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2017 Diversity & Inclusion Status Report Highlights

At the Federal Home Loan Bank of New York, we are focused on fostering diversity and inclusion across our business. This starts with our culture, where we value inclusion and collaboration – working together to drive our cooperative forward. Through hiring, developing, advancing and retaining our employees, we are focused on promoting diversity at every level of the Bank, from our Board of Directors to management team to our newest colleagues. Our inclusive environment also extends to those we interact with on a daily basis, creating an inclusive experience for our members, business partners and suppliers.

The importance of diversity and inclusion is built right into our structure. As a cooperative, our membership spans institutions with different footprints, different asset sizes, different business models and different areas of focus, all bound by a shared commitment to the communities they serve. A more diversified membership gives us a stronger base, and allows for our funding to be put to even greater use across our District. Our District – which includes New York, New Jersey, Puerto Rico and the U.S Virgin Islands – is one of the most diverse in the country with regards to ethnicity, race and economic status, and with that diversity comes a diverse set of needs. By championing diversity and inclusion at every level of our organization, we are well-positioned to meet these needs each and every day.

In 2017, the Bank made significant achievements in diversity and inclusion, especially with regards to four key areas: our employment practices; our procurement activities; our capital markets relationships; and our Affordable Housing and Community Lending Programs. These achievements are captured in our 2017 Diversity & Inclusion Status Report. By focusing on diversity and inclusion not only in these key areas but at every level of our organization, we create a stronger cooperative for our members and the communities we serve.

Sincerely,

José R. González
President and Chief Executive Officer

John R. Buran
Chairman

View highlights from the 2017 Diversity & Inclusion Status Report

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Amendment to the FHLBNY Capital Plan Appendix Effective August 1, 2022

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2022 Update to MPG & CSM: Member Products Guide and the Correspondent Services Manual

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Updates to the 2022 Fee Schedules

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An Enhancement to our Callable Adjustable Rate Credit Advance (Callable ARC)

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Important Announcement Regarding the Upcoming FHLBNY Homepage Update

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FHLBNY CICA Disaster Relief Funding Update

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Enhancements to the Refundable Municipal Letter of Credit for Members Participating in the New Jersey Department of Banking and Insurance GUDPA Program

03/01/2021

Notice of FHLB Members Selected For Community Review (Effective March 1, 2021)

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FHLBNY Capital Stock Purchase Requirement for Letters of Credit (Effective March 1, 2021)

02/10/2021

2021 Update to MPG & CSM: Member Products Guide and the Correspondent Services Manual

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2020 Update to MPG & CSM: Member Products Guide and the Correspondent Services Manual

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Amendments to the FHLBNY Capital Plan (Effective October 2, 2020)

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FHLBNY CICA Disaster Relief Funding: Eligibility Expansion

05/15/2020

Update to the Member Products Guide

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Enhancements to the Refundable MULOC Product

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FHFA Provides Guidance on PPP Loans

01/03/2020

1Link® Migration: Phase I - Interim Portal Roll-out

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2019 Update to MPG & CSM: Member Products Guide and the Correspondent Services Manual (for Jan 2020)

12/17/2019

1Link® Migration: Phase I – Interim Access Portal

11/06/2019

Announcing the Callable Adjustable Rate Credit Advance Pilot Program

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FHLBank System Regulator Provides LIBOR Transition Guidance

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SOFR ARC: FHLBNY is pleased to announce the expansion of the SOFR-Linked ARC Advance Program

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Notice of Federal Home Loan Bank Members Selected For Community Review (March 26, 2019)

01/31/2019

Introducing the Homebuyer Dream Program: A New First-Time Homeowner Grant Program

01/24/2019

2019 Update to MPG & CSM: Member Products Guide and the Correspondent Services Manual

01/04/2019

Announcement of Fannie Mae and Freddie Mac Uniform Mortgage-Backed Security (UMBS)

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