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Be Part of Our Legacy

Our banking sector makes up more than 54% of our member base and has long since enjoyed the benefits of membership with the Federal Home Loan Bank of New York (FHLBNY). The FHLBNY continues to be a stable, strong and reliable partner.

Collectively, banks hold the largest percentage of our advance business, representing 66% of the 2020 third quarter advances book and totaling $68.8 billion. We take pride in actively building upon this partnership through elevated engagement via our many educational programs and strategy sessions designed to help members achieve asset growth, enhance efficiencies and drive bottom-line earnings and capital. We look forward to our partnership expanding going forward so that we may continue to achieve success together​.

  • 112 Commercial Bank Members
  • 68 Thrifts
  • $68.8 Billion in Advances to Banks

Key Benefits of Membership


Reliable, low-cost funding to meet your liquidity needs


Fixed-and floating-rate advance products and derivative products with flexible terms and maturities to assist your interest rate risk management


Community Investment, Rural and Urban Economic Development Advances, Homebuyer Dream Program®, and Affordable Housing Program to aid your CRA efforts


Letters of Credit to secure various obligations, which include municipal deposits, bond issues, and private placements


Deposit products for your excess funds


Secondary mortgage market program


High-quality correspondent services to meet your daily operating needs


A community-building partner that understands the needs of members and offers financial strength, quality service and competitive pricing

FHLBNY member institutions span several types—varying asset sizes, business models and areas of focus. Though each institution’s goals are unique, we are all bound by a shared commitment to the communities we serve.

Join your counterparts and become a part of the FHLBNY legacy!

Contact a dedicated Relationship Manager that will help determine your institution’s membership needs (212) 441-6700

Key Contacts

Relationship Managers:
(212) 441-6700
[email protected]

Interactive Membership Application Package

Download all the information and required forms for membership.


For more information about membership, visit our Membership FAQs.


In order to be eligible for membership, your institution must meet certain requirements.