President’s Reports

September 14, 2026

Report from the President: Our Commitment to Our Communities Is a Constant

Reliability is the promise of every Federal Home Loan Bank. Our members must have certainty that our credit products are available to help meet their needs and support their ability to serve their customers. And just as our members know that our funding is available on demand, so too do our housing partners know that each year, our cooperative makes millions of dollars in critical grant funding available to initiatives across our region and beyond...

August 6, 2026

Report from the President: Integral to Communities Across the Country

On July 23, we announced our second quarter Operating Highlights, which reflect continued strong results driven by our focus on our foundational liquidity mission. This includes $153.3 million in net income in the second quarter – a period in which we also allocated $27.5 million from our earnings to support our affordable housing and community development initiatives...

Press Releases

August 20, 2026

FHLBNY Awards $70.9 Million for 47 Affordable Housing Initiatives

New York, NY – Randolph C. Snook, president and CEO of the Federal Home Loan Bank of New York (“FHLBNY”), announced that the FHLBNY has awarded $70.9 million in grants through its Affordable Housing Program (“AHP”) to fund 47 affordable housing initiatives throughout New Jersey, New York, Puerto Rico, California, New Hampshire and Pennsylvania…

Bulletins

September 16, 2026

Update to the Member Products Guide and Correspondent Services Manual (September 2026)

The Federal Home Loan Bank of New York (FHLBNY) has updated its Member Products Guide (Guide) and Correspondent Services Manual (Manual). Changes to both documents are effective as of September 2026. 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). The Manual outlines the FHLBNY's correspondent services offerings and provides information regarding account services, cash management, wire transfer services, collateral, custody and pledging services, and access to 1Link® and 1LinkSK...

June 15, 2026

Callable ARC Enhancement: Reduced Minimum Term for 1-Year-Left-to-Maturity Call Option

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...