Corporate Governance
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, comprising 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.
About the FHLBNY’s Director Election
Director Election ballot packages were distributed electronically to eligible members on October 4, 2019. 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 Tuesday, November 5, 2019.
A list of key dates in this year’s election is available here: List of Key 2019 Election Dates.
Questions regarding the 2019 Director Elections can be sent to the General Counsel.
Regarding Board Diversity
The FHLBNY’s Board of Directors consists of a talented group of dedicated individuals that benefits from, among other things, demographic (including gender and racial) diversity, and we expect that this will continue in the future. When considering potential nominations for Member Directorships and persons who might be interested in Independent Directorships, the FHLBNY suggests that diversity be kept in mind.
For more information, director election questions can be sent to the General Counsel.
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.
View Corporate Governance Guidelines
as of March 2019
FHLBNY Board Committee Charters & Roster
2019 Board of Directors
as of January 2019
Executive Committee Charter
as of March 2019
Compensation and Human Resources Committee Charter
as of March 2019
Housing Committee Charter
as of March 2019
Risk Committee Charter
as of March 2019
2019 Board Committee Roster
as of January 2019
Audit Committee Charter
as of March 2019
Corporate Governance and External Affairs Committee Charter
as of March 2019
Strategic Planning Committee Charter
as of March 2019
Technology Committee Charter
as of March 2019
Other Important FHLBNY Documents and Information