Preliminary Eligibility

Eligibility

Answer the following questions to see if you qualify for membership at the Federal Home Loan Bank of New York or jump to the Preliminary/Eligibility worksheets. It is also recommended that you view the Application Process Checklist to understand the requirements before you apply.

To designate a state other than the state where your institution maintains its home office as its principal place of business, your institution has to maintain, locate or hold at least 80 percent of its accounting books, records and ledgers in such designated state; conduct a majority of meetings of its board of directors and constituent committees in such designated state; and the place of employment of a majority of its five highest paid officers is located in such designated state. Click here to request more information about determining your principal place of business.

Preliminary/Eligibility Worksheets

You can do a preliminary analysis to further determine whether your institution qualifies for membership by completing the relevant worksheets using data mainly from your regulatory financial reports or you may request that a Relationship Manager performs the analysis for you.

Complete and date the worksheets relevant to you.

For Commercial Banks and Thrift Institutions
For Credit Unions
For Insurance Companies
For Community Development Financial Institutions

Key Contacts

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

For more information about membership, visit our Membership FAQs.

Interactive Membership Application Package

Download all the information and required forms for membership.

DOWNLOAD