In January 1934, nearly two years after the establishment of the Federal Home Loan Bank System, the FHLBNY submitted our first-ever Annual Report to Members. The pages of that document contain a statement from George L. Bliss, who would soon become president of our cooperative, that brims with both pride and prescience...
Last month, leaders from across the Federal Home Loan Banks gathered in Washington, D.C. for the 2026 FHLBank System Directors Conference. Throughout the Conference, speakers repeatedly highlighted how pivotal the FHLBanks are to driving mortgage lending across the country. As we celebrate National Homeownership Month in June, and stand just under a month away from celebrating our nation’s 250th anniversary, we are honored to play this pivotal role in something so crucial to the American story.
I am pleased to announce that, on May 21, 2026, our Board of Directors approved a dividend for the first quarter of 2026 of 7.50% (annualized). The dividend proceeds will be distributed to FHLBNY member financial institutions on May 22, 2026...
New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) announced a $25 million investment in a New York City Housing Development Corporation (“HDC”) bond issuance that will help create or substantially rehabilitate 1,027 units of affordable housing for HDC’s ELLA (“Extremely Low and Low-Income Affordability”) housing program. Upon completion, these units will support New York City’s most vulnerable residents, including formerly homeless individuals, seniors, and low-income households. A portion of the units will also provide supportive services, funded through the New York City 15/15 Supportive Housing Initiative...
New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter ended March 31, 2026...
New York, New York — The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter and year ended December 31, 2025...
The Federal Home Loan Bank of New York (FHLBNY) is pleased to announce an enhancement to our Callable Adjustable Rate Credit Advance (Callable ARC). The Callable ARC features a one-time call option to extinguish funding early through two distinct option structures, giving members the flexibility to meet the demands of a fluctuating balance sheet. To better meet our members’ needs, the minimum term for the Callable ARC has been lowered to 2 years (from the previous 3-year term) for our 1-year-left-to-maturity call option...
Starting May 26, the Federal Home Loan Bank of New York (FHLBNY) will offer $5 million in grant funding under the 2026 Small Business Recovery Grant (SBRG) Program. Through the SBRG Program, members will be able to provide grants of up to $10,000 to qualifying small businesses, including farms and non-profit organizations, that have faced economic challenges and/or supply-chain constraints. Funding will be limited to $50,000 per member...
The Federal Home Loan Bank of New York (FHLBNY) has updated its Member Products Guide (Guide). The Guide details the FHLBNY’s credit, collateral and correspondent services standards and can assist you in finding helpful information on the FHLBNY’s product and service matters (e.g., requirements for advance borrowings, eligible collateral types and service fee schedules)…
