News

I am pleased to announce that, on November 15, 2023, our Board of Directors approved a dividend for the third quarter of 2023 of 9.50% (annualized). The dividend proceeds will be distributed to FHLBNY member financial institutions on November 16, 2023...

Across the country, Federal Home Loan Bank liquidity is important for financial stability as it helps ensure that local lenders have funds to lend in all credit environments for homeownership and rental housing, small businesses, agriculture and other lending activities that drive community and economic development...

This month, we expect our regulator, the Federal Housing Finance Agency (“FHFA”), to release a report containing a set of recommendations stemming from its FHLBank System at 100: Focusing on the Future review. This initiative was announced a year ago, and the first set of public listening sessions took place in September 2022. The FHFA began the initiative...

The Federal Home Loan Bank of New York (“FHLBNY”) announced today the results of the 2023 election for four positions on the FHLBNY’s Board of Directors (“Board”) whose terms will each commence on January 1, 2024. The terms of all the positions will run for four years, expiring on December 31, 2027...

New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) announced today that Larry E. Thompson has been elected by its Board of Directors (“Board”) to serve as Board chair for a two-year term that will commence on January 1, 2024. Mr. Thompson, who is the former vice chairman of The Depository Trust & Clearing Corporation, has served on the FHLBNY’s Board as a Member Director representing the interests of the FHLBNY’s members since January 1, 2014...

New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter ended September 30, 2023. “Our results for the third quarter of 2023 reflect the continued strength and stability of our franchise, and the vital importance of our foundational liquidity mission...”

The Federal Home Loan Bank of New York (FHLBNY) is pleased to announce that we will be offering $5 million in grant funding under the 2023 Small Business Recovery Grant (SBRG) Program in November. The SBRG Program provides grant funds to benefit FHLBNY members’ small business and non-profit customers. This year, the FHLBNY simplified the eligibility criteria and submission process to ensure rapid deployment of funds to eligible recipients...

The Federal Home Loan Bank of New York is pleased to announce that, effective October 26, 2023, we will accept Municipal Bonds with a real estate nexus that carry a minimum NRSRO rating of “AA- or above” or equivalent as eligible collateral from member institutions...

On October 16, 2023, the 2023 Federal Home Loan Bank of New York (FHLBNY) Director Election ballot package was distributed electronically to eligible FHLBNY members...