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Bulletins

January 3, 2020

Update: As of January 10, 2020, 1Link® users may now access the 1Link-IPR portal. Please view the updated 1Link System Requirements and download the 1Link-IPR User Guide to get started.

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

As per previous communications, the Federal Home Loan Bank of New York (FHLBNY) has developed an all-new 1Link® portal. The migration to this new portal will happen in phases, starting with phase I of the transition, which took place on January 10, 2020.

As part of phase 1, 1Link users will access an interim portal called 1Link-IPR to utilize certain 1Link features that will include reporting, current/prior day Overnight Investment Account balances, and supporting details. 1Link-IPR is compatible with Windows 10 and will be accessible via a new URL which will run in parallel with the current 1Link portal.*

As part of phase 1, please note the following:

 

All standard and special report subscriptions will be migrated to 1Link-IPR; post migration, please create and manage all future subscriptions in 1Link-IPR.

 

Any existing Custom reports will not be migrated to 1Link-IPR; members are welcome to create custom reports as needed directly in 1Link-IPR.

 

Access to 1Link-IPR requires a user to enter a Screen Name and Password. The Screen Name is a concatenation of your current 1Link Login ID and Company ID separated by the “@” symbol (ie. [email protected]). Upon first logging in, a new password must be set by clicking ‘Forgot Password’ in the 1Link-IPR portal. Please reference the “1Link-IPR User Guide” (below) for detailed instructions.

 

To add new users and to modify existing user access, the current GAF process will remain in effect.

 

New features available in 1Link-IPR include:

 

All accounts, report subscriptions and custom reports are visible across your entire organization

 

Self-service password reset is available via a ‘Forgot Password’ link

 

Transaction search results are now exportable to multiple file formats

As always, the FHLBNY is committed to ensuring that its systems provide benefit to your institution in a safe and secure manner. To prepare for the migration, we invite you to view the updated 1Link System Requirements and download the user guide.

1Link-IPR User Guide

If you have any questions regarding phase I of the 1Link portal migration strategy, please contact your Relationship Manager at (212) 441-6700 or a Member Services Desk Representative at 1-800-546-5101, option 1.

*Until all phases of the 1Link migration are complete, all transaction activity, such as wires and advance processing, must still be accessed and executed using the current 1Link portal.

08/24/2021

Important Announcement for Community Lending Programs Users

07/28/2021

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

07/20/2021

RSA SecurID® for 1Link-IPR Coming Soon

07/14/2021

Important Announcement Regarding the Upcoming FHLBNY Homepage Update

07/02/2021

FHLBNY CICA Disaster Relief Funding Update

04/14/2021

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)

02/10/2021

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

02/10/2021

Update to the Member Products Guide & Correspondent Services Manual (February 2021)

12/03/2020

Update to the Member Products Guide & Correspondent Services Manual

09/02/2020

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

07/30/2020

FHLBNY CICA Disaster Relief Funding: Eligibility Expansion

05/15/2020

Update to the Member Products Guide

06/01/2020

Enhancements to the Refundable MULOC Product

04/23/2020

FHFA Provides Guidance on PPP Loans

01/03/2020

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

12/31/2019

Update to the Member Products Guide & Correspondent Services Manual (January 2020)

12/17/2019

1Link® Migration: Phase I – Interim Access Portal

11/06/2019

Announcing the Callable Adjustable Rate Credit Advance Pilot Program

09/27/2019

FHLBank System Regulator Provides LIBOR Transition Guidance.

06/04/2019

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

03/26/2019

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

01/31/2019

Introducing the Homebuyer Dream Program: The Homebuyer Dream Program<sup>TM</sup> (HDP) is a a new first-time homeowner grant program coming in mid-2019.

01/24/2019

Update to MPG & CSM: The Federal Home Loan Bank of New York (FHLBNY) has updated its Member Products Guide (Guide) and the Correspondent Services Manual (Manual).

01/04/2019

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

11/28/2018

Updates to the 2019 Fee Schedules: In our continued effort to provide excellent service to our Members and maintain our focus on the core business of providing liquidity we are pleased to announce further streamlining of ancillary fees.

11/19/2018

The SOFR-Linked Adjustable Rate Credit Advance: The Federal Home Loan Bank of New York is pleased to announce the launch of the Secured Overnight Financing Rate (SOFR)-Linked Adjustable Rate Credit (ARC) Advance.

