Our Mission
To provide members with prompt, on-demand liquidity in support of housing, local community development and financial stability.
Our Values
Member-Focused
Collaborative
Diverse & Inclusive
Accountable
Results-Oriented
New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter ended September 30, 2026...
New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) announced today that Randolph C. Snook resigned as President and Chief Executive Officer of the FHLBNY effective October 20, 2026. The Board has initiated a process to identify a permanent replacement for Mr. Snook, who will serve as a senior advisor to the FHLBNY through December 31, 2026 to assist in the leadership transition. To ensure continuity during this process, the Board has named Jonathan West as Interim President and CEO, effective October 20, 2026...
Our foundational liquidity mission positions the Federal Home Loan Bank of New York to make a significant, positive and lasting impact in housing finance, community development and overall financial stability by serving as a reliable funding source for our members. The funding that flows through the FHLBNY out to our members becomes the mortgages and business loans that put families into homes and create job opportunities, creating stronger communities. As a whole, the Federal Home Loan Bank System promotes broad financial stability through access to our advances in all operating environments. As the local lender’s local lenders, the FHLBanks help foster a resilient and diversified U.S. financial system comprised of thousands of local, community-based lenders – serving not only our continental economy, but economic needs specific to each of our Districts...
The FHLBNY is proud to welcome our newest members:
Puerto Rico-chartered non-federally-insured and CDFI credit unions may now apply for membership with the FHLBNY. Learn more
Director Election ballot packages were distributed electronically to eligible members on Tuesday, October 13, 2026. Electronic ballot submissions must be received by no later than 5:00 p.m. ET on Thursday, November 12, 2026.
Homebuyers must work directly with members to access these programs.
Data released this past week reinforced the dour environment for housing-related metrics. The National Association of Home Builders sentiment index registered at its lowest level, except the early pandemic period, since 2012. Housing starts were weaker than forecast, and the National Association of Realtors Pending Home Sales index posted, with declines in all regions, a record low for September. The market has pared back its pricing of Fed hikes since last week. The week ahead is heavy on data, but the clear focus will be on Wednesday’s FOMC outcome...
The banking industry has changed dramatically over the past decade. Following years of near-zero interest rates after the Global Financial Crisis, institutions navigated one of the most aggressive monetary tightening cycles in modern history. Since 2022, the Federal Reserve increased short-term interest rates by more than 500 basis points before beginning a gradual easing cycle and more recently a Fed rate hike, creating one of the most challenging operating environments for balance sheet managers in decades...
Tune in for a thought-provoking discussion with Frank Farone, Managing Director at Darling Consulting Group, on how community financial institutions can evaluate the true cost of funds, challenge common misconceptions about wholesale funding, and develop a more effective approach to liquidity, profitability, and balance sheet management...
With a focus on diversity and inclusion, the FHLBNY views career development not as an expense but rather an investment. Explore our wide range of opportunities available to you.
Our credit products provide member financial institutions a reliable source of liquidity so they in turn can help meet the housing finance and credit needs of their communities.
As part of our mission, the FHLBNY is committed to providing affordable housing opportunities to families and communities through our member financial institutions.
