On June 23, the Federal Home Loan Bank System released our 2024 Impact Report, highlighting the broad benefits the FHLBanks make as individual cooperatives and a collective System. The Impact Report highlights both the continued reliability of our foundational liquidity – essential to the flow of consumer credit throughout the nation – and a landmark year for our efforts to support housing affordability and community development...
When the Federal Housing Finance Agency officially announced its FHLBank System at 100: Focusing on the Future initiative on August 31, it put out a call for the Federal Home Loan Bank System’s stakeholders to provide their views on the System’s role, mission and purpose…
On May 28, we announced that our Board had approved a 4.75 percent dividend for the first quarter of 2021, with the $62.2 million cash dividend distributed to member institutions on June 1. Our ability to provide a reasonable return on our members’ investment in our cooperative reflects the stability and reliability of our franchise…
New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter ended June 30, 2025. “Throughout the first half of 2025, the Federal Home Loan Bank of New York has continued to provide stable, reliable and low-cost funding to our members in support of their lending activities across our region and beyond,” said Randolph C. Snook, president and CEO of the FHLBNY...
New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter ended March 31, 2025…
New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) announced today the results of the 2024 election for four positions on the FHLBNY’s Board of Directors (“Board”) whose terms will each commence on January 1, 2025. The terms of all the positions will run for four years, expiring on December 31, 2028…
Due to the overwhelming member response to our 0% Development Advance (ZDA) Program1, the Federal Home Loan Bank of New York (FHLBNY) is pleased to announce that an additional $2.8 million in funding has been added to the Program. ZDA Program funding is available on a first-come, first-served basis. Application approvals are not a guarantee of funding; the advance(s) must be drawn…
Beginning on April 1, 2025, the Federal Home Loan Bank of New York (FHLBNY) will implement the following changes regarding the pledging of Income Producing (IP) commercial loan collateral…
Starting July 29, 2024, the Federal Home Loan Bank of New York (FHLBNY) will offer $5 million in grant funding under the 2024 Small Business Recovery Grant (SBRG) Program. The SBRG Program provides grant funds to benefit FHLBNY members’ small businesses, including farms and non-profit customers…