10/10/2018

Nominations for AHAC: The Federal Home Loan Bank of New York (FHLBNY) is now accepting nominations for the FHLBNY’s Affordable Housing Advisory Council.

10/09/2018

A New Housing Program: A new first-time homeowner grant program is coming in mid-2019.

07/27/2018

D&I Status Report Highlights: In 2017, the FHLBNY made significant achievements in diversity and inclusion. These achievements are captured in our 2017 Diversity & Inclusion Status Report.

05/07/2018

AHP Proposed Rule: The FHFA has issued a Proposed Rule that calls for a number of changes to the AHP. We believe that many of these proposed changes will present significant challenges to our members, housing partners and other community stakeholders, and could impact how affordable housing is funded across our region.

04/20/2018

Member Products Guide & Correspondent Services Manual Update: The FHLBNY has updated its Member Products Guide and the Correspondent Services Manual. The Guide and Manual detail the FHLBNY’s credit, collateral and correspondent services standards and can assist members in finding helpful information on the FHLBNY's Business Lines.

04/05/2018

Affordable Housing Program 2018: The Federal Home Loan Bank of New York is pleased to announce that approximately $45 million in housing grants will be available for the Affordable Housing Program 2018 Competitive Round.

08/01/2017

FHLBNY Capital Plan Revisions: On August 1, 2017, revisions to the FHLBNY Capital Plan will become effective. RE: FHLBNY Capital Plan Revisions - Effective August 1, 2017

07/12/2017

Announcement Regarding Overnight Advance Processing: Members may now process their Overnight Advances by calling the Member Services Desk for the same low rate as processing this transaction on 1Link.

06/21/2017

Update to Member Products Guide & Correspondent Services Manual: The Federal Home Loan Bank of New York (FHLBNY) has updated its Member Products Guide and the Correspondent Services Manual.

05/31/2017

2016 Annual Report to Members: Our members drive our franchise. In this Annual Report, we have included testimonials from a diverse range of members, all of whom share their thoughts on the value and importance of their membership in our cooperative.

05/22/2017

A New Home for FHLBNY: The Federal Home Loan Bank of New York is pleased to inform you that our New York office has moved to a more modern and open space on the sixth and seventh floors of the 101 Park Avenue location.

05/11/2017

Affordable Housing Program 2017: The Federal Home Loan Bank of New York is pleased to announce that approximately $33.2 million in housing grants is available for the Affordable Housing Program 2017 Competitive Round.

04/03/2017

Affordable Housing Program 2017: The Federal Home Loan Bank of New York is pleased to announce that approximately $33.2 million in housing grants will be available for the upcoming Affordable Housing Program 2017 Competitive Round.

02/15/2017

FHLBNY Bulletin No. 027: The Federal Housing Finance Agency (“FHFA”) has issued a final rule amending its community support regulation, 12 CFR Part 1290

01/11/2017

FHLBNY Bulletin No. 026: To 1LinkSM and 1LinkSKSM Users

12/01/2016

FHLBNY Bulletin No. 025: Update to the 2017 Fee Schedules

05/31/2016

FHLBNY Bulletin No. 024: Updates to the 2016 Fee Schedules

04/06/2016

FHLBNY Bulletin No. 023: Announcing the New Symmetrical Prepayment Advance (SPA) Feature; Why Use a SPA Feature?; Available SPA Advance Structures

03/01/2016

FHLBNY Bulletin No. 022: Updates to the 2016 Fee Schedules

12/17/2015

FHLBNY Bulletin No. 021: The Federal Home Loan Bank of New York (“FHLBNY”) is pleased to announce an advance prepayment Rebate Program : FHLBNY Announces Rebate Program for Advances

09/29/2015

FHLBNY Bulletin No. 020: Putable Advance Modification Program has expanded: previously modified Putable Advances can now be re-modified : Update to the Putable Advance Modification Program

09/22/2015

FHLBNY Bulletin No. 019: The FHLBNY Will Accept Split-rated, Private Label Commercial Mortgage Backed Securities as Collateral to Secure All Extensions of Credit

04/27/2015

FHLBNY Bulletin No. 017: Update to the Member Products Guide & Correspondent Services Manual

Latest News

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Report from the President: 25 Years of Creating Homeownership Opportunities

08/24/2021

Important Announcement for Community Lending Programs Users

07/29/2021

FHLBNY Announces Second Quarter 2021 Operating Highlights

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A Review of Housing Statistics at the End of 2019

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