FHLBNY Announces 50th Round of Affordable Housing Program and Modernized First-Time Homebuyer Program

New York, New York — The Federal Home Loan Bank of New York (FHLBNY) is pleased to announce that, on February 25, 2019, it will begin accepting applications for its 2019 Round of Affordable Housing Program (AHP) grant funding.

Feb 12, 2019

At the Bank: Focused On Enhancing Member Value; Michael M. Horn Reelected Board Chair

Throughout 2016, we have focused on being a reliable partner for our members in order to help you support the communities we all serve.

Jan 12, 2016

At the Bank: FHFA Membership Rule Strengthens System

On January 12, the Federal Housing Finance Agency (“FHFA”) announced its final rule on Federal Home Loan Bank membership, a ruling that strengthens the Federal Home Loan Bank System and reaffirms our Home Loan Bank model.

Feb 04, 2016

Dividend Announcement: FHLBNY Declares a 4.65% Dividend for the Fourth Quarter of 2015

I am pleased to announce that, on February 18, 2016, your Board of Directors (“Board”) approved a dividend for the fourth quarter of 2015 of 4.65% (annualized).

Feb 18, 2016

At the Bank: A Stable Support System; FHLBNY Announces First Quarter Operating Highlights; AHP Grant Application Window to Open in Late May

On April 29th, the FHLBanks Office of Finance announced the Combined Operating Highlights for the Federal Home Loan Banks for the first quarter of 2016.

May 03, 2016

Dividend Announcement: FHLBNY Declares a 4.50% Dividend for the First Quarter of 2016

I am pleased to announce that, on May 19, 2016, your Board of Directors approved a dividend for the first quarter of 2016 of 4.50% (annualized).

May 19, 2016

Dividend Announcement: FHLBNY Declares a 4.75% Dividend for the Second Quarter of 2016

I am pleased to announce that, on August 18, 2016, your Board of Directors approved a dividend for the second quarter of 2016 of 4.75% (annualized).

Aug 18, 2016

At the Bank: A Wide Range of Products for Our Members

On August 25th, the Bank was honored to participate in the groundbreaking of a new branch office for Community Resource Federal Credit Union in North Greenbrush, New York.

Sep 06, 2016

At the Bank: A Sturdy Strategic Partner

Our focus on advances has positioned us as a reliable funding partner for our members. But it has also been key to our consistently strong performance, which is driven by advances.

Nov 01, 2016

Dividend Announcement: FHLBNY Declares a 5.00% Dividend for the Third Quarter of 2016

I am pleased to announce that, on November 17, 2016, your Board of Directors approved a dividend for the third quarter of 2016 of 5.00% (annualized).

Nov 17, 2016

At the Bank: FHLBNY Awards 2016 AHP Grants; FHLBNY Announces Third Quarter Dividend

Throughout 2016, we have focused on being a reliable partner for our members in order to help you support the communities we all serve.

Dec 01, 2016

At the Bank: Positioned to Thrive in 2017; Mourning FHLBNY Director Caren Franzini

We began 2017 with advances levels of $109.2 billion – an increase of 16.8 percent from the level at which we started 2016.

Feb 01, 2017

Dividend Announcement: FHLBNY Declares a 5.65% Dividend for the Fourth Quarter of 2016

I am pleased to announce that, on February 16, 2017, your Board of Directors approved a dividend for the fourth quarter of 2016 of 5.65% (annualized).

Feb 16, 2017

At the Bank: A Strong Year for Our Cooperative and Our System; FHLBNY Announces Fourth Quarter 2016 Dividend; FHLBNY Names Chief Risk Officer

Throughout 2016, the Federal Home Loan Bank of New York was a reliable source of funding for and trusted partner to our members.

Mar 01, 2017

The Reach of Our Housing Mission: A Reliable Partner for the Communities We All Serve; FDIC Publishes Federal Home Loan Bank Product Guide

Our housing mission is vital to our cooperative: it shapes our culture, supplements our commitment to the community and strengthens our partnerships with our members.

Apr 13, 2017

At the Bank: Nationwide Dependability; FHLBNY Announces First Quarter Operating Highlights; AHP Grant Application Window Now Open

On April 28th, the Federal Home Loan Bank System’s Office of Finance announced the Combined Operating Highlights for the Federal Home Loan Banks for the first quarter of 2017.

May 05, 2017

Dividend Announcement 1Q17: The FHLBNY Declares a 5.00% Dividend for the First Quarter of 2017;

I am pleased to announce that, on May 17, 2017, your Board of Directors approved a dividend for the first quarter of 2017 of 5.00% (annualized).

May 17, 2017

At the Bank: Confirming Our Strength; FHLBNY Declares First Quarter 2017 Dividend; FHLBNY Opens New Headquarters; AHP Applications Due June 9th

On May 3rd, Moody’s Investor Service issued a credit opinion on the FHLBNY, in which it confirmed the strength of our cooperative.

Jun 01, 2017

At the Bank: FHLBNY Announces Second Quarter Operating Highlights; Continued Focus on Increasing the Value of Membership

On July 27th, the Federal Home Loan Bank of New York announced our results for the second quarter of 2017.

Aug 01, 2017

Dividend Announcement 2Q17: The FHLBNY Declares a 5.50% Dividend for the Second Quarter of 2017;

I am pleased to announce that, on August 17, 2017, your Board of Directors approved a dividend for the second quarter of 2017 of 5.50% (annualized).

Aug 17, 2017

Report from the President: The Importance of Dependability; Engaging Our Membership;

At the Federal Home Loan Bank of New York, we recognize our dependability helps drive the value of membership.

Sep 05, 2017

Dividend Announcement 3Q17: The FHLBNY Declares a 6.00% Dividend for the Third Quarter of 2017;

I am pleased to announce that, on November 16, 2017, your Board of Directors approved a dividend for the third quarter of 2017 of 6.00% (annualized).

Nov 16, 2017

Member Advantage: Our mission is to advance housing opportunity and local community development by supporting members in serving their markets

We achieve this mainly through the daily availability of our advances.

Mar 28, 2016

Member Advantage: On May 6, Moody’s Investors Service issued credit opinions on both the FHLBNY and the Federal Home Loan Bank System.

The rating agency’s report on our cooperative was very positive, highlighting our strong credit culture, stable profitability, exceptional asset quality and conservative interest rate risk management.

Aug 03, 2016

Member Advantage: Last month, S&P Global Ratings issued a report on the Federal Home Loan Bank System

In reaffirming the System’s AA+/Stable rating – the same as the U.S. sovereign rating – S&P highlighted numerous positive aspects about the Federal Home Loan Banks, including our strong capital, funding and risk management positions.

Oct 11, 2016

Member Advantage: To say that 2016 was an “interesting” year would be an understatement

Globally, nationally and locally, instability and change helped shape the year.

Jan 04, 2017

Member Advantage: Our Board serves a key function not only for our franchise, but also for our members: they are your representatives in our cooperative

Last month, the FHLBNY’s management team gathered with our Directors for the 2017 strategic Board off-site meeting.

Jul 18, 2017

FHLBNY Announces First Quarter 2017 Operating Highlights

New York, New York — The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter ended March 31, 2017.

Apr 26, 2017

FHLBNY Commences 2017 Board of Directors Election Process

New York, NY – The Federal Home Loan Bank of New York (FHLBNY) is now soliciting nominations for candidates to serve on its Board of Directors (Board) for terms commencing on January 1, 2018, the FHLBNY announced in a letter sent to its members on June 30, 2017. In total, five Directorships will be up for election in 2017.

Jun 30, 2017

FHLBNY Announces Second Quarter 2017 Operating Highlights

New York, NY – The Federal Home Loan Bank of New York (FHLBNY) today released its unaudited financial highlights for the quarter ended June 30, 2017.

Jul 27, 2017

FHLBNY Announces First Quarter 2019 Operating Highlights

New York, New York — The Federal Home Loan Bank of New York (FHLBNY) today released its unaudited financial highlights for the quarter ended March 31, 2019.

Apr 29, 2019

FHLBNY Announces 4Q and Full-Year 2015 Operating Highlights

New York, New York — The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter and year ended December 31, 2015.

Feb 16, 2016

FHLBNY Announces First Quarter 2016 Operating Highlights

New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter ended March 31, 2016.

Apr 27, 2016

FHLBNY Commences 2016 Board of Directors Election Process

New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) is now soliciting nominations for candidates to serve on its Board of Directors (“Board”) for terms commencing on January 1, 2017, the FHLBNY announced in a letter sent to its members on Friday, June 24, 2016.

Jun 24, 2016

FHLBNY Announces Second Quarter 2016 Operating Highlights

New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter ended June 30, 2016.

Jul 25, 2016

FHLBNY Presents M&T Bank With Community Pillar Award

Buffalo, NY -- José R. González, president and CEO of the Federal Home Loan Bank of New York (“FHLBNY”), announced that the Bank has recognized its member, M&T Bank, with The Community Pillar Award, which recognizes the institution’s ongoing dedication to creating affordable housing opportunities in the communities it serves.

Oct 12, 2016

FHLBNY Announces Third Quarter 2016 Operating Highlights

New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter ended September 30, 2016.

Oct 27, 2016

FHLBNY Announces Results of 2016 Board of Director Elections

New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) announced today the results of the 2016 election for four positions on the FHLBNY’s Board of Directors whose terms will each commence on January 1, 2017.

Nov 04, 2016

FHLBNY Announces Fourth Quarter and Full-Year 2016 Operating Highlights

New York, New York — The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter and year ended December 31, 2016.

Feb 21, 2017

Ángela Weyne to Serve As Independent Director of the FHLBNY

New York, NY – The Federal Home Loan Bank of New York (FHLBNY) is pleased to announce that its Board of Directors has selected Ángela Weyne, former Commissioner of Insurance for the Commonwealth of Puerto Rico, to serve as an Independent Director for a term that will expire on December 31, 2019.

Sep 21, 2017

FHLBNY Makes $1 Billion in Disaster Relief Funding Available

New York, NY – In response to the severe and extensive damage caused by Hurricanes Harvey, Irma and Maria, the Federal Home Loan Bank of New York (FHLBNY) has made $1 billion in disaster relief funding available to its members to help rebuild communities in FEMA-designated disaster areas in Puerto Rico, the U.S. Virgin Islands, Florida, Texas and the Southeast.

Sep 28, 2017

FHLBNY Announces Third Quarter 2017 Operating Highlights

New York, NY – The Federal Home Loan Bank of New York (FHLBNY) today released its unaudited financial highlights for the quarter ended September 30, 2017.

Oct 30, 2017

FHLBNY Announces Results of 2017 Board of Director Elections

New York, NY – The Federal Home Loan Bank of New York (FHLBNY) announced today the results of the 2017 election for five positions on the FHLBNY’s Board of Directors whose terms will each commence on January 1, 2018

Nov 09, 2017

John R. Buran Elected Chairman of FHLBNY

New York, NY – The Federal Home Loan Bank of New York (FHLBNY) announced today that John R. Buran has been elected by its Board of Directors (Board) to serve as the Board’s chairman for a two-year term that will commence on January 1, 2018.

Nov 16, 2017

Larry E. Thompson Elected Vice Chairman of the FHLBNY

New York, NY – The Federal Home Loan Bank of New York (FHLBNY) announced today that Larry E. Thompson has been elected by its Board of Directors (Board) to serve as the Board’s vice chairman for 2018. Mr. Thompson, who is the vice chairman of The Depository Trust & Clearing Corporation, has served on the Bank’s Board as an Independent Director since January 1, 2014.

Dec 21, 2017

FHLBNY Announces Fourth Quarter 2017 Operating Highlights

New York, New York — The Federal Home Loan Bank of New York (FHLBNY) today released its unaudited financial highlights for the quarter and year ended December 31, 2017.

Feb 21, 2018

FHLBNY Announces First Quarter 2018 Operating Highlights

New York, New York — The Federal Home Loan Bank of New York ("FHLBNY") today released its unaudited financial highlights for the quarter ended March 31, 2018.

Apr 26, 2018

FHLBNY Announces Second Quarter 2018 Operating Highlights

New York, New York — The Federal Home Loan Bank of New York (FHLBNY) today released its unaudited financial highlights for the quarter ended June 30, 2018.

Jul 26, 2018

FHLBNY Announces Third Quarter 2018 Operating Highlights

New York, New York — The Federal Home Loan Bank of New York (FHLBNY) today released its unaudited financial highlights for the quarter ended September 30, 2018.

Oct 29, 2018

FHLBNY Announces Results of 2018 Board of Director Elections

New York, New York — The Federal Home Loan Bank of New York (FHLBNY) announced today the results of the 2018 election for five positions on the FHLBNY’s Board of Directors whose terms will each commence on January 1, 2019.

Nov 08, 2018

Larry E. Thompson Re-Elected Vice Chairman of the FHLBNY

New York, New York — The Federal Home Loan Bank of New York (FHLBNY) announced today that Larry E. Thompson has been re-elected by its Board of Directors (Board) to serve as the Board’s vice chairman for a two-year term commencing January 1, 2019

Nov 16, 2018

Stephen S. Romaine and Charles E. Kilbourne, III to Serve as Directors of the FHLBNY

New York, NY — The Federal Home Loan Bank of New York (FHLBNY) is pleased to announce that its Board of Directors has selected Stephen S. Romaine, chairman of Tompkins Trust Company, and Charles E. Kilbourne, III, managing director of the Financial Services Volunteer Corps, to serve as Directors for terms that will each commence on January 1, 2019 and expire on December 31, 2020.

Dec 06, 2018

FHLBNY Announces Fourth Quarter and Full-Year 2018 Operating Highlights

ew York, New York — The Federal Home Loan Bank of New York (FHLBNY) today released its unaudited financial highlights for the quarter and year ended December 31, 2018.

Feb 08, 2019

FHLBNY and MAX Exchange Announce Mortgage Exchange Platform Pilot

New York, New York and Atlanta, Georgia – The Federal Home Loan Bank of New York (FHLBNY) and MAX Exchange (MAX), a multi-seller to multi-buyer exchange and clearing house for residential mortgage loans, announced a pilot program that will enable approved FHLBNY members to sell conforming and jumbo residential whole loan mortgages on an open exchange platform.

Apr 07, 2015

FHLBNY Awards $22.1 Million for 28 Affordable Housing Initiatives

New York, NY -- José R. González, president and CEO of the Federal Home Loan Bank of New York, announced that the Bank has awarded $22.1 million in subsidies to fund 28 affordable housing initiatives throughout New Jersey, New York, Connecticut, Maryland, Ohio and Pennsylvania.

Feb 02, 2015

FHLBNY Announces Fourth Quarter and Full-Year 2014 Operating Highlights

New York, New York — The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter and year ended December 31, 2014.

Feb 18, 2015

FHLBNY Announces First Quarter 2015 Operating Highlights

New York, NY – The Federal Home Loan Bank of New York (FHLBNY) today released its unaudited financial highlights for the quarter ended March 31, 2015.

Apr 29, 2015

FHLBNY Awards a $1.2 Million Affordable Housing Grant in Clifton Springs

Clifton Springs, New York -- The Federal Home Loan Bank of New York announced today the award of a $1,272,000 grant to the Genesis Housing Development Corporation to help finance the Spa Apartments project, which involves the rehabilitation of 109 apartments that are home to very low-income seniors and disabled individuals.

May 07, 2015

FHLBNY Commences 2015 Board of Directors Election Process

New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) is now formally soliciting nominations for candidates to serve on its Board of Directors (“Board”) for terms commencing on January 1, 2016, the FHLBNY announced in a letter sent to its members on Friday, June 26, 2015.

Jun 26, 2015

FHLBNY Announces Second Quarter 2015 Operating Highlights

New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter ended June 30, 2015.

