as of March 2025
Compensation and Human Resources
Committee Charter
as of March 2025
Housing Committee Charter
as of March 2025
Risk Committee Charter
as of March 2025
2025 Board Committee Roster
as of January 2025
Executive Committee Charter
as of March 2025
Corporate Governance and External Affairs
Committee Charter
as of March 2025
Strategy and Business Committee Charter
as of March 2025
Technology Committee Charter
as of March 2025
Other Important FHLBNY Documents and Information
Bylaws
as of August 2023
Code of Business Conduct and Ethics
as of September 2025
Regulations Regarding Responsibilities of Boards of Directors, Corporate Practices and Corporate Governance Matters
as of December 2015
Restated Organization Certificate
as of December 2005
FHFA Prudential Management & Operations Standards
as of June 2012
Key Contacts
Relationship Managers
(212) 441-6700
FHLBNY@fhlbny.com
Member Services Desk
(212) 441-6600
MSD@fhlbny.com
Report Ethics Violations
(866) 292-2075, or by visiting: