Bulletins

Bulletin 24

Updates to the 2016 Fee Schedules

As communicated earlier this year, 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 July 1, 2016, FHLBNY is implementing an additional $5 increase to their Safekeeping Services fees for Purchases/Sales submitted by Fax or E-Mail (require manual processing):

Updated fees for security purchases or sales by Fax / E-Mail:

Book Entry (FED/DTC): $25 to $30 per transaction

All Physicals: $40 to $45 per transaction

To avoid being assessed the higher trade fees related to Fax / E-Mail trades, please contact Custody and Pledging Services (“CPS”) at (800) 546-5101 for assistance to begin to utilize 1LinkSK® for all of your Safekeeping needs.

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’.

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