Updates to the 2016 Fee Schedules
Due to the successful adoption of 1LinkSK® Self Service by a majority of our Members, the Federal Home Loan Bank of New York (“FHLBNY”) is striving towards full Member participation in 1LinkSK® by year end. We will continue to offer the current discounted fees for 1LinkSK® Self Service Online transactions. However, effective April 1, 2016, FHLBNY is implementing a $5 increase to their Safekeeping Services fees for Purchases / Sales submitted by Fax/E-mail (require manual processing):
Updated Fees for Purchases / Sales by Fax / E-mail:
Book Entry (FED/DTC): $25 per transaction
All Physicals: $40 per transaction
We anticipate additional fee changes for trades submitted via Fax/E-Mail in the third quarter of 2016. Details will be communicated later this year. To avoid being assessed the higher trade fees related to Fax/E-Mail trades, please contact Custody and Pledging Services (“CPS”) (800) 546-5101 for assistance to begin to utilize 1LinkSK® for all of your Safekeeping needs. CPS staff is ready to assist your institution to making 1LinkSK® the main Safekeeping portal for your institution.
If you have any questions about the FHLBNY’s Safekeeping fees, please contact your Relationship Manager at (212) 441-6700. You can access the Fee Schedules by signing on to 1Link®, our internet banking system and clicking on the ‘Manuals and Guides’.
FHLBNY Announces Results of 2023 Board of Director Elections
Dividend Announcement 3Q23: FHLBNY Declares a 9.50% Dividend for the Third Quarter of 2023
Coming Soon: The 2023 Small Business Recovery Grant Program
Enhancements to the Refundable Municipal Letter of Credit for Members Participating in the New Jersey Department of Banking and Insurance GUDPA Program
1Link® Migration: Phase I – Interim Access Portal