Jul 29, 2015

FHLBNY Announces Third Quarter 2015 Operating Highlights

New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter ended September 30, 2015.

Oct 26, 2015

FHLBNY Announces Results of 2015 Board of Director Elections

New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) announced today the results of the 2015 election for four positions on the FHLBNY’s Board of Directors whose terms will each commence on January 1, 2016.

Nov 13, 2015

FHLBNY Announces Second Quarter 2019 Operating Highlights

New York, New York — The Federal Home Loan Bank of New York (FHLBNY) today released its unaudited financial highlights for the quarter ended June 30, 2019.

Jul 29, 2019

FHLBNY Commences 2019 Board of Directors Election Process

The Federal Home Loan Bank of New York (FHLBNY) is now soliciting nominations for candidates to serve on its Board of Directors (Board) for terms commencing on January 1, 2020, the FHLBNY announced in an electronic communication sent...

Jun 28, 2019

FHLBNY Commences 2018 Board of Directors Election Process

New York, New York — The Federal Home Loan Bank of New York (FHLBNY) today released its unaudited financial highlights for the quarter ended June 30, 2018.

Jun 29, 2018

Member Advantage: Consider the many ways in which you can leverage your relationship with the FHLBNY

On November 19, the FHLBNY declared a 4.10% dividend for the third quarter of 2015. The following day, the FHLBNY distributed $54.5 million in dividend payments to our members.

Dec 03, 2015

Dividend Announcement: FHLBNY Declares a 4.10% Dividend for the Third Quarter of 2015

I am pleased to announce that, on November 19, 2015, your Board of Directors approved a dividend for the third quarter of 2015 of 4.10% (annualized).

Nov 19, 2015

At the Bank: The Cornerstones of Our Franchise; FHLBNY Announces Third Quarter Results; Board of Director Elections Underway

During the last week of October, the Federal Home Loan Bank of New York had the privilege of hosting two of the cornerstones of our cooperative: our local member lenders, and the dealers who help drive our funding franchise.

Nov 02, 2015

At the Bank: A Cooperative Partner for the Region; Board of Director Elections Underway

This past month, I was honored to have the opportunity to speak with many of our members at the NJBankers Senior Management Conference.

Oct 01, 2015

At the Bank: A Stable Partner

On August 20, the Federal Home Loan Bank of New York announced our second quarter dividend.

Sep 03, 2015

Dividend Announcement: FHLBNY Declares a 4.10% Dividend for the Second Quarter of 2015

I am pleased to announce that, on August 20, 2015, your Board of Directors approved a dividend for the second quarter of 2015 of 4.10% (annualized).

Aug 20, 2015

At the Bank: A Solid Foundation, and Well-Positioned for the Future

On July 29, the Federal Home Loan Bank of New York released its operating highlights for the second quarter of 2015.

Aug 03, 2015

At the Bank: Consistency and Reliability; On-Balance Sheet Support; Off-Balance Sheet Support; Community Support; Lehman Brothers Files Suit; An 11-Member System

On May 21, your Board of Directors approved a dividend for the first quarter of 2015 of 4.10 percent (annualized).

Jun 01, 2015

Dividend Announcement: FHLBNY Declares a 4.10% Dividend for the First Quarter of 2015

I am pleased to announce that, on May 21, 2015, your Board of Directors approved a dividend for the first quarter of 2015 of 4.10% (annualized).

May 21, 2015

At the Bank: A Solid Start for the FHLBNY; A Solid Start for the System; Consistent Performance, Stable Partnership

On April 29, we announced our results for the first quarter of 2015.

May 04, 2015

At the Bank: A Reliable System That Works; A New Look, the Same Purpose

March 27, the Office of Finance issued the 2014 Combined Financial Report of the Federal Home Loan Banks.

Apr 01, 2015

At the Bank: A Strong 2014 and a Trusted Partner; Des Moines and Seattle Members Approve Merger; In Washington

On February 18, we announced our Operating Highlights for both the fourth quarter and full year of 2014.

Mar 03, 2015

Dividend Announcement: FHLBNY Declares a 4.60% Dividend for the Fourth Quarter of 2014

I am pleased to announce that, on February 19, 2015, your Board of Directors approved a dividend for the fourth quarter of 2014 of 4.60% (annualized).

Feb 19, 2015

At the Bank: Challenges and Opportunities; FHLBNY Announces AHP Awards; In Washington

In his January 20, 2015, State of the Union address, President Obama stated that “the shadow of crisis has passed” and described 2014 as a “breakthrough year” for the economy.

Feb 04, 2015

At the Bank: Stability Amid Change; In Washington; FHFA Approves Federal Home Loan Bank Merger Application

This past January, when Al DelliBovi drafted his first Report from the President for 2014, he noted that the year would be one of change.

Jan 06, 2015

FHLBNY Awards $45.8 Million for 45 Affordable Housing Initiatives

New York, New York — José R. González, president and CEO of the Federal Home Loan Bank of New York, announced that the Bank has awarded $45.8 million in subsidies to fund 45 affordable housing initiatives throughout New Jersey, New York, Connecticut, Illinois, Maryland and Pennsylvania.

Sep 25, 2019

FHLBNY Announces Third Quarter 2019 Operating Highlights

New York, New York — The Federal Home Loan Bank of New York (FHLBNY) released its unaudited financial highlights for the quarter ended September 30, 2019.

Oct 29, 2019

FHLBNY Announces Results of 2019 Board of Director Elections

New York, NY – The Federal Home Loan Bank of New York (FHLBNY) announced today the results of the 2019 election for four positions on the FHLBNY’s Board of Directors whose terms will each commence on January 1, 2020.

Nov 08, 2019

John R. Buran Re-elected Chairman of FHLBNY

The FHLBNY announced today that John R. Buran has been re-elected by its Board of Directors (Board) to serve as the Board’s chairman for a two-year term that will commence on January 1, 2020.

Nov 21, 2019

Announcing COVID-19 Relief Program

FHLBNY response includes a combination of charitable donations, grants, subsidized advances and $1 billion in available Disaster Relief Funding... New York, NY – In response to the COVID-19 pandemic, the Federal Home Loan Bank of New York (FHLBNY) has announced a targeted suite of tools to assist its members and community partners to respond to the needs of individuals, households, non-profit organizations and small businesses across the FHLBNY’s District...

May 01, 2020

FHLBNY Commences 2020 Board Of Directors Election Process

The FHLBNY is now soliciting nominations for candidates to serve on its Board of Directors (Board) for terms commencing on January 1, 2021, the FHLBNY announced in an electronic communication sent to its members on....

Jun 26, 2020

FHLBNY Announces Second Quarter 2020 Operating Highlights

New York, NY – The FHLBNY today released its unaudited financial highlights for the quarter ended June 30, 2020. “Throughout the first half of 2020, as our region and our nation have grappled with the COVID-19 pandemic and resulting economic turmoil..."

Jul 29, 2020

FHLBNY Announces Results of 2020 Board of Director Elections

New York, NY – The Federal Home Loan Bank of New York (FHLBNY) announced today the results of the 2020 election for five positions on the FHLBNY’s Board of Directors whose terms will each commence on January 1, 2021...

Nov 10, 2020

New York Banking Development District Deposits

In 1998, the New York State Banking Development District Program (“BDD”) was created under New York State banking law to provide banks with incentives to open branches in underserved communities throughout New York State.

Mar 28, 2019

FAQ’S

Content will update later

Apr 25, 2019

Grant Recipients – Sept 2019

Affordable Housing Program Awardees - September 2019

Jun 11, 2019

Grant Recipients – Dec 2016

Affordable Housing Program Awardees – December 2016

Jun 14, 2019

Grant Recipients – Dec 2017

Affordable Housing Program Awardees – December 2017

Jun 17, 2019

Grant Recipients – Dec 2015

Affordable Housing Program Awardees – December 2015

Jun 17, 2019

Grant Recipients – Nov 2018

Affordable Housing Program Awardees – November 2018

Sep 23, 2019

Grant Recipients – Nov2020

Affordable Housing Program Awardees – November 2020

Nov 17, 2020

Citibank Breaks Ground on Housing Complex for Seniors

Content will update later

May 15, 2019

NJHMFA Constructs Affordable Housing Facility for Low to Moderate Income Families in Camden, NJ

On November 27, 2012, community leaders and local and federal officials gathered to celebrate the grand opening of Morgan Village, a new 40-unit affordable housing facility serving low to moderate income families in Camden, New Jersey.

May 15, 2019

Affordable Housing Grants to Assist in Creation of Special Needs Housing in New Jersey

In the current economic environment, many funding sources have all but vanished from the financial landscape. But the FHLBNY’s Affordable Housing Program (AHP) continues to serve as a significant source of funding for affordable housing initiatives across the region.

May 15, 2019

Common Ground to Provide Housing for Formerly Homeless and Low Income Adults in Brownsville, Brooklyn

“We are always proud to support the great work Common Ground does here in New York,” said Alfred A. DelliBovi, president of the Federal Home Loan Bank of New York, at the ribbon-cutting ceremony marking the opening of The Hegeman Residence in Brownsville, Brooklyn. “Common Ground is committed to developing solutions for homelessness and ensuring that all people have safe, supportive and affordable homes.”

May 15, 2019

South Plainfield Senior Housing Receives AHP Funding Through The Provident Bank

Through FHLBNY member lender The Provident Bank, $656,500 in Affordable Housing Program (AHP) funding was granted to the South Plainfield Senior Housing project. The project involved the construction of 100 units of housing for very low-income senior citizens.

May 15, 2019

Habitat for Humanity of Greater Newburgh Receives $70,000 FHLBNY AHP Grant Through M&T Bank

Through member lender M&T Bank, $70,000 in Affordable Housing Program (AHP) funding was granted to Habitat for Humanity of Greater Newburgh to help create seven homeownership opportunities for very low-income families. Habitat purchased four abandoned, boarded-up buildings from the City of Newburgh, to completely gut and rehabilitate.

May 15, 2019

First Federal Savings of Middletown Uses AHP Subsidy to Transform Abandoned Buildings into Viable Senior Housing

Can five old, historic, freestanding buildings each reflecting a particular architectural style become a beautiful residence for senior citizens? For this challenging redevelopment venture in the picturesque town of Goshen, New York, the answer was a definitive "yes." The once abandoned buildings have been reconstructed into an affordable rental housing complex for senior citizens called Hearthstone.

May 15, 2019

Metuchen Savings Bank Helps Refinance Transitional Housing Facility in Essex County, New Jersey

Member lender Metuchen Savings Bank, in partnership with the Thrift Institution Community Investment Corporation (TICIC), a loan consortium of the New Jersey League of Community Bankers, requested a $448,000 FHLBNY Community Investment Program (CIP) commitment to refinance New Community Corporation’s (NCC) Harmony House.

May 15, 2019

The Provident Bank Helps Construct Senior Housing Complex in Dover, New Jersey

The Provident Bank used a $900,000 Community Investment Program (CIP) Advance provided by the FHLBNY to help construct Spruce Senior Housing, a three-story building with 90 units for very low-income senior citizens. The complex was created to promote a senior community environment and increase the supply of affordable housing in this area, as well as revitalize the neighborhood.

May 15, 2019

HSBC Bank USA Supports Specialty Housing for the Mentally Disabled in Monroe County, New York

Member lender HSBC Bank USA used two Community Investment Program (CIP) Advances (one for $235,000 with a 15-year maturity and another for $45,000 with a 5-year maturity) to extend funding to Lifetime Assistance, Inc. (LAI) for the purchase and renovation of a residential facility on Webber Circle in Rochester, New York.

May 15, 2019

Sussex Bank To Finance Assisted Living Facility, West Orange, New Jersey

Member lender Sussex Bank took advantage of a FHLBNY Community Investment Program (CIP) Advance to provide $3,300,000 in financing to support Canterbury Village, a non-profit, assisted living facility that is currently home to over 40 senior citizens. Since 1898, the organization has provided care, shelter, and services to older adults throughout Essex County and beyond.

May 15, 2019

HSBC Bank USA Helps Refinance Sojourner House in Rochester, New York

Member lender HSBC Bank USA, took advantage of our discounted Community Investment Program (CIP) to provide a long-term advance of $275,000 for the refinancing of Sojourner House. The 14,326 square-foot, two-and-a-half story masonry building is located in Rochester, New York.

May 15, 2019

HSBC Bank USA Finances Two Developmental Day Centers in Upstate New York

HSBC Bank USA used the FHLBNY’s Rural Development Advance (RDA) to fund two day centers owned and operated by Heritage Christian Services, Inc. (HCS) in Tonawanda and Webster, New York. HCS was created by a group of local parents whose children had disabilities.

May 15, 2019

HSBC Bank USA Uses RDA Funding for Home Ownership Center in Norwich, New York

Member lender HSBC Bank USA used $165,000 in FHLBNY RDA funding to provide mortgage financing for the Quaranta Home Ownership & Housing Services Center. The center is owned and operated by Opportunities for Chenango, Inc. (OFC), a non-profit agency chartered as the Community Action Agency for Chenango County, New York.

May 15, 2019

HSBC Bank USA Funds the Relocation of a Community Library in Ellington, New York

Using Rural Development Advance (RDA) funding, member lender HSBC Bank USA provided $83,000 in financing to help Farman Free Library relocate to Ellington, New York. Due to size and safety concerns, the library was relocated to a building formerly known as “Lock, Stock and Barrell” at 190 North Park Street in Ellington.

May 15, 2019

HSBC Bank USA Refinances Discount Food Retailer, LeRoy, New York

Using a $192,000, 3-year amortizing FHLBNY Rural Development Advance (RDA), member lender HSBC Bank USA provided financing to LeRoy Discount Foods, Inc., the operating entity for Save-A-Lot. Save-A-Lot is one of the nation's leading extreme-value, limited-assortment grocery chains, delivering savings up to 40% below conventional retail prices.

May 15, 2019

Sun National Bank Finances the Reopening of Congress Hall Hotel

The FHLBNY Rural Development Advance (RDA) provides funding for economic and community development projects located in areas with a population of less than 25,000. Restorative efforts funded through RDA programs can often create new jobs, adding economic vibrancy to a community.

May 15, 2019

Tioga State Bank Promotes Business Expansion in Binghamton, New York

Tioga State Bank made a commitment to support a family-owned business and the job market for a local community by making use of the FHLBNY’s Urban Development Advance (UDA). Located in Binghamton, NY, Bates, Troy, Inc. provides healthcare linen, dry cleaning, and fire and water clothing restoration services for healthcare facilities.

May 15, 2019

HSBC Bank, USA Help Fund Central Park Cafe and Housing Units in Rochester, New York

Central Park Cafe and Housing Units in Rochester New York is a project sponsored by NENA Community Land Corporation, a non-profit organization, in partnership with the HSBC Bank, USA, one of the FHLBNY's member lenders. To fund this project, HSBC Bank USA utilized a $75,000 amortizing FHLBNY Urban Development Advance (UDA), with a maturity of 15 years.

May 15, 2019

M&T Bank Helps Retain Jobs in Rochester, New York

In utilizing a $280,000 FHLBNY Urban Development Advance (UDA), M&T Bank financed the acquisition of a specialty store located in Rochester, New York. Cook’s World, a gourmet kitchen store, provides everything necessary for the home chef, including cookware, cutlery, bake ware, kitchen appliances, gadgets, Dutch ovens, pressure cookers, and giftware.

May 15, 2019

M&T Bank Provides Renovation Funding to Support Community Art Organization, Rochester, New York

Manufacturers and Traders Trust Company (M&T Bank) used a $110,000 FHLBNY Urban Development Advance (UDA) to help complete renovations of a facility being leased to a not-for-profit organization known as Dazzle School of Visual and Performing Arts.

May 15, 2019

HSBC Bank USA Helps Guildcraft, Inc., Purchase Facility in Tonawanda, New York

Member lender HSBC Bank USA took advantage of FHLBNY Urban Development Advance (UDA) funding to provide a $170,000 mortgage loan to Guildcraft, Inc. for the purchase of their previously leased 6,000-square-foot facility. Guildcraft, Inc. serves their community as a distributor, wholesaler, and retailer of art and craft supplies.

May 15, 2019

Carver Federal Savings Bank Supports Renovation of Two Mixed-Use Buildings in Harlem, New York

For over 50 years, Carver Federal Savings Bank has worked intimately with the people of Harlem to achieve their personal and financial goals. Recently, Carver used a $1,200,000 FHLBNY Urban Development Advance (UDA) to help finance the renovation of two five-story, walk-up, mixed–use buildings.

May 15, 2019

Provident Bank Commits $25 Million in UDA Funds to Promote Small Business Growth

Member lender Provident Bank has partnered with The Progress Development Corporation, a local non-profit organization, to develop the new Family Business Loan Program. Under the program, small and family-owned businesses will have access to low-interest loans to open their doors in the central business districts of Newburgh, Port Jervis, and Middletown.

May 15, 2019

First Niagara Bank Aids in the Redevelopment of Buffalo’s Lakeside Industrial Park

The Buffalo Lakeside Industrial Park has come a long way from its once abandoned state, formerly referred to as the Union Ship Industrial Park. The project is part of Governor Pataki's "ReBuild Now-NY" program, designed to return brownfield sites to viable, shovel-ready property to attract business and improve local economies.

May 15, 2019

HSBC Bank USA Finances Two Small Businesses in Rural New York

Member lender HSBC Bank USA used the FHLBNY's Rural Development Advance (RDA) to provide financing to two small businesses: Parise's Auto & Towing, Inc., in Batavia, New York and C.W. Cold Storage in Holley, New York. The RDA for Parise's Auto and Towing was used to refinance a term loan held by HSBC Bank USA to help pay off debt owed for equipment and additional property purchases.

May 15, 2019

Flushing Bank & NHHA renovate Pond View Homes, a public housing project on Long Island

On June 12, FHLBNY employees were honored to join in celebrating the successful rehabilitation of Pond View Homes, a 52-unit public housing project on Long Island. The project had previously received a $780,000 Affordable Housing Program (AHP) grant in 2014

Jul 05, 2019

AHP Funds Preserve High Quality Public Housing for Families and Seniors in New Jersey

FHLBNY’s district includes the two largest public housing authorities in the country – in New York City and Puerto Rico – but even the district’s smaller public housing authorities face complex challenges. Some of these local entities have turned to the U.S.

Oct 01, 2019

FHLBNY Supports Habitat for Humanity of Puerto Rico

The 2018 AHP round for the first time included scoring categories for small projects (those with 25 or fewer units) and owner-occupied projects. There was compelling evidence that these projects were previously less likely to be competitive in the scoring phase of the application process.

Oct 01, 2019

AHP Award Preserves 64 Units of Affordable Housing in Camden, NJ

Cooper Plaza Townhomes Preservation, which received a $970,000 commitment in the 2018 AHP round, will preserve 64 units of affordable housing in Camden, NJ. The project consists of 32 Victorian-style townhome buildings in the Cooper Lanning neighborhood. Cooper Plaza was submitted by Better Tomorrows in the previous AHP round and did not receive a commitment.

Oct 01, 2019

St. Augustine Apartments Provides Housing That Supports Special Needs

FHLBNY staff recently joined the ribbon-cutting celebration for the St. Augustine Apartments, which will provide 111 new units of affordable housing for families and individuals with special needs in the Morrisania neighborhood in the Bronx. The project, a partnership between the Association of New York Catholic Homes and HSBC Bank USA, received a $650,000 AHP award in the 2017 round.

Oct 01, 2019

Homeowner Exhibit Cover Pages

AHP/APP-103

May 14, 2019

AHP General Fund Annual Long-Term Compliance Monitoring Rental Project Certification Form

AHP-106

May 15, 2019

Final Cost Certification for Owner-Occupied Rehabilitation Projects

AHP-133

May 15, 2019

AHP Project Modification Request Form

AHP-146

May 15, 2019

AHP Sponsor Letter of Commitment Template

AHP-Sponsor-LOI

May 15, 2019

AHP Third-Party Service Provider Letter of Commitment Template

AHP-TPSP-LOI

May 15, 2019

Application Manual for Owner-Occupied Projects

AHP/APP-102

May 15, 2019

Application Manual for Rental Projects

AHP/APP-106

May 15, 2019

Rental Exhibit Cover Pages

AHP/APP-107

May 15, 2019

AHP Rental Instruction Manual (for the AHP/APP-108)

AHPAPP-107-Manual

May 15, 2019

Application Form Technical Instructions Guide

AHP/APP-110

May 15, 2019

Amendment to the Correspondent Services Agreement for UMBS Exchange Transactions for the Enterprises

Amendment_UMBS

May 15, 2019

CIP Eligibility Guidelines

CIP/APP-002

May 15, 2019

CIP Application Form

CIP/APP-001

May 15, 2019

Private Placement Checklist

COL-104

May 15, 2019

Request for Mortgage Collateral Withdrawal

COL-109

May 15, 2019

1-4 Family Loan Required Documents Checklist (Puerto Rico Properties)

COL-111

May 15, 2019

Request Form for Approval of Individual Income-Producing Large Loans

COL-128-IP

May 15, 2019

Request Form for Approval of Individual Residential Loans of $25 Million or Greater

COL-128-RESI

May 15, 2019

Collateral Assurance Letter

COL-143

May 15, 2019

Submission Form to Request Approval for Participation/Syndication Loan

COL-144

May 15, 2019

Submission Worksheet to List Multiple Participation/Syndication Loans

COL-144a

May 16, 2019

Vault/Secure File Room Questionnaire

COL-153

May 16, 2019

Package for applicants who intend to pledge mortgage loans as collateral.

Package

May 16, 2019

FHA Retention Documents FHC

FHC-117FHA

May 16, 2019

Documentos de la Retencion

FHC-117s

May 16, 2019

Photograph Waiver and Release Form

HCL-001

May 16, 2019

Summary of Forms and Agreements for Housing Associates

HLB-100N

May 16, 2019

ACPSA for Nonmembers

HLB-101N

May 16, 2019

Global Authorization Form Waiver – Complete only if your Corporate/Assistant Corporate Secretary is authorized to conduct transactions with the FHLBNY.

HLB-107

May 16, 2019

Guaranty Agreement¹

HLB-120

May 16, 2019

Special Amendment to the ACPSA¹

HLB-121

May 16, 2019

Member-Guarantor Representations and Warranties

HLB-122

May 16, 2019

Non-Member Correspondent Services Agreement<sup>1<sup>

HLB-123

May 16, 2019

Wire Instructions

HLB-203

May 16, 2019

Third Party Wire Instructions

HLB-204

May 16, 2019

Moody’s Credit Opinion: Federal Home Loan Bank June 2015

Moodys-FHLBNY-June-2015

May 16, 2019

NYS Subprime Home Loan Test

MPF-200

May 16, 2019

Application for Participating Financial Institutions

MPF/APP-101

May 16, 2019

RDA & UDA Application Form

RDA-UDA/APP-001

May 16, 2019

RDA & UDA Eligibility Guidelines

RDA-UDA/APP-002

May 16, 2019

Delivery Instructions and Deadlines for Securities

SFK-001

May 16, 2019

Safekeeping & Securities Services – Federal Reserve Pledge Form

SFK-004

May 16, 2019

Standard & Poor’s credit rating: FHLBNY June 2015

SP-FHLBNY-June-2015

May 16, 2019

FHLBNY Collateral Pledge Forms

Link

Jun 21, 2019

More Information on Preliminary Worksheets

Link

Jun 23, 2019

View optional forms and agreements

Link

Jun 23, 2019

View individual Collateral System Enrollment forms

Link

Jun 23, 2019

Non-Member Correspondent Services Agreement

HLB-123

Jul 28, 2019

Disaster Relief Funding Guidelines 2020

DRF Guidelines

Aug 26, 2019

Disaster Relief Funding Application

DRF/APP-001

Apr 30, 2020

U.S. Small Business Administration Paycheck Protection Program

SBA PPP

May 06, 2020

New York City Department of Finance Form

SFK-008

Sep 23, 2020

AHP General Fund IMR Certification Form

AHP-154

Dec 23, 2020

MSD Weekly Market Update: Week of August 10, 2020

With the magnitude of the COVID-19 contraction on economic activity now on paper, and the Federal Open Market Committee not slated to meet until mid-September, the attentions of market participants....

Aug 10, 2020

MSD Weekly Market Update: Week of August 17, 2020

The release of minutes from the late-July Federal Open Market Committee (FOMC) meeting likely will be the key event of the week. In particular, market participants will look for clues to potential changes in the forward guidance to be provided in future...

Aug 17, 2020

MSD Weekly Market Update: Week of August 24, 2020

Having digested the Minutes of the FOMC’s July 28-29 meeting and no gathering scheduled until mid-September, market participants will likely focus on efforts in Washington to cobble together yet another pandemic economic relief package...

Aug 24, 2020

MSD Weekly Market Update: Week of August 31, 2020

Eager for clues to the magnitude of the summer-quarter rebound in business activity, the attention of market participants will return to the economic release calendar this week. As usual, the Bureau of Labor Statistics’ (BLS) update on the employment...

Aug 31, 2020

MSD Weekly Market Update: Week of September 7, 2020

Returning from their Labor Day celebrations, market participants should enjoy a fairly quiet week. Observing the traditional blackout period before FOMC meetings (next meeting Sept. 16), Federal Reserve officials will not be making any appearances in public...

Sep 07, 2020

MSD Weekly Market Update: Week of September 21, 2020

Federal Reserve officials will make over a dozen public appearances this week. A pair of testimonies by Fed Chair Powell with Secretary Mnuchin before the House Finance and Senate Banking Committees likely will...

Sep 21, 2020

MSD Weekly Market Update: Week of September 28, 2020

Ripping another page from the calendar, market participants will turn their attentions to initial readings on economic activity in September. Two reports likely will receive the most attention...

Sep 28, 2020

MSD Weekly Market Update: Week of October 13, 2020

Financial-market sentiment probably will wax and wane along with prospects for the Democrats and Republicans agreeing on yet another fiscal support package. House Speaker Pelosi has stated...

Oct 13, 2020

MSD Weekly Market Update: Week of October 19, 2020

Although progress appears unlikely until after the upcoming elections, the focus of market participants probably will remain on prospects for a fifth fiscal support package. On the data front, reports on housing starts and existing home sales will allow economists to solidify their forecasts for Q3...

Oct 19, 2020

MSD Weekly Market Update: Week of October 26, 2020

With Federal Reserve officials observing the traditional blackout period ahead of the November 4-5 FOMC meeting, the focus of market participants will fall squarely on economic reports this week. Head and shoulders above the rest, the Bureau of Economic Analysis’ (BEA) advance estimate of real GDP growth during the summer will undoubtedly receive the most attention...

Oct 26, 2020

MSD Weekly Market Update: Week of November 16, 2020

With COVID-19 infections rising nationwide, market participants will keep one eye on the latest virus figures and the other on economic data. Upcoming reports on retail sales, industrial production, and new home building activity will allow economists to update their tracking estimates of current-quarter real GDP growth which are currently centered on an annualized rise of 4.0%. Federal Reserve officials will...

Nov 16, 2020

MSD Weekly Market Update: Week of November 23, 2020

Market participants will face a crowded economic release calendar ahead of the Thanksgiving holiday. Home prices and durable goods bookings probably remained on uptrends in their respective reporting periods. Consumer confidence likely rebounded, while solid demand for dwellings propelled new home purchases to their highest level in 14 years. Data now in hand hint that Q3 real GDP growth may be headed for an upgrade...

Nov 23, 2020

MSD Weekly Market Update: Week of December 14, 2020

The final FOMC meeting of 2020 will be the marquee event of the week. The Committee is universally expected to reiterate that it expects to maintain an accommodative stance on monetary policy, with a federal funds rate target range of 0 to .25%, until it achieves maximum employment and inflation at a rate of 2% over the longer run. In a change from the communiqué issued after the November gathering...

Dec 14, 2020

MSD Weekly Market Update: Week of January 11, 2021

Market participants generally looked beyond last week’s politically-motivated disturbance in Washington, D.C. to prospects for increased fiscal stimulus under a Democrat-controlled Congress. This week will offer traders and investors a smorgasbord of updates on economic activity in the final month of 2020, as well as a crowded slate of Federal Reserve officials discussing a variety of topics...

Jan 11, 2021

MSD Weekly Market Update: Week of January 19, 2021

Market participants will undoubtedly have one eye on political developments and the other on the economic release calendar in the upcoming Martin Luther King Day-shortened week. The economic news is expected to be positive on balance. Home-builder sentiment likely clocked in near a record high this month...

Jan 19, 2021

MSD Weekly Market Update: Week of January 25, 2021

The first FOMC meeting of 2021 will be the key event this week. The FOMC is universally expected to reiterate that it expects to maintain an accommodative stance of monetary policy, with a federal funds rate target range of 0 to .25%, until it achieves maximum employment and inflation at a rate of 2% over the longer run. Moreover, the communiqué issued after the upcoming gathering likely will repeat that the Federal Reserve will continue to...

Jan 25, 2021

MSD Weekly Market Update: Week of February 16, 2021

The attentions of market participants will undoubtedly be focused on efforts to get the American Rescue Plan – the Biden administration’s $1.9trn fiscal stimulus package – through Congress in the upcoming holiday shortened week. The economic release calendar will be crowded, due to the Presidents’ Day holiday.

Feb 16, 2021

MSD Weekly Market Update: Week of February 22, 2021

The market will contend with a crowded calendar over the final week of February. Year-end readings on home prices and new-dwelling purchases in January are expected to add to the list of positive housing statistics. Consumer sentiment probably improved this month...

Feb 22, 2021

LIBORs Transition to SOFR Article

LIBORs Transition to SOFR Article

Mar 10, 2020

MPF® High-Balance Mortgage Loans Reference Guide

Mar 18, 2020

Letters of Credit & MULOC Overview – Spanish translation

Mar 18, 2020

FHLBNY Capital Stock

Mar 18, 2020

Disaster Relief Funding Guidelines

Disaster Relief Funding Guidelines

Apr 30, 2020

LIBOR’s Transition to SOFR Article

LIBOR’s Transition to SOFR Article (09/2019)

Mar 10, 2020

FHLBNY Capital Plan 2020

Mar 18, 2020

2019 Stress Test Disclosure

Mar 18, 2020

Vendor Complaint Process

Mar 18, 2020

1Link® RSA Security Device Setup

Mar 18, 2020

Sample of FHLBNY Letter of Credit

Mar 18, 2020

New York Legislation Pertaining to the Collection of Deposits

Mar 18, 2020

New Jersey Legislation Pertaining to the Collection of Deposits

Mar 18, 2020

Puerto Rico Legislation Pertaining to Public Fund Deposits (English)

Mar 18, 2020

United States Virgin Islands Legislation Pertaining to Public Fund Deposits

Mar 18, 2020

Puerto Rico Legislation Pertaining to Public Fund Deposits (Spanish)

Mar 18, 2020

Letter to the FHFA

Mar 18, 2020

August 22 Report

Mar 18, 2020

FHLBNY Advantage October 2015

Mar 18, 2020

FHLBNY Advantage July 2015

Mar 18, 2020

FHLBNY Advantage June 2015

Mar 18, 2020

FHLBNY Advantage March 2015

Mar 18, 2020

FHLBNY Advantage February 2015

Mar 19, 2020

Member Advantage First Quarter 2016

Mar 19, 2020

Member Advantage Second Quarter 2016

Mar 19, 2020

Member Advantage Third Quarter 2016

Mar 19, 2020

Member Advantage Fourth Quarter 2016

Mar 19, 2020

Member Advantage First Quarter 2017

Mar 19, 2020

Member Advantage Second Quarter 2017

Mar 19, 2020

Member Advantage Third Quarter 2017

Mar 19, 2020

2019 FHLBNY Members Selected for Community Support Review

Mar 19, 2020

Member Advantage Fourth Quarter 2017

Mar 19, 2020

FHLBNY Members Selected for Community Support Review

Mar 19, 2020

Member Advantage First Quarter 2018

Mar 19, 2020

FHLBNY Education Program

Mar 19, 2020

Member Advantage Second Quarter 2018

Mar 19, 2020

Member Advantage Third Quarter 2018

Mar 19, 2020

Member Advantage First Quarter 2019

Mar 19, 2020

Member Advantage Second Quarter 2019

Mar 19, 2020

Member Advantage Third Quarter 2019

Mar 19, 2020

Member Advantage Fourth Quarter 2019

Mar 19, 2020

Economic Perspectives May 2018

Mar 19, 2020

Economic Perspectives June 2018

Mar 19, 2020

Economic Perspectives July 2018

Mar 19, 2020

Economic Perspectives August 2018

Mar 19, 2020

Economic Perspectives October 2018

Mar 19, 2020

Economic Perspectives November 2018

Mar 19, 2020

Economic Perspectives February 2019

Mar 19, 2020

Economic Perspectives March 2019

Mar 19, 2020

Economic Perspectives May 2019

Mar 19, 2020

Economic Perspectives July 2019

Mar 19, 2020

Economic Perspectives September 2019

Mar 19, 2020

Economic Perspectives December 2019

Mar 19, 2020

2018 AHP Proposed Amendments

Mar 19, 2020

2017 Diversity & Inclusion Status Report

Mar 19, 2020

AHAC Annual Report – 2017

2017 AHAC Annual Report

Mar 19, 2020

Regulations Regarding Responsibilities of Boards of Directors, Corporate Practices and Corporate Governance Matters

Regulations Regarding Responsibilities of Boards of Directors, Corporate Practices and Corporate Governance Matters

Mar 24, 2020

Restated Organization Certificate

Restated Organization Certificate

Mar 24, 2020

FHFA Prudential Management & Operations Standards

FHFA Prudential Management & Operations Standards

Jun 10, 2020

2020 Diverse Dealer List Base

Oct 19, 2020

Targeted Community Lending Plan 2021

2021 Targeted Community Lending Plan

Dec 15, 2020

2020 Board Committee Roster

Dec 18, 2020

2021 Community Investment Programs Webinar

2021 Community Investment Programs Webinar

Jan 20, 2021

FHLBNY Capital Plan 2021

Feb 09, 2021

Turning the Page Webinar (2/11/21)

Feb 11, 2021

Our Year of the Pandemic (2/25/21)

Feb 17, 2021

2021 FHLBNY Members Selected for Community Support Review

Feb 17, 2021

COVID-19 Small Business Recovery Grant Program Member Acknowledgement

COVID-19 SBRG Program Member Acknowledgement Form

May 04, 2020

Puerto Rico Federal Credit Union donates $100K to nonprofits

Puerto Rico Federal Credit Union (PRFCU), in conjunction with the Federal Home Loan Bank of New York (FHLBNY), granted $100,000 in financial assistance to a number of local nonprofits that were affected by the COVID-19 pandemic.

Oct 01, 2020

Ukrainian FCU Delivers Critical Aid to Churches & Organizations

As a credit union and a member-owned, financial cooperative, Ukrainian FCU is uniquely positioned to provide financial products and services that suit the communities in which it serves...

Oct 30, 2020

The Disability Opportunity Fund, Inc has been provided funds

The Disability Opportunity Fund, Inc. has been provided funds by the Federal Home Loan Bank of New York Small Business Recovery Grant Program to be distributed to local small businesses and non-profit organizations....

Nov 04, 2020

Finger Lakes FCU awarded $100K for the community

Finger Lakes FCU provided 32 grants, 30 for $3,000 to small businesses and 2 for $5,000 to non-profits. Grant recipients from Clifton Springs, Fairport, Geneva, Ovid, Phelps, Rochester and Waterloo

Sep 28, 2020

Magyar Bank was able to help with funds provided by the FHLBNY’s SBRG program.

Here are two more organizations that Magyar Bank was able to help with funds provided by the Federal Home Loan Bank of NY's Small Business Recovery Grant Program....

Sep 28, 2020

Magyar Bank distributed $100K to organizations that were impacted by the COVID-19 pandemic

Magyar Bank has been provided funds by the Federal Home Loan Bank of New York Small Business Recovery Grant Program to be distributed to local small businesses and non-profit organizations...

Sep 28, 2020

Dime Community Bank recently presented a $5,000 SBRG Program grant to Beautiful Amore Skincare

Dime Community Bank recently presented Beautiful Amore Skincare a $5,000 small business recovery grant. Beautiful Amore Skincare, located in Gowanus, Brooklyn....

Sep 28, 2020

Balance Sheet Strategies with 2020 Hindsight (3/11/21)

Mar 10, 2021

Official AHP/HDP Regulations

Link

Jul 29, 2019

MSD Weekly Market Update: Week of March 15, 2021

The upcoming Federal Open Market Committee (FOMC) meeting will be the key event of the week. While acknowledging recent positive developments on the economic and healthcare fronts, the FOMC likely will reiterate that it expects to maintain an accommodative stance on monetary policy, with a federal funds rate target range of 0 to .25%, until it achieves maximum employment...

Mar 15, 2021

2021 AHP General Fund Virtual Training Webinar Presentation

2021 AHP General Fund Virtual Training Seminar Presentation

Mar 16, 2021

2021 HDP Virtual Training Webinar Presentation

Mar 16, 2021

Custody and Pledging Services – Third Party Pledge Form

SFK-006

May 16, 2019

Custody and Pledging Services – Purchase(s)/Receive(s) Form

SFK-002

May 16, 2019

Custody and Pledging Services – Sale(s)/Delivery(ies) Form

SFK-003

May 16, 2019

MSD Weekly Market Update: Week of March 22, 2021

With the March FOMC meeting and attendant pre-gathering blackout period in the rear-view mirror, Fed officials will make almost two dozen public appearances to discuss a variety of timely topics this coming week. Joint appearances by Fed Chair Powell and Treasury Secretary Yellen before the House Financial Services Committee and Senate Banking Committee will be followed closely by market participants. On the economic data front, existing and new homes sales probably moved lower in February...

Mar 22, 2021

Custody and Pledging Services – NJ Department of Banking and Insurance GUDPA Form

SFK-005

May 16, 2019

The Next M&A Wave is Here (3/25/21)

FHLBNY Webinar - The Next M&A Wave is Here

Mar 24, 2021

MSD Weekly Market Update: Week of March 29, 2021

Market participants will contend with an active data calendar in the days ahead. Except for a weather-related pullback in pending home sales, the latest soundings are expected to be positive. Home prices probably moved higher at the beginning of 2021. Consumer sentiment likely improved in March, while motor vehicle purchases rebounded sharply...

Mar 29, 2021

FHLBNY Announces Fourth Quarter and Full-Year 2019 Operating Highlights

New York, New York — The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter and year ended December 31, 2019. The FHLBNY’s net income for 2019 was $472.6 million, a decrease of $87.9 million, or 15.7 percent, from net income of $560.5 million for 2018, primarily due to lower asset balances, less favorable funding conditions, lower spreads on advances due to the FHLBNY’s decision to reduce advances prices in 2019, and higher operating expenses driven by investments to enhance the FHLBNY’s technology capabilities....

Feb 19, 2020

$1 Billion in Disaster Relief Funding Available to FHLBNY Members

New York, NY – In response to the severe and extensive damage caused by a series of earthquakes that continue to impact Puerto Rico, the Federal Home Loan Bank of New York (“FHLBNY”) has provided $500,000 in donations to organizations leading relief efforts in the Commonwealth. In addition to the charitable contributions, the FHLBNY has $1 billion in disaster relief funding available to its members to help rebuild communities in FEMA-designated disaster areas in Puerto Rico.

Mar 06, 2020

FHLBNY Announces First Quarter 2020 Operating Highlights

The Federal Home Loan Bank of New York (FHLBNY) today released its unaudited financial highlights for the quarter ended March 31, 2020. “Despite the challenging and volatile market environment we experienced in the first quarter of 2020, especially as the COVID-19 pandemic began to spread across our nation in March, the Federal Home Loan Bank of New York remains a reliable partner for our members and the communities we all serve,” said José R. González, president and CEO of the FHLBNY. “Most importantly, we continue to prove our purpose, as reflected in the 35 percent increase in advances during the period, reaching a record level of advances as members increasingly looked to us as a reliable source of liquidity amid a turbulent operating environment...

Apr 28, 2020

FHLBNY CICA Disaster Relief Funding: Eligibility Expansion

Due to the significant impact of COVID-19 on our communities, the Federal Home Loan Bank of New York (FHLBNY) is pleased to announce the expansion of eligible entities under the Community Investment Cash Advance (CICA) - Disaster Relief Funding (DRF) program...

Jul 30, 2020

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

The Federal Home Loan Bank of New York (FHLBNY) is amending its Capital Plan (Plan), which defines the rights of stockholders of the FHLBNY. The amended Plan will go into effect on October 2 2020...

Sep 02, 2020

MSD Weekly Market Update: Week of April 5, 2021

Last week’s economic soundings for March topped consensus expectations by considerable margins. That trend is likely to continue over the course of this month, especially with reports on retail sales, industrial production, and new residential building activity. The upcoming slate of indicators will be light, however. Echoing the upbeat manufacturing measure, the Institute for Supply Management’s (ISM) index of service-producing activity may have risen to an all-time high in March. Online job postings suggest that available positions probably crossed the 7mn mark in February.

Apr 05, 2021

SBRG Success Stories for Small Businesses and Non-profit Organizations

“Small businesses and non-profit organizations are the fabric of the communities our cooperative serves,” said José R. González, President and CEO of the Federal Home Loan Bank of New York. “The Federal Home Loan Bank of New York is proud to join with South Jersey Federal Credit Union to offer the Small Business Recovery Grant Program to support these institutions as they respond to and recover from the COVID-19 pandemic.

Sep 16, 2020

Nova UA FCU Thanks FHLBNY and Disaster Recovery Team

Nova UA FCU Thanks FHLBNY and Disaster Recovery Team for approving grant request.

Sep 17, 2020

SBRG Program allows Unilever Federal Credit Union to play an active and responsive role in their communities.

The Small Business Recovery Grant (SBRG) Program has allowed members such as, the Unilever Federal Credit Union to play an active and responsive role in their communities through the COVID-19 crisis. As shown in the video below, Che Paul Salon and Sedona Taphouse, in Cliffside, New Jersey were each granted $10,000 by the Unilever Federal Credit Union, helping these two neighborhood staples remain open and keep staff employed during this unprecedented time. Through the SBRG Program, Unilever Federal Credit Union and other members have been able to show their support to the small businesses and organizations that make up the fabric of their communities.

Sep 17, 2020

FHLBNY Celebrates the Groundbreaking of Truman Square Phase I

The FHLBNY celebrated the groundbreaking of Truman Square, Phase I, a rental housing project that will create 85 affordable housing units in Edison, New Jersey, for low-income families, veterans and formerly homeless individuals. The project is intended to help the township meet its state requirements for affordable housing, an issue highlighted in the FHLBNY’s 2019 Community Lending Plan.

Oct 01, 2019

292 Units of Affordable Housing in CAMBA Gardens Phase II

In the 2014 AHP round, the FHLBNY funded the second phase of the CAMBA Gardens project in Brooklyn, and Bank staff spoke at and attended the ribbon-cutting ceremony in 2018. Phase II involved the demolition of a former psychiatric hospital building, creating 292 units of sustainable, supportive and affordable housing for formerly homeless and low-income families and individuals.

Oct 01, 2019

Montgomery Gardens Revitalized by AHP Grant

FHLBNY employees joined the ribbon-cutting ceremony for the Mill Creek Gardens project, made possible thanks to the partnership between the Jersey City Housing Authority and Citibank. Mill Creek Gardens, which received a $1,575,000 award in the 2016 round, will offer 126 new, modern, affordable housing units to working families.

Oct 01, 2019

MSD Weekly Market Update: Week of October 5, 2020

Having weathered the Bureau of Labor Statistics’ (BLS) update on the employment situation in September, market participants will have a series of second-tier economic reports to contend with this week. Federal Reserve officials will make almost a dozen public appearances this week to discuss a variety of topics...

Oct 05, 2020

MSD Weekly Market Update: Week of November 2, 2020

The marquee event of the week will be the 2020 Election on Tuesday. While the latest polls have former Vice President Biden comfortably ahead of President Trump and hint at the Democrats taking control of the Senate, the memory of their misses four years earlier loom large. The Federal Open Market Committee will meet following Election Day...

Nov 02, 2020

MSD Weekly Market Update: Week of November 9, 2020

With Election Day and the Federal Open Market Committee behind them, market participants should enjoy a well-deserved rest this coming week. On the statistical menu will be a series of second-tier indicators that will have limited impact on appraisals of the economy. Federal Reserve officials will speak on a variety of topics, but only St. Louis Fed President Bullard is slated to discuss the economy and monetary policy...

Nov 09, 2020

MSD Weekly Market Update: Week of December 7, 2020

Having weathered the Bureau of Labor Statistics’ (BLS) update on the employment situation in November, market participants will contend with a series of comparatively minor economic releases this week. The key report likely will be the update on consumer prices last month. Federal Reserve officials will observe a blackout period on public monetary policy discussions ahead of the December 15-16 FOMC meeting....

Dec 07, 2020

MSD Weekly Market Update: Week of February 1, 2021

Flipping the first page from the 2021 calendar, market participants will contend with the usual suspects on the economic data-front in the week ahead. Job-count figures are expected to bounce back after December declines, while the civilian unemployment rate moved lower. Manufacturing probably expanded at an accelerated pace in January, while service-producing business activity slowed. New motor vehicle purchases held steady last month but remained well below the 16.8mn tally posted at the beginning of 2020. With the January FOMC meeting now in the rear-view mirror, monetary policymakers will conduct over a half-dozen public appearances this week on a variety of topics.

Feb 01, 2021

MSD Weekly Market Update: Week of February 8, 2021

With only a pair of Federal Reserve speaking engagements and less than a half-dozen generally second-tier economic indicators on this week’s calendar, the attentions of market participants likely will be drawn to the Biden Administration’s ongoing efforts to get the American Rescue Plan through Congress and the impeachment trial of former President Trump...

Feb 08, 2021

MSD Weekly Market Update: Week of March 1, 2021

The first week of March will be bracketed by the usual reports: the Institute for Supply Management’s survey of factory activity and the Bureau of Labor Statistics’ update on the employment situation in February. Both reports are expected to show significant improvements from soundings taken in January. Motor vehicle sales probably dipped last month but remained above 16mn annualized for a third straight month...

Mar 01, 2021

MSD Weekly Market Update: Week of March 8, 2021

With no Federal Reserve officials scheduled to make a public appearance and only a handful of comparatively minor economic reports slated to hit the tape, the attentions of market participants likely will be focused on progress towards passing the American Rescue Plan – the Biden Administration’s $1.9trn fiscal relief package...

Mar 08, 2021

MSD Weekly Market Update: Week of August 3, 2020

As widely expected, the Federal Open Market Committee voted unanimously to maintain the current accommodative stance of monetary policy. Policymakers left the federal funds rate target range....

Aug 03, 2020

MSD Weekly Market Update: Week of April 12, 2021

Market participants will contend with an exceptionally crowded economic data and Fed speaker calendar this week. Key business activity metrics – retail sales, industrial production, and housing starts....

Apr 12, 2021

Troubleshoot Instruction Manual: Rental Project Workbook (AHP/APP-108)

Rental Project Workbook(AHP/APP-108)

Apr 12, 2021

Troubleshoot Instruction Manual: Owner-Occupied Project Workbook (AHP/APP-104)

Owner-Occupied Project Workbook (AHP/APP-104)

Apr 12, 2021

2015 Virgin Islands Community Survey

Virgin Islands Community Survey

Apr 08, 2021

2018 Diversity & Inclusion Annual Report

Apr 22, 2020

2019 Diversity & Inclusion Annual Report

Apr 16, 2021

MSD Weekly Market Update: Week of April 19, 2021

With only a handful of second-tier economic reports slated for release, market participants will enjoy a well-deserved rest this coming week. The total number of persons receiving some form of unemployment assistance probably moved lower in the latest period...

Apr 19, 2021

MSD Weekly Market Update: Week of April 26, 2021

The FOMC meeting will enjoy pride of place this week. Acknowledging recent positive developments on the economic and healthcare fronts, the FOMC is universally expected to reiterate that it expects to maintain an accommodative stance of monetary policy, with a federal funds rate target range of 0 to .25%, until it achieves maximum employment and inflation at a rate of 2% over the longer run...

Apr 26, 2021

2020 Diversity & Inclusion Annual Report

Diversity and Inclusion Annual Report

Mar 18, 2020

Value of Membership Fact Sheet

Mar 18, 2020

MSD Weekly Market Update: Week of May 03, 2021

Ripping another page from their calendars, market participants will contend with a hectic economic release calendar this week. The upcoming releases are expected to be universally upbeat, reinforcing expectations of an acceleration in real GDP growth during the current quarter from the winter’s 6.4% annualized pace...

May 03, 2021

MSD Weekly Market Update: Week of May 10, 2021

Having weathered the monthly employment report, market participants will face a hectic economic release calendar this week. Responding to growing vaccinations and easier social-contact restrictions, job openings probably climbed to an all-time high in March. Lower gasoline pump prices likely capped the rise in the CPI last month. Both retail sales and industrial production are expected to have moved higher in April. Buoyed by ongoing improvements in economic activity, both small business and consumer confidence likely improved on their previous readings...

May 10, 2021

MSD Weekly Market Update: Week of May 17, 2021

Housing data will dominate the economic release calendar this week. Despite a likely dip in groundbreakings in April, builders’ appraisals of conditions in their sector probably remained rosy in May. Constrained by a dearth of available dwellings on the market, existing home sales are expected to have declined below the 6mn mark last month. Consistent with upbeat real GDP projections for the remainder of 2021, the Index of Leading Economic Indicators is expected to have posted yet another solid gain. Closer to home, the expansion in New York State factory activity likely continued at a solid clip in May...

May 17, 2021

MSD Weekly Market Update: Week of May 24, 2021

Market participants will have to weather a fairly hectic economic release calendar ahead of the Memorial Day weekend. The latest soundings on housing are expected to be mixed in their latest respective reporting periods. Home selling prices probably remained on a tear at the close of the winter quarter. New home purchases likely retreated in April, while contract signings edged marginally higher. Buoyed by growing vaccinations and improving labor market conditions, consumer confidence probably climbed to a 15-month high. Without the support from massive federal support payments, personal income is expected to have fallen sharply in April, after a record March gain. Real consumer spending likely dipped last month, but remained well above its Q1 average, supporting calls for a marked pickup in current-quarter real GDP growth...

May 24, 2021

MSD Weekly Market Update: Week of June 1, 2021

Post the holiday weekend, market participants will contend with a busy economic data calendar. Construction spending probably climbed at the beginning of the spring quarter. Manufacturing and service-producing purchasing manager gauges are expected to have remained deep in expansionary territory in May. Motor vehicle purchases likely took a breather following April’s breakneck pace. Labor market conditions likely improved markedly in May. Federal Reserve officials will make several appearances in the first few days of June to discuss a variety of timely issues.

Jun 01, 2021

The Disability Fund, Inc. Shares Success Story Photos from Our SBRG program

Content will update later

May 07, 2021

MSD Weekly Market Update: Week of June 7, 2021

Market participants will enjoy a well-deserved rest this week. Except for the Bureau of Labor Statistics’ update on consumer prices in May, the light statistical calendar contains primarily second-tier releases. Small business confidence and consumer sentiment gauges probably....

Jun 07, 2021

MSD Weekly Market Update: Week of June 14, 2021

The Federal Open Market Committee (FOMC) meeting will headline a very hectic week. Acknowledging recent positive developments on the economic and healthcare fronts, the FOMC is expected to reiterate that it expects to maintain an accommodative stance on monetary policy, with a federal funds rate target range of 0 to .25%, until it achieves maximum employment and inflation at a rate of 2% over the longer run...

Jun 14, 2021

MSD Weekly Market Update: Week of June 21, 2021

Market participants will face a hectic economic release and Federal Reserve speech calendar this coming week. Largely reflecting ongoing supply constraints, closings on existing homes and contract...

Jun 21, 2021

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

Due to the successful adoption of 1LinkSK® Self Service by a majority of our Members, 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.

Mar 01, 2016

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

The Federal Home Loan Bank of New York (FHLBNY) is pleased to announce members now have the ability, at the time of the trade, to add symmetry to certain advances with maturities of one year or greater.

Apr 06, 2016

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

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

Apr 27, 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

The Federal Home Loan Bank of New York (FHLBNY) is pleased to announce a change to our collateral eligibility requirements for all member financial institutions.

Sep 22, 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

The Federal Home Loan Bank of New York is pleased to announce that the Putable Advance Modification Program has expanded: previously modified Putable Advances can now be re-modified into either a new Putable or a new Fixed-Rate Advance.

Sep 29, 2015

FHLBNY Bulletin No. 024: 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 1LinkSKsm by year-end.

May 31, 2016

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

Members have found it beneficial to set up and use Repetitive Wire Templates (“Templates”) to initiate outgoing telephonic wires that contain static “repetitive” information.

Dec 01, 2016

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

To better serve our membership and enhance our infrastructure, on Saturday, February 11, 2017, the web servers supporting 1Link and 1LinkSK will be upgraded.

Jan 11, 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

The Federal Housing Finance Agency (“FHFA”) has issued a final rule amending its community support regulation, 12 CFR Part 1290.

Feb 15, 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.

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

Apr 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 is available for the Affordable Housing Program 2017 Competitive Round.

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

May 11, 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.

The Federal Home Loan Bank of New York (FHLBNY) is pleased to announce that our New York office has moved to a brand new space on the sixth and seventh floors of the 101 Park Avenue location

May 22, 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.

Our members drive our franchise. In the pages of 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.

May 31, 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.

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

Jun 21, 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

On August 1, 2017, the Federal Home Loan Bank of New York (“FHLBNY”) will reduce its Membership Stock Purchase Requirement (“MSPR”), thereby reducing the capital its members hold as owners of the cooperative.

Aug 01, 2017

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.

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

Apr 05, 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.

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

Apr 20, 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.

The Federal Housing Finance Agency (FHFA) released a Notice of Proposed Rulemaking to amend the Affordable Housing Program (AHP) regulation.

May 07, 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.

At the Federal Home Loan Bank of New York, we are focused on fostering diversity and inclusion across our business.

Jul 27, 2018

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.

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

Jul 12, 2017

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

FHLBNY is committed to working with our members to facilitate a smooth transition from the First Home Clubsm to the new program. The modernized program features include:

Oct 09, 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.

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

Oct 10, 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.

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

Nov 19, 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.

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.

Nov 28, 2018

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

Effective June 3, 2019, Fannie Mae and Freddie Mac will begin to issue a new, common security (UMBS) and will replace the current offerings of Freddie Mac 45 day Gold securities.

Jan 04, 2019

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

The Federal Housing Finance Agency has issued a final rule amending its community support regulation, 12 CFR Part 1290.

Mar 26, 2019

Announcing the Callable Adjustable Rate Credit Advance Pilot Program

The FHLBNY is pleased to announce the pilot launch of the Callable Adjustable Rate Credit Advance (Callable ARC) as the newest addition to our suite of credit products.

Nov 06, 2019

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

Through this notice, the Federal Home Loan Bank of New York ("FHLBNY") hereby announces that, effective March 1, 2021, the FHLBNY will implement an activity-based capital stock purchase requirement of 0.125% on the outstanding principal balance of new and renewing Letters of Credit issued by the FHLBNY on a Member's behalf...

Feb 10, 2021

1Link® Migration: Phase I – Interim Access Portal

The Federal Home Loan Bank of New York (FHLBNY) is developing an all-new member portal to access 1Link®. The migration to this new portal will happen in phases, and phase I of this transition is set to roll out in early January 2020.

Dec 17, 2019

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 FHLBNY product and services matters (e.g. requirements for advance borrowings, eligible collateral types and service fee schedules).

May 15, 2020

FHFA Provides Guidance on PPP Loans

On April 23, 2020, the Federal Housing Finance Agency (FHFA) issued a Supervisory Letter to the Federal Home Loan Banks providing guidance on the acceptance of Paycheck Protection Program (“PPP”) loans as collateral, subject to certain parameters.

Apr 23, 2020

Enhancements to the Refundable MULOC Product

FHLBNY is pleased to announce that our Refundable Municipal Letters of Credit (REMLOCs) product has been enhanced with a new refund methodology; it is now based on the average balance of the underlying municipal deposit during the term of the Letter of Credit (LOC) instead of the peak or highest balance...

Jun 01, 2020

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

Notice of Federal Home Loan Bank Members Selected For Community Review effective March 1, 2021

Mar 01, 2021

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

We are pleased to announce that our Members are now able to take advantage of the FHLBNY’s Refundable Municipal Letter of Credit (REMLOC) program when collateralizing municipal deposits under the New Jersey Department of Banking and Insurance (NJ DOBI) GUDPA program...

Apr 14, 2021

FHLBNY Commences 2021 Board Of Directors Election Process

New York, NY – FHLBNY is now soliciting nominations for candidates to serve on its Board of Directors (Board) for terms commencing on January 1, 2022, the FHLBNY announced in an electronic communication sent to its members on June 28, 2021....

Jun 28, 2021

Larry E. Thompson Re-Elected Vice Chairman of the FHLBNY (2020)

New York, NY – The Federal Home Loan Bank of New York (FHLBNY) announced today that Larry E. Thompson has been re-elected by its Board of Directors (Board) to serve as the Board’s vice chairman for a two-year term commencing January 1, 2021. Mr. Thompson, who is the former vice-chairman of The Depository Trust & Clearing Corporation, has served on the Bank’s Board as an Independent Director since January 1, 2014...

Nov 20, 2020

Important Announcement Regarding the Upcoming FHLBNY Homepage Update

FHLBNY is pleased to announce that we will launch several enhancements to the homepage of our website on Monday, July 19, 2021, as part of our ongoing efforts to create...

Jul 14, 2021

FHLBNY CICA Disaster Relief Funding Update

Since May 2020, the FHLBNY has been proud to issue approximately $650 million of at-cost, discounted advances to members for economic recovery efforts to support communities, households...

Jul 02, 2021

MSD Weekly Market Update: Week of June 28, 2021

Market participants will have to contend with a crowded economic release calendar this week. Consensus projections call for a slate of almost universally upbeat readings. Solid demand amid limited supplies hint that home-selling prices quickened at the beginning of the spring quarter...

Jun 28, 2021

MSD Weekly Market Update: Week of July 12, 2021

Market participants will contend with a busy data calendar and an extensive slate of appearances by Fed officials this week. Supporting policymakers’ views that the recent pickup in inflation will prove temporary...

Jul 12, 2021

Members – Visit Our Offices

New York City Headquarters and New Jersey Office

May 03, 2019

Business Lines

Business Lines

Apr 09, 2019

MSD Weekly Market Update: Week of July 19, 2021

This week’s economic release calendar will be unusually light. Soundings on housing are universally expected to improve on their prior-period readings. Home-builder sentiment probably remained at a historically high level this month...

Jul 19, 2021

Callable Advance, Putable Advance, Putable Advance with Customized Strike, Adjustable Rate Advance with Cap and Fixed Rate Advance with Cap Customer Certification

HLB-126

May 16, 2019

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

The FHLBNY is pleased to announce an enhancement to our Callable Adjustable Rate Credit Advance (Callable ARC). The Callable ARC features a one-time call option to extinguish funding early through two distinct option structures....

Jul 28, 2021

MSD Weekly Market Update: Week of July 26, 2020

The Federal Open Market Committee (FOMC) meeting will be the marquee event of a busy week. The FOMC is expected to reiterate that it expects to maintain an accommodative policy stance, with a federal funds rate target range of 0 to .25%, until it achieves maximum employment and inflation at a rate of 2% over the longer run. The communiqué....

Jul 26, 2021

MSD Weekly Market Update: Week of August 2, 2021

Ripping another page from their calendars, market participants will contend with a crowded release calendar this week. Surveys of manufacturers and service-producing firms are expected to show that the business expansion....

Aug 02, 2021

MSD Weekly Market Update: Week of August 9, 2021

The July employment report was a blowout. Not only did hiring eclipse the median expectation, but also previously posted figures for both May and June were marked higher. With over 1mn persons finding work in the household survey, the unemployment rate dropped...

Aug 09, 2021

First Home Club^sm Recipient Spotlight

Darlyn Colon closed on her first single-family home on March 13, 2009. To help overcome the cost barrier, Ms. Colon received a $7,500 First Home Club^sm grant from the Federal Home Loan Bank of New York and The Summit Federal Credit Union

May 14, 2019

Family Realizes Their Home Ownership Dream With the Help of the First Home Club

Germantown, New York - Congressman John E. Sweeney (R NY-20), Alfred A. DelliBovi, president and CEO of the Home Loan Bank of New York, Clifford M. Miller, president and CEO of Ulster Savings Bank joined with Joshua and Claudia Brehse to celebrate the purchase of the Brehse's new home in Germantown.

May 14, 2019

MSD Weekly Market Update: Week of August 16, 2021

The economic data flow will accelerate considerably this week, with a variety of key inputs into economists’ current-quarter real GDP projections slated to be released. The already reported decline in unit motor vehicle sales points to a dip in retail sales in July. Industrial production and new residential construction activity...

Aug 16, 2021

Valley Teams Up with FHLBNY’s Small Business Recovery Grant Program

The mission of the FHLBNY is to advance housing opportunity and local community development by supporting member banks in serving their markets. To further their mission and support their members, FHLBNY offered a COVID-19 Small Business Recovery Grant Program (SBRG). This program supported the financial security and health of workers employed by organizations that have suffered a decrease in revenue as a result of the ongoing COVID-19 crisis...

Mar 09, 2021

MSD Weekly Market Update: Week of August 23, 2021

All eyes this week will be on the Federal Reserve Bank of Kansas City’s annual Economic Policy Symposium in Jackson Hole, Wyoming. This year’s theme will be Macroeconomic Policy in an Uneven Economy. Federal Reserve Chairman Powell will discuss the economic outlook via the Kansas City Fed’s YouTube channel on Friday, August 27th at 10:00 AM EDT...

Aug 23, 2021

Community Lending Program System Authorization Form

Aug 23, 2021

MSD Weekly Market Update: Week of August 30, 2021

With the annual Jackson Hole economic symposium in the rear-view mirror, the focus of market participants will return to the economic release calendar. The number of dwellings in contract likely moved modestly higher in July...

Aug 30, 2021

Small Business Recovery Grant Program – FAQs

A list of Frequently Asked Questions about the FHLBNY’s COVID-19 Small Business Recovery Grant (SBRG) Program. In many cases, the answers are shorthand clarifications...

May 04, 2020

COVID-19 Small Business Recovery Grant Program Application & Funding Request Form (DRP 104)

DRP-104

Aug 31, 2021

MSD Weekly Market Update: Week of September 6, 2021

Having weathered the normal data deluge at the beginning of the month, market participants will have to contend with a very light economic release calendar after the extended Labor Day weekend..

Sep 07, 2021

General Terms and Conditions of Use

Except as may be otherwise set forth herein, these General Terms and Conditions of Use (“Terms and Conditions”) govern your use of the Federal Home Loan Bank of New York’s (“FHLBNY”) public website.

May 06, 2019

MSD Weekly Market Update: Week of September 13, 2021

With Federal Reserve officials observing the traditional blackout period ahead of the September 21-22 FOMC meeting, the focus of market participants will be on the economic release calendar this week...

Sep 13, 2021

Housing Associates

Thank you for your interest in becoming a housing associate of the Federal Home Loan Bank of New York. To see if you qualify, answer the following questions and click on the sections or documents that are relevant to you.

Apr 19, 2019

2021 Board Committee Roster

Dec 18, 2020

FHLBNY Housing Associate Application

HLB/APP-002

May 16, 2019

MSD Weekly Market Update: Week of September 17, 2020

The FOMC meeting will be the most closely watched event of the week. Policymakers are universally expected to maintain the target range for the federal funds rate at 0 to .25%. The meeting will likely reiterate that the Fed will increase its holdings of Treasuries and agency residential and commercial mortgage-backed securities at least at the current pace over coming months, in order to sustain smooth market functioning.

Sep 14, 2020

MSD Weekly Market Update: Week of September 20, 2021

The Federal Open Market Committee (FOMC) is expected universally to leave the federal funds rate target range unaltered at 0 to .25% at this week’s meeting. Policymakers likely will acknowledge that economic activity has slowed somewhat in response to the Delta...

Sep 20, 2021

CLP – RSA Hard Token User Guide

Aug 27, 2021

CLP – Current RSA Hard or Soft Token User Guide

Aug 27, 2021

CLP – RSA Soft Token User Guide

Aug 27, 2021

FHLBNY awards $703K to San Juan affordable housing complex

FHLBNY awards $703K to San Juan affordable housing complex...

Dec 01, 2020

MSD Weekly Market Update: Week of September 27, 2021

With the latest FOMC meeting in the rear-view mirror, market participants will weather a storm of public appearances by policymakers this week...

Sep 27, 2021

Important Announcement for Community Lending Programs Users

We are pleased to announce that we will be launching an online System for our Community Lending Programs (CLP) on Monday, September 27, 2021. This launch is part of the continued effort to enhance and strengthen our online capabilities to better serve our members...

Aug 24, 2021

MSD Weekly Market Update: Week of October 4, 2021

As the calendar turns to October, Congress looms as the largest market participant. Will either of President Biden’s spending plans, namely the bipartisan infrastructure plan and the “Build Back Better” plan, reach full approval and in what size/form for the latter?...

Oct 04, 2021

FHLBNY Announces Second Quarter 2021 Operating Highlights

FHLBNY has the unique ability to expand or contract based on the needs of our members. In the second quarter of last year, we served as a reliable source of liquidity to meet the enhanced need for funding at the onset of the pandemic. In the year since, while funding needs have declined, we have remained a stable partner...

Jul 29, 2021

FHLBNY Announces Third Quarter 2020 Operating Highlights

The Federal Home Loan Bank of New York (FHLBNY) today released its unaudited financial highlights for the quarter ended September 30, 2020....

Oct 29, 2020

Symmetrical Prepayment Advance (SPA) Feature

Federal Home Loan Bank of New York (FHLBNY) members have the ability, at the time of the trade, to add symmetry to certain advances with maturities of one year or greater. The SPA feature allows members to receive compensation for favorable changes...

Sep 02, 2019

Despite Yield-Curve Inversions, Recession Appears A Long Way Off

Even before it became the longest expansion in U.S. history in July, the longevity of the current business cycle upturn prompted market participants and commentators to look for signs of its impending demise. With real business activity ambling along...

Sep 13, 2019

Now What? Navigating Fearlessly Through a Turbulent Environment

Bring Your ALM Strategies Out of Hibernation this Groundhog's Day! Presented by Frank L. Farone | Darling Consulting Group (DCG). Designed to address credit union-specific challenges and opportunities, and learn how to properly assess and manage today's risks...

Feb 16, 2016

FHLBNY Putable Advance Modification Program

In an effort to provide our members with additional solutions for today’s challenging economic environment, the FHLBNY is pleased to offer the opportunity to modify certain puttable advances into new fixed-rate advance structures...

Apr 20, 2020

Podcast Series — The Great Transition: LIBOR-SOFR, Episodes 1 and 2

The FHLBNY is pleased to present our new podcast series, “The Great Transition: LIBOR-SOFR.” In episode 1, we take a deep dive into the history behind the London Inter-bank Offered Rate (LIBOR) and what you can expect as the industry transitions to SOFR...

Feb 17, 2020

Podcast Series — The Great Transition: LIBOR-SOFR, Episodes 3 and 4

In episode 3, “Jumping on the SOFR Bandwagon,” we discuss the differences between LIBOR and SOFR-indexed instruments as well as how to leverage the potential benefits of SOFR for your institution...

Feb 27, 2020

Podcast Series — The Great Transition: LIBOR-SOFR, Episodes 5 and 6

In these final episodes of “The Great Transition: LIBOR-SOFR” podcast series, we focus on the various uses of LIBOR in the marketplace as well as what our regulators are doing to help facilitate the transition...

Mar 02, 2020

MSD Weekly Market Update: Week of October 11, 2021

Congress remains front and center over the market and they will continue to grapple with the size and scope of President Biden’s proposed spending plans in the near term. Though a temporary reprieve to the debt ceiling expiration...

Oct 12, 2021

MSD Weekly Market Update: Week of October 18, 2021

Housing-related reports will dominate the economic release calendar this week. Builders’ assessments of sales and prospective buyer traffic likely remained at historically lofty levels in early October. Residential construction barometers are expected to have retreated in...

Oct 18, 2021

MSD Weekly Market Update: Week of October 25, 2021

With Federal Reserve officials observing the traditional blackout period ahead of the November 2-3 FOMC meeting, fiscal policy developments and the economic release calendar will move to the forefront...

Oct 25, 2021

Affordable Housing Program General Fund Direct Subsidy Agreement

AHP-140

May 15, 2019

Fondo General del Programa de Vivienda Asequible Acuerdo de Subsidio Directo (Puerto Rico)

AHP-147

May 15, 2019

MSD Weekly Market Update: Week of November 01, 2021

The Federal Open Market Committee meeting and announcement on Wednesday, November 3 will be the marquee event of the week. While policymakers are universally expected to leave the federal funds rate target range unaltered at 0 to ¼%, predictions are...

Nov 01, 2021

FHLBank System Regulator Provides LIBOR Transition Guidance

The financial markets are preparing for the expected phase-out of the London Interbank Offered Rate (LIBOR) by the end of 2021. As part of this transition, the Federal Housing Finance Agency (FHFA) recently issued a supervisory letter to all Federal Home Loan Banks (FHLBanks).

Sep 27, 2019

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

The Federal Home Loan Bank of New York (FHLBNY) is pleased to announce the expansion of the Secured Overnight Financing Rate (SOFR)-Linked Adjustable Rate Credit (ARC) Advance Program. Members can transact floating-rate advances using the new SOFR index without overall program or per member limits.

Jun 04, 2019

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

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

Jan 24, 2019

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

The FHLBNY has updated its Member Products Guide and the Correspondent Services Manual (January 2020).

Dec 31, 2019

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

FHLBNY has updated its Member Products Guide and the Correspondent Services Manual. The Guide and the Manual detail the FHLBNY’s credit, collateral, and correspondent services standards and can assist you in finding helpful...

Dec 03, 2020

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

The Federal Home Loan Bank of New York ("FHLBNY") has updated its Member Products Guide ("Guide") and the Correspondent Services Manual (“Manual”). The Guide and the Manual detail the FHLBNY’s credit, collateral and correspondent services standards and can assist you in finding helpful information on FHLBNY product and services matters (e.g. requirements for advance borrowings, eligible collateral types and service fee schedules).

Feb 10, 2021

MSD Weekly Market Update: Week of November 8, 2021

With the FOMC’s tapering announcement and the October employment report in the rear-view mirror, the focus of market participants likely will turn to the potential impacts on growth of the Biden Administration...

Nov 08, 2021

MSD Weekly Market Update: Week of November 15, 2021

This week’s economic calendar will allow market participants to update their expectations for current-quarter real GDP growth. Hinting at an autumn revival in consumer spending, retail and food services sales likely posted another solid gain in October...

Nov 15, 2021

Collateral System Excel Format Template

COL-122

May 15, 2019

LIBOR’s Transition to SOFR

The LIBOR Transition is the biggest transformation in financial services today, affecting some $200 trillion of U.S. Dollar transactions. LIBOR is slated for cessation at the end of 2021. Increasingly, financial regulators in the US and UK are speaking out about LIBOR reform...

Sep 09, 2019

John R. Buran Re-Elected Chairman Of The FHLBNY (2021 Election)

New York, NY – The Federal Home Loan Bank of New York (FHLBNY) announced today that John R. Buran has been re-elected by its Board of Directors (Board) to serve as the Board’s chairman for a two-year term that will commence on January 1, 2022...

Nov 18, 2021

The Callable ARC Advance

The Callable Adjustable Rate Credit Advance (Callable ARC) offers two distinct option structures which gives members the flexibility to meet the demands of a fluctuating balance sheet.

Oct 28, 2019

Interest Rate Swaps: Consider All the Options in Managing Interest Rate Risk

Interest Rate Swaps can be an effective tool in managing asset/liability mismatches present in many of our member’s balance sheets. Mismatches occur when a member funds long-term assets using short-term liabilities, or vice versa. Interest Rate Swaps involve...

Nov 26, 2021

MSD Weekly Market Update: Week of November 22, 2021

With the House of Representatives passing the Build Back Better Act, the attentions of market participants will now turn to the $1.75-trillion spending package’s progress through the Senate, where Majority Leader Schumer hopes to pass the legislation....

Nov 22, 2021

Updates to the 2022 Fee Schedules

Effective January 3, 2022, the Federal Home Loan Bank of New York (FHLBNY) will implement the following fee changes to the 2022 Credit, Collateral and Correspondent Services...

Dec 03, 2021

Collateralize Municipal Deposits with Letters of Credit

FHLBNY Municipal Letter of Credit (MULOC) product allows qualified depository institution members to collateralize municipal deposits with a low-cost letter of credit secured by whole-loan...

Aug 17, 2021

MSD Weekly Market Update: Week of December 6, 2021

Market participants will face a comparatively thin economic data calendar this week. With the next Federal Open Market Committee (FOMC) meeting scheduled for December 14-15, the update on consumer prices in November will undoubtedly be the marquee release....

Dec 06, 2021

MSD Weekly Market Update: Week of December 13, 2021

The Federal Open Market Committee (FOMC) meeting will highlight the week. The FOMC is expected to leave the federal funds rate target range unaltered at 0 to ¼% but announce a faster pullback from the asset-purchase program that would presumably set the stage for increases in administered rates by the middle of 2022....

Dec 13, 2021

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

The Federal Home Loan Bank of New York (the “FHLBNY” or the “Bank”) is pleased to announce an advance prepayment Rebate Program

Dec 17, 2015

MSD Weekly Market Update: Week of December 20, 2021

Market participants will contend with a crowded economic release calendar ahead of Christmas. Buoyed by healthy labor market conditions, consumer sentiment probably improved heading into year-end....

Dec 20, 2021

Repayment Mortgage for Owner-Occupied Projects

AHP-111

May 15, 2019

Rider to Lender’s Security Agreement

AHP-117

May 15, 2019

Rider to Subordinate Mortgage

AHP-121

May 15, 2019

Affordable Housing Program Promissory Note for Owner-Occupied Dwellings

AHP-142

May 15, 2019

Affordable Housing Program Promissory Note for Rental Projects

AHP-143

May 15, 2019

Affordable Housing Program Subordinate Mortgage for Owner-Occupied Projects

AHP-144

May 15, 2019

Affordable Housing Program Subordinate Mortgage for Rental Projects

AHP-145

May 15, 2019

Affordable Housing Program (AHP) Recapture Request Form

AHP-153

Jan 08, 2020

AHP FHA Retention Documents

AHP-111FHA

Dec 23, 2020

Targeted Community Lending Plan 2022

2022 Targeted Community Lending Plan

Dec 24, 2021

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

The Federal Home Loan Bank of New York (“FHLBNY”) has updated its Member Products Guide (“Guide”) and the Correspondent Services Manual (“Manual”). The Guide and the Manual detail the FHLBNY’s credit, collateral and correspondent services standards and can assist you in finding helpful information on the FHLBNY's product and services matters...

Jan 03, 2022

Community – Success Stories

FHLBNY Community Programs Success Stories

Apr 22, 2019

MSD Weekly Market Update: Week of January 10, 2022

Having weathered the December employment report, market focus will turn to the Bureau of Labor Statistics’ end-of-year consumer price report. Lower energy costs probably capped the headline monthly gain, but year-over-year rates for the overall and core inflation gauges likely remained at their highest respective levels in over three decades. Preliminary retail sales figures for December and updated tallies...

Jan 10, 2022

MSD Weekly Market Update: Week of January 17, 2022

Housing statistics will be front and center over the course of this holiday-shortened week. Home-builder optimism probably remained near an all-time high at the beginning of the New Year. A variety of factors hint that there may be some positive surprises in the Census Bureau’s update on new residential construction in December....

Jan 18, 2022

Your Trusted Partner Through All Operating Environments: A Fireside Chat with José R. González, President and CEO

In case you were unable to view the live webinar on December 9, 2021—Your Trusted Partner Through All Operating Environments: A Fireside Chat with José R. González, President and CEO, Presented by FHLBNY...

Dec 09, 2021

FHLBNY Awards $34.3 Million For 46 Affordable Housing Initiatives

New York, NY -- José R. González, president and CEO of FHLBNY, announced that the FHLBNY has awarded $34.3 million in subsidies to fund 46 affordable housing initiatives throughout New Jersey, New York, Arizona, California, Maryland and Pennsylvania....

Dec 20, 2021

MSD Weekly Market Update: Week of January 24, 2022

The Federal Open Market Committee (FOMC) meeting will be the marquee event this week. Market participants almost universally expect policymakers to leave the federal funds rate target range unaltered at 0 to .25%. Yet, with inflation running well above 2% for some time and labor market conditions...

Jan 24, 2022

AHP Drawdown Review Certification For Green Building Innovation Projects

Jan 24, 2022

AHP Initial Monitoring Review Certification For Green Building Innovation Projects

Jan 24, 2022

MSD Weekly Market Update: Week of January 31, 2022

Having weathered the Federal Open Market Committee’s (FOMC) updates on prospective changes to monetary policy, the attentions of market participants will return to economic data. Manufacturing and service-producing activity likely expanded in January, albeit at a slower pace than in December. Despite ongoing inventory shortages, auto sales probably rebounded sharply last month. Productivity growth is expected to have resumed...

Jan 31, 2022

FHLBNY Webinar – Beyond the Recovery Phase of the Economic Expansion

Sep 08, 2021

FHLBNY Webinar – Creating a High Performing ALCO

Oct 06, 2021

FHLBNY Webinar – Making the Right Decisions at the Right Time

Oct 06, 2021

Crisis, Regulation & Technology: The Complicated Past, Present & Future of Financial Services

In this one-hour session, Professor Thomas P. Vartanian will discuss his new book, 200 Years of American Financial Panics: Crashes, Recessions, Depressions, And The Technology That Will Change It All, and synthesize the history and causes of...

Jun 10, 2021

FHLBNY Webinar – Digital Transformation Simplified

Sep 23, 2020

FHLBNY Webinar – Balance Sheet Strategies vs. Tactics Oct 15

Oct 15, 2020

FHLBNY Webinar – Rethinking Your Investment Strategy

Oct 26, 2020

FHLBNY Webinar – Starting the Year Right

Dec 01, 2020

FHLBNY Webinar – You Can’t Predict, But You Can Prepare

Apr 08, 2021

FHLBNY Webinar – Evolution of Payments

Apr 29, 2021

FHLBNY Webinar – ESG & Climate Risk

May 27, 2021

FHLBNY Webinar – COVID-19 Relief Program

May 7th COVID-19 Relief Program Webinar

May 07, 2020

FHLBNY Webinar – Great Reopening Webinar Deck

Great Reopening Webinar Deck

May 14, 2020

FHLBNY Webinar – ALM Webinar

ALM Webinar

May 21, 2020

FHLBNY Webinar – FHLBNY Collateral Practices

FHLBNY Collateral Practices

May 28, 2020

FHLBNY Webinar – PPP Loans Webcast

PPP Loan Webinar

Jun 04, 2020

FHLBNY Webinar – Light at the End of the Tunnel

FHLBNY Webinar Light at the End of the Tunnel

Jun 10, 2020

FHLBNY Webinar – Credit Policy and Review

Jun 16, 2020

FHLBNY Webinar – LIBOR to SOFR

LIBOR to SOFR Webinar

Jun 25, 2020

FHLBNY Webinar – Lending in the Midst of a Perfect Storm

Jul 08, 2020

FHLBNY Webinar – Managing Depositors & Deposit Flows

Jul 23, 2020

FHLBNY Webinar – How Strong a Rebound?

Aug 13, 2020

FHLBNY Webinar – LIBOR Transition: Fourth Quarter or Overtime?

Apr 22, 2021

FHLBNY Webinar – The Evolution of CDFIs

Apr 29, 2021

FHLBNY Webinar: What’s on Tap for Investments in 2022?

Feb 01, 2022

MSD Weekly Market Update: Week of February 7, 2022

The January employment report was a major positive surprise. Hiring at the beginning of the New Year eclipsed Street expectations by a wide margin. Moreover, the uptick in the unemployment rate was deceiving and was the result of all but a fraction of the almost 1.4mn persons...

Feb 07, 2022

Mortgage-Related Assets Information

Mar 18, 2020

MSD Weekly Market Update: Week of February 14, 2022

Having weathered yet another steamy report on consumer price inflation and hawkish comments by Federal Reserve officials, market attention will return to key inputs into current-quarter business activity. Retail sales probably rebounded at the beginning of 2022...

Feb 14, 2022

2022 Community Investment Programs Webinar

2022 Community Investment Programs Webinar

Feb 14, 2022

FHLBNY Announces Enhancements to the Rebate Program for Advances

The Federal Home Loan Bank of New York ("FHLBNY") is pleased to announce enhancements to our Advance Rebate Program, which provides members an opportunity to receive a cash rebate when prepaying an eligible advance and rebooking a new advance within a 30-day period. Improvements to the program...

Jan 24, 2022

2022 AHP General Fund Training Presentation

2022 AHP General Fund Training Presentation

Feb 15, 2022

2022 HDP Virtual Training Webinar Presentation

2022 HDP Virtual Training Webinar Presentation

Feb 15, 2022

MSD Weekly Market Update: Week of February 21, 2022

The focus of market participants likely will remain on developments in Ukraine this holiday-shortened week. Russian Foreign Minister Sergei Lavrov agreed to meet with Secretary of State Anthony Blinken in Europe to avert a potential military conflict...

Feb 21, 2022

Environmental Social Governance Panel Session

Environment Social Governance (ESG) cuts across all business operations and is expected to grow in prevalence across the financial services industry. Enjoy this thought-provoking discussion about ESG from the NJBankers Economic Leadership Forum, featuring...

Feb 10, 2022

FHLBNY Announces Fourth Quarter and Full-Year 2021 Operating Highlights

New York, New York — The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter and year ended December 31, 2021...

Feb 22, 2022

Be Prepared for a New Point in the Interest Rate Cycle

With economic activity expanding at an above-trend pace and consumer prices climbing at the fastest pace in four decades, we are entering a new phase of the interest-rate cycle with the Federal Reserve shifting to a less- accommodative monetary policy stance...

Feb 24, 2022

MSD Weekly Market Update: Week of February 28, 2022

While undoubtedly distracted by developments in the Russia-Ukraine crisis, market participants will contend this week with both a crowded data calendar and a steady stream of public appearances by Federal Reserve officials...

Feb 28, 2022

MSD Weekly Market Update: Week of March 7, 2022

Developments in the Russia-Ukraine crisis will remain top of mind for market participants, with each news item impacting expectations for the prospective path of U.S. monetary policy. The economic release calendar will be far less crowded this week....

Mar 07, 2022

MSD Weekly Market Update: Week of March 14, 2022

The markets’ attention will be split between the military conflict in Ukraine and the Federal Open Market Committee (FOMC) meeting this week. The FOMC is universally expected to raise the federal funds rate target range upper-bound from .25% to .50%...

Mar 14, 2022

RSA SecurID® for 1Link-IPR Coming Soon

FHLBNY continues to enhance and strengthen our online capabilities to better serve our members. As part of this effort, the FHLBNY will implement multi-factor authentication (MFA) starting in mid-August 2021. At that time...

Jul 20, 2021

MSD Weekly Market Update: Week of March 21, 2022

The attention of market participants this week will once again be divided between the war in Ukraine and domestic developments. The economic report calendar is unusually light, with soundings on new home sales, durable goods orders and...

Mar 21, 2022

FHLBNY Advance Rebate Program

Under the Advance Rebate Program, which represents an enhancement to our current advance prepayment methodology, the FHLBNY will provide members with a cash rebate on a portion of the fees paid relating to the early extinguishment of eligible advances when...

Mar 28, 2019

What’s on Tap for Investments in 2022?

Kristina Hooper, CFP®, CAIA, CIMA®, ChFC®, Invesco’s Chief Global Marketing Strategist, walks through Invesco’s 2022 Investment Outlook, a practical guide to help FHLBNY members make more informed investment decisions. Following dramatic fiscal and monetary policy moves in...

Feb 03, 2022

MSD Weekly Market Update: Week of March 28, 2022

A crowded economic data calendar should distract the market from overseas developments this week. Buoyed by the dearth of dwellings on the market, home selling prices probably remained on a tear at the beginning of the year. While inflation concerns are expected to have weighed on consumers’ spirits...

Mar 28, 2022

Targeted Community Lending Plan 2018

Targeted Community Lending Plan 2018

Mar 18, 2020

Targeted Community Lending Plan 2019

Targeted Community Lending Plan 2019

Mar 18, 2020

Targeted Community Lending Plan 2020

Targeted Community Lending Plan 2020

Aug 14, 2020

MSD Weekly Market Update: Week of April 04, 2022

Keeping an eye on overseas developments, market participants will face an extremely quiet economic release calendar this week. The highlight likely will be the ISM’s update on service-producing activity in March. Half a dozen Federal Reserve officials will also be on the lecture circuit to discuss...

Apr 04, 2022

2022 Board Committee Roster

2022 Board Committee Roster

Jan 03, 2022

MSD Weekly Market Update: Week of April 11, 2022

While keeping an eye on Ukraine news, the markets will contend with a crowded statistical calendar this week. Consumer prices are expected to have accelerated sharply in March, raising the probability of a 50 bps hike in the target range for the federal funds rate at the May 3-4 FOMC meeting...

Apr 11, 2022

FHLBNY Announces Results of 2021 Board of Director Elections

New York, NY – The Federal Home Loan Bank of New York (FHLBNY) announced today the results of the 2021 election for three positions on the FHLBNY’s Board of Directors whose terms will each commence on January 1, 2022...

Dec 06, 2021

MSD Weekly Market Update: Week of April 18, 2022

The focus of market participants will turn to housing indicators over the course of an otherwise quiet data week. While favorable climatic conditions likely buoyed new residential construction activity, existing home sales probably ebbed further in March. A quartet of Federal Reserve...

Apr 18, 2022

New York – 5 Year Estimates: 2020

New York - 5 Year Estimates

Apr 08, 2021

Puerto Rico – 5 Year Estimates: 2020

Puerto Rico: 5 Year Estimates

Apr 08, 2021

MSD Weekly Market Update: Week of April 25, 2022

With Federal Reserve officials observing the traditional blackout period ahead of the FOMC meeting on May 3-4, the attention of market participants will squarely be on the economic release calendar. Topping the list will be the Bureau of Economic Analysis’ first report...

Apr 25, 2022

For Commercial Banks and Thrift Institutions

HLB-005

May 16, 2019

For Community Development Financial Institutions

HLB-011

May 16, 2019

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

The FHLBNY is developing an all-new 1Link® portal. The migration to this new portal will happen in phases, starting with phase I of the transition on January 10, 2020.

Jan 03, 2020

MSD Weekly Market Update: Week of May 2, 2022

The market will confront a storm of economic information this week. Topping the list of events will be the Federal Open Market Committee (FOMC) meeting. Policymakers are universally expected to raise the federal funds rate target by one-half percentage point to .75% to 1%. More attention will be paid to any information on plans to reduce the size...

May 02, 2022

2021 Annual Report to Members

Apr 25, 2022

MSD Weekly Market Update: Week of May 9, 2022

Having weathered the outcome of the Federal Open Market Committee meeting and the latest update on the employment situation last month, market participants will face a comparatively quiet week. The marquee statistical report will be the Bureau of Labor Statistics’ update on consumer prices in April...

May 09, 2022

MSD Weekly Market Update: Week of May 16, 2022

Real GDP growth is expected to rebound during the current quarter, expanding at an annual rate of roughly 3% after the surprising 1.4% contraction witnessed during the winter. This week’s reports on retail sales, industrial production, residential building activity and existing home purchases....

May 16, 2022

MSD Weekly Market Update: Week of May 23, 2022

Market participants will assess this week’s slate of economic reports for clues to the pace of current-quarter growth. A significantly wider international trade gap, inventory liquidations, and reduced government outlays triggered a 1.4% annualized contraction in real GDP in Q1...

May 23, 2022

MSD Weekly Market Update: Week of May 30, 2022

Market participants will contend with a crowded data calendar next week. Upcoming reports are expected to be decidedly mixed. Labor-market soundings likely will be solid, with job openings soaring to a record high and the unemployment rate dipping to a level not seen...

May 31, 2022

Wire Transfers Migration to 1Link-IPR

The Federal Home Loan Bank of New York is excited to announce the upcoming launch of wire transfers on 1Link-IPR. Coming in May 2022, wire transfer functionality and user permissions will migrate onto 1Link-IPR, where member users will be able to perform all wire transfer transactions, and access reporting and balances within a single interface...

Apr 07, 2022

MSD Weekly Market Update: Week of June 6, 2022

Market participants confront a very light economic release calendar this upcoming week. The marquee report will be the Bureau of Labor Statistics’ update on consumer goods and services costs last month. Year-to-year increases in closely followed....

Jun 06, 2022

1-4 Family/Manufacturing Housing Loan Required Documents Checklist

COL-110

May 15, 2019

Sample Note Allonge Format

COL-146

May 16, 2019

Co-op Loan Required Documents Checklist

COL-112

May 16, 2019

Assignment of Mortgage Collateral (Puerto Rico)

COL-116

May 16, 2019

MSD Weekly Market Update: Week of June 13, 2022

The Federal Open Market Committee (FOMC) meeting is the marquee event of the week. Despite the continued uncertainty caused by the Russia-Ukraine war, the FOMC is universally expected to raise the federal funds rate target range by 50 bps to 1.25 to 1.5% and indicate that ongoing increases likely will be appropriate in coming months...

Jun 13, 2022

Multifamily/Commercial Mortgage Loans Required Documentation Checklist

COL-114

May 16, 2019

MSD Weekly Market Update: Week of June 20, 2022

Having weathered the largest increase in official rates since 1994, market participants will face a very light economic release calendar this week. Both existing and new home purchases likely declined in May. The current account deficit probably clocked in at a record wide during the winter quarter....

Jun 20, 2022

MSD Weekly Market Update: Week of June 27, 2022

Market participants will contend with a crowded economic release calendar this week. May reports on consumer spending, construction outlays and nondefense capital goods shipments will allow economists to update their tracking estimates for current-quarter real...

Jun 27, 2022

The NEV Supervisory Test The “Perfect Storm” Has Arrived

In this webinar for Credit Unions, Frank Farone, Managing Director at Darling Consulting Group, addresses the recent operating environment and what that means for the Net Economic Value (NEV) Supervisory Test...

Jun 29, 2022

FHLBNY Webinar: The NEV Supervisory Test The “Perfect Storm” Has Arrived

Jun 22, 2022

Third Party Plan and Cost Review

AHP-148

May 15, 2019

AHP Subordinate Mortgage for Rental Projects

AHP-113

Feb 05, 2020

Intake Certification Worksheet

AHP-135

May 15, 2019

AHP Income Calculation Worksheet

AHP-152

Sep 13, 2019

Owner-Occupied Project Workbook

AHP-132

May 15, 2019

Rental Project Workbook

AHP-125

May 15, 2019

MSD Weekly Market Update: Week of July 11, 2022

Market participants will experience a relatively quiet economic release calendar this upcoming week, following a holiday-shortened week that revealed modestly hawkish June-FOMC minutes and a strong June jobs data report on Friday...

Jul 11, 2022

FHLBNY Webinar: Mid-Year Outlook – Managing Through Rising Inflation

Jul 13, 2022

Mid-Year Outlook: Managing Through Rising Inflation

In this webinar, Kristina Hooper walks through Invesco’s 2022 Mid-Year Investment Outlook, a practical guide to help FHLBNY members make more informed decisions. At the midpoint of 2022, COVID-19’s remarkable effects on economies and policies remain top of mind, but a new set of uncertainties has also entered the picture – inflation, central bank tightening, and Russia’s invasion of Ukraine....

Jul 14, 2022

MSD Weekly Market Update: Week of July 18, 2022

With Federal Reserve officials observing the traditional blackout period ahead of the July 26-27 Federal Open Market Committee meeting, market participants will be left to their own devices in guessing the size of the upcoming increase in the federal funds target range from the current 1.5-1.75% band...

Jul 18, 2022

MERS Questionnaire

COL-145

May 16, 2019

MSD Weekly Market Update: Week of July 25, 2022

The Federal Open Market Committee (FOMC) meeting will be the marquee event of the week. Despite sizable markdowns to spring-quarter real GDP growth projections and continued uncertainty caused by the conflict in Ukraine....

Jul 25, 2022

FHLBNY Announces First Quarter 2022 Operating Highlights

New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter ended March 31, 2022. “The Federal Home Loan Bank of New York continued to perform well in the first quarter of 2022. As we move into a steadily improving operating environment...

Apr 28, 2022

FHLBNY Announces Second Quarter 2022 Operating Highlights

New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter ended June 30, 2022. “For 90 years, the Federal Home Loan Banks have been tasked with providing a steady, reliable source of liquidity in all economic cycles,” said José R. González, president and CEO of the FHLBNY...

Jul 28, 2022

FHLBNY Webinar: How Close to a Tipping Point?

Aug 04, 2022

How Close to a Tipping Point?

