Bulletins

June 30, 2023

Update to the Member Products Guide

The Federal Home Loan Bank of New York (FHLBNY) has updated its Member Products Guide (Guide). The Guide details the FHLBNY’s credit and collateral standards and can assist you in finding helpful information on the FHLBNY’s product and service matters (e.g. requirements for advance borrowings and service fee schedules).

This document can be found by signing on to 1Link®, and clicking on the ‘Manuals and Guides’ link. These documents are updated as needed throughout the year.

Changes to the Guide effective as of June 2023 include:

Ineligible LIBOR Collateral states that the LIBOR collateral will be ineligible after July 1, 2023 and the Bank will work with members to ensure successor index is provided. (page 41)
Insurance Company securities collateral margins have increased due market environment conditions (page 46)

If you have any questions about the FHLBNY’s Guide or Manual, please contact your Relationship Manager at (212) 441-6700, or the Member Service Desk at 1-800-546-5101 (option 1).

Thank you for your support.

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03/06/2025	Amendments to the FHLBNY Capital Plan (Effective April 7, 2025)
02/19/2025	Notice of FHLB Members Selected For Community Review (Effective February 20, 2025)
02/06/2025	2025 Update to the Member Products Guide
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10/26/2023	Municipal Bonds are Now Eligible Collateral
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09/11/2023	Introducing a New URL to Access Your FHLBNY Systems
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06/30/2023	2023 Update to the Member Products Guide
06/05/2023	Coming Soon: Expansion of Our 0% Advance Offerings
02/22/2023	Notice of FHLB Members Selected For Community Review (Effective February 23, 2023)
01/20/2023	2023 Update to the Member Products Guide & Correspondent Services Manual
11/16/2022	Prepare for the 1Link Migration in December 2022
09/28/2022	2022 Update to MPG & CSM: Member Products Guide & Correspondent Services Manual
09/23/2022	Reintroducing Putable Advances, Fixed-Rate Advances with SOFR Cap and ARC Advances with Cap/Floor
07/05/2022	FHLBNY Affordable Housing Advisory Council Open Nomination Period
06/24/2022	Amendment to the FHLBNY Capital Plan Appendix Effective August 1, 2022
04/07/2022	Wire Transfers Migration to 1Link-IPR
01/24/2022	FHLBNY Announces Enhancements to the Rebate Program for Advances
01/03/2022	2022 Update to MPG & CSM: Member Products Guide and the Correspondent Services Manual
12/03/2021	Updates to the 2022 Fee Schedules
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
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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)
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02/10/2021	2021 Update to MPG & CSM: Member Products Guide and the Correspondent Services Manual
12/03/2020	2020 Update to MPG & CSM: Member Products Guide and the 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
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01/03/2020	1Link® Migration: Phase I - Interim Portal Roll-out
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Bulletins

Update to the Member Products Guide

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