Responding to the ongoing surge in consumer price inflation, the Federal Open Market Committee has embarked on what likely will prove the most aggressive tightening of monetary policy in decades. With real GDP contracting slightly during the winter and tracking estimates for the quarter just passed coming down, fears of an impending recession have risen...

Aug 04, 2022

MSD Weekly Market Update: Week of August 1, 2022

Having weathered yet another sizable increase in the federal funds rate target, market participants will turn their attention back to the economic release calendar. Policymakers will have two complete data cycles in hand before they gather for the next Federal Open Market Committee meeting on September 20-21. Labor market soundings will be the key metrics to watch this week...

Aug 01, 2022

MSD Weekly Market Update: Week of August 8, 2022

The focus of market participants this upcoming week will shift from employment to the inflation side of the Federal Reserve’s dual mandate. Lower energy quotes, combined with anticipated decelerations in core goods and services costs....

Aug 08, 2022

MSD Weekly Market Update: Week of August 15, 2022

Having weathered the employment and consumer price reports for July, the attentions of market participants will turn to key data inputs into Q3 real GDP growth projections. While the Street is currently calling for a 1.7% annualized rise in inflation-adjusted economic activity during the summer quarter, the tracking model produced by the Federal Reserve Bank of Atlanta is estimating...

Aug 15, 2022

MSD Weekly Market Update: Week of August 22, 2022

The Federal Reserve Bank of Kansas City’s annual symposium at Jackson Hole, Wyoming will be the marquee event of the upcoming week. Market participants will listen closely to Fed Chair Powell’s address for clues to the prospective pace of monetary policy tightening over the balance of the year...

Aug 22, 2022

FHLBNY Webinar – ESG and Climate Risk in Financial Services

Aug 25, 2022

MSD Weekly Market Update: Week of August 29, 2022

With the FRB Kansas City’s annual monetary policy symposium at Jackson Hole in the rear-view mirror, the attentions of market participants will return to the economic release calendar ahead of the September 20-21 FOMC meeting. Labor-market soundings probably will reveal that the hiring environment remains extremely tight. Consumer sentiment likely rebounded sharply in August....

Aug 29, 2022

Report from the President: Approaching 90, the Power of Partnership Prevails

On May 12, we announced that our Board had approved a 4.75 percent dividend for the first quarter of 2022, with the $52.9 million cash dividend distributed to member institutions the following day...

Jun 02, 2022

Report from the President: FHLBNY Files 2021 Form 10-K – Stability Throughout the Year

On March 22, 2022, we filed the FHLBNY’s 2021 Form 10-K with the SEC, closing the books on the second straight year impacted by the COVID-19 pandemic. In the two years since the onset of this global crisis, we have been proud to continue to serve as a reliable source...

Apr 05, 2022

MSD Weekly Market Update: Week of September 12, 2022

With policymakers observing the traditional blackout period ahead of the September 20-21 Federal Open Market Committee meeting, the attentions of traders and investors will be on the economic data calendar this week. Consumer prices are expected to decline for the first time in two years. Benign inflation reports for July and August will do little to deter central bankers from lifting administered interest rates at the upcoming gathering...

Sep 12, 2022

What Goes Up Must Come Down—Managing Interest-Rate Risk with the Fixed-Rate with Cap

The FHLBNY Fixed-Rate Advance with a LIBOR Cap (Fixed-Rate with Cap) product is a hybrid funding option that combines a fixed-rate borrowing with an embedded interest-rate cap that is tied to the 3-Month LIBOR rate, with maturities from 1 to 10 years.

Sep 19, 2019

MSD Weekly Market Update: Week of September 19, 2022

The Federal Open Market Committee meeting is the marquee event of the week. Market participants are certain of another 75-bps increase in the federal funds rate target range to 3% to 3¼% and place the chances of an even-more aggressive hike at ~20%. The post-meeting communiqué likely will note tight labor market conditions and reiterate that inflation remains elevated due to supply and demand imbalances...

Sep 19, 2022

The Business Development Advance Overview

Aug 27, 2021

MSD Weekly Market Update: Week of September 26, 2022

Having weathered the outcome of the latest FOMC meeting and digested policymakers’ refreshed projections for the prospective path of the federal funds rate and key economic variables, market participants will contend with busy economic data and central-banker speaking calendars. The former likely will be decidedly mixed. Home prices probably dipped in July for the first time in over a decade. New home sales are expected...

Sep 26, 2022

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

The Federal Home Loan Bank of New York (“FHLBNY”) has updated its Member Products Guide (“Guide”) and the Correspondent Services Manual (“Manual”). The Guide and the Manual detail the FHLBNY’s credit, collateral and correspondent services standards and can assist you in finding helpful information...

Sep 28, 2022

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

The evolution of this more modernized first-time homebuyer set-aside program is intended to broaden its reach across the district, deepen its impact on households buying their first home and significantly improve administrative efficiencies.

Jan 31, 2019

MSD Weekly Market Update: Week of October 3, 2022

The markets will focus on the upcoming week’s data for clues to the prospective pace of forthcoming changes in monetary policy. Despite the aggressiveness of the current tightening cycle, few signs that the economy is retreating likely are in store. Both manufacturing and service-producing activity probably quickened in September, while motor vehicle sales ended the summer quarter on a high note. Job openings likely narrowed in August...

Oct 03, 2022

South Jersey FCU Presents a $10K grant to the People for People Foundation

SJFCU EVP/COO Danny Sulpizio (center) presented a $10,000 grant to Bernadette Blackstock, President/CEO of the People for People Foundation of Gloucester County and People for People Board Member Charlie Gallagher...

Jul 06, 2021

FHLBNY Provides Funding for The Partnership for The Homeless

Renters affected by the COVID-19 pandemic are now facing the prospect of the end of federal and state eviction moratoriums, while many small-scale landlords who are reliant on each tenant are now at risk of falling behind on mortgage payments...

Jun 03, 2021

MSD Weekly Market Update: Week of October 10, 2022

Returning from the extended long weekend, market participants will focus on consumer price inflation in September. While lower energy prices are expected to limit the rise in headline inflation, and core goods and services costs likely slowed last month, year-to-year growth rates remained well above the 2% target desired by the Federal Reserve. Initial and continuing jobless claims are projected to remain near recent levels...

Oct 11, 2022

Reintroducing Putable Advances, Fixed-Rate Advances with SOFR Cap and ARC Advances with Cap/Floor

The Federal Home Loan Bank of New York is pleased to reintroduce Structured Advances to give members more flexibility and options to better manage their balance sheets...

Sep 23, 2022

MSD Weekly Market Update: Week of October 17, 2022

Having weathered stronger-than-expected consumer inflation data for September, the market will contend with a series of second-tier economic reports this week. Both local and national industrial production reports are expected to show that activity was little changed from August...

Oct 17, 2022

MSD Weekly Market Update: Week of October 24, 2022

With monetary policymakers observing the traditional quiet period ahead of next week’s Federal Open Market Committee meeting, the attentions of market participants will focus on the economic release calendar. Buckling under the weight of recent surges in mortgage interest rates, fresh data releases on home prices, new-dwelling sales, and purchase-contract signings are all expected to decline from their respective prior-period levels...

Oct 24, 2022

2022 Diverse Dealer List

Sep 30, 2022

FHLBNY Announces Third Quarter 2022 Operating Highlights

At the recent Listening Sessions for the Federal Housing Finance Agency’s FHLBank System at 100: Focusing on the Future initiative, members from across the System and the FHLBNY spoke of the critical nature of Home Loan Bank liquidity and the importance of the reliability of our cooperatives...

Oct 27, 2022

FHLBNY Provides Support to Fundación Comunitaria de Puerto Rico to Help Vulnerable Communities in Response to Hurricane Fiona

One of the goals at the FHLBNY is to improve the housing and economic opportunities available to families and communities. Most recently, we provided a charitable contribution to the Fundación Comunitaria de Puerto Rico in response to Hurricane Fiona which supported several initiatives including the organization, Plenitud Iniciativas Eco-Educativas (Plenitud)...

Oct 26, 2022

UCC-1 Filing Information Request Form

COL-139

May 16, 2019

MSD Weekly Market Update: Week of October 31, 2022

The Federal Open Market Committee (FOMC) meeting will be the marquee event of the week. Market participants currently price for yet another 75 bps hike in the target range of the federal funds rate to 3.75% to 4% with complete certainty. The post-meeting communiqué likely will note the rebound in real economic activity during the summer and acknowledge that labor market conditions are tight...

Oct 31, 2022

Century Savings Bank Funds One Million Dollar Expansion for Local Business in Partnership with the FHLBNY

Demountable Concepts, the #1 provider of Demountable Systems in North America, recently announced that it has completed more than $1 million worth of high-technology, environmentally friendly equipment upgrades at its Glassboro, New Jersey facility. The improvements were financed by Century Savings Bank of Vineland in partnership with the Federal Home Loan Bank of New York, via its Business Development Advance Program...

Oct 05, 2022

MSD Weekly Market Update: Week Ending November 4, 2022

With the Federal Open Market Committee’s (FOMC) latest rate hike in the rear-view mirror, the countdown to the December 13-14 meeting begins. Between now and then, monetary policymakers will have another employment update and a pair of reports on consumer price inflation to consider...

Nov 04, 2022

FHLBNY AHP General Fund Letter of Continued Commitment (Supportive Housing)

Jan 26, 2022

MSD Weekly Market Update: Week of November 14, 2022

The market will digest a heavy slate of economic data this week, most of which will provide important insight into the pace of current-quarter activity. Retail sales likely posted a solid gain in October, while stepped-up factory output pushed industrial production higher. Unusually favorable weather conditions last month hint at a potential positive surprise on the residential construction front...

Nov 14, 2022

Prepare for the 1Link Migration in December 2022

The Federal Home Loan Bank of New York is excited to announce that 1Link Advances transaction functionality will migrate to the 1Link-IPR system in December 2022. Following the migration, the 1Link-IPR system will be the only 1Link system available and supported...

Nov 16, 2022

Privacy Policy

The Federal Home Loan Bank of New York (“FHLBNY”) is committed to safeguarding the privacy of your information disclosed through your use of our public website.

May 07, 2019

MSD Weekly Market Update: Week Ending November 18, 2022

Market participants will face a light statistical calendar this week ahead of the Thanksgiving holiday. Durable goods bookings likely posted another modest rise in October, while contracts to buy a newly constructed dwelling tumbled to a three-month low...

Nov 18, 2022

Larry E. Thompson Re-Elected Vice Chair of The FHLBNY (2022 Election)

New York, NY – The FHLBNY announced today that Larry E. Thompson has been re-elected by its Board of Directors to serve as the Board’s vice chairman for a two-year term commencing January 1, 2023. Mr. Thompson, who is the former vice chair of The Depository Trust & Clearing Corporation, has served on the Bank’s Board as an Independent Director since January 1, 2014...

Nov 18, 2022

Grant Recipients – Nov2022

Affordable Housing Program Awardees – November 2022

Nov 18, 2022

FHLBNY Awards $25.3 Million For 30 Affordable Housing Initiatives

New York, NY -- José R. González, president and CEO of the FHLBNY, announced that the FHLBNY has awarded $25.3 million in subsidies to fund 30 affordable housing initiatives throughout New Jersey, New York, Connecticut, Pennsylvania and Texas. These awards are funded through the FHLBNY’s Affordable Housing Program (AHP)...

Nov 21, 2022

RSA Hard Token User Guide

Mar 01, 2021

MSD Weekly Market Update: Week Ending December 2, 2022

Market participants will face a very quiet statistical calendar this upcoming week. Available soundings suggest that service-producing activity probably continued apace in November. An anticipated worsening of the international trade deficit in October may prompt markdowns to economists’ Q4 real GDP growth projections. Initial claims for unemployment insurance benefits probably remained in their recent range, but the rising number of benefit recipients hint that the jobless rate is heading higher...

Dec 02, 2022

Email Submission Form

COL-154

May 15, 2019

Mortgage Status Report Form

COL-107

May 15, 2019

MSD Weekly Market Update: Week Ending December 9, 2022

The Federal Open Market Committee (FOMC) meeting will be the marquee event of the upcoming week. Policymakers are expected to raise the target range for the federal funds rate once again, with markets pricing with near certainty a smaller 50 bps hike to...

Dec 09, 2022

MSD Weekly Market Update: Week Ending December 16, 2022

Having weathered yet another hike in the federal funds rate target range, the attentions of market participants will return to the economic release calendar. The latest housing readings probably will be decidedly mixed. While home sales are expected to have fallen in November...

Dec 16, 2022

Targeted Community Lending Plan 2023

Dec 19, 2022

FHLBNY Announces Results of 2022 Board of Director Elections

New York, NY – The Federal Home Loan Bank of New York (FHLBNY) announced today the results of the 2022 election for three positions on the FHLBNY’s Board of Directors (Board) whose terms will each commence on January 1, 2023. The terms of all the positions will run for four years, expiring on December 31, 2026...

Nov 23, 2022

Responsible Lending Policy

Mar 18, 2020

Assignment of Assignment of Rents and Leases

May 27, 2022

MSD Weekly Market Update: Week Ending January 6, 2023

Having weathered the Bureau of Labor Statistics’ update on labor market conditions at year-end, the attention of market participants will turn to the inflation side of the Federal Reserve’s dual mandate. The Street is anticipating yet another 0.1% uptick in the Consumer Price Index (CPI) in...

Jan 06, 2023

Instructions for Pledging Collateral from a Third Party Affiliate

COL-129

May 15, 2019

Affiliate Questionnaire

COL-130

May 15, 2019

Net Equity Worksheet to Determine the Pledge Limit of Affiliate Collateral

COL-133

May 15, 2019

Non Pledge of Affiliate Assets – Net Equity Worksheet

COL-134

May 15, 2019

Instructions for Establishing an Accommodations Account

COL-152

May 16, 2019

Collateral Service Fees Schedule (Log onto 1Link® to view)

1Link®

Jun 21, 2019

MSD Weekly Market Update: Week Ending January 13, 2023

With the BLS update on December consumer prices in the past, market focus will return to real economic activity data at year-end. Anticipated declines in retail sales, industrial production and housing starts may prompt economists to pare their estimates for real GDP growth in Q4...

Jan 13, 2023

MSD Weekly Market Update: Week Ending January 20, 2023

Attentions of market participants will steer squarely on the economic release calendar this week, with monetary policymakers observing the traditional blackout period before the January 31-February 1 Federal Open Market Committee meeting...

Jan 20, 2023

2023 Community Investment Programs Webinar

Jan 19, 2023

2023 Update to the Member Products Guide & Correspondent Services Manual

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

Jan 20, 2023

MSD Weekly Market Update: Week Ending January 27, 2023

The Federal Open Market Committee (FOMC) decision will occupy pride of place during a hectic week. Policymakers are expected to raise the federal funds target rate range once again, with the market pricing near unanimity on a smaller 25 bps hike from 4½% to 4¾%. The post-meeting communiqué likely will note that recent indicators point to modest growth in spending and output, while also reiterating that job gains...

Jan 27, 2023

MSD Weekly Market Update: Week Ending February 3, 2023

Having taken the Federal Open Market Committee’s latest rate hike in stride and post the latest monthly jobs report, market participants will face a very quiet data week. The upcoming report on unemployment insurance claims likely will reveal that labor market conditions remain extremely tight...

Feb 03, 2023

AHP Owner-Occupied Instruction Manual (for the AHP/APP-104)

AHPAPP-103-Manual

May 15, 2019

New Jersey – 5 Year Estimates: 2020

New Jersey - 5 Year Estimates

Apr 08, 2021

Correspondent Services Overview

Mar 18, 2020

Securities and Safekeeping Services

Mar 18, 2020

Member Advantage

Publications - Member Advantage

Apr 16, 2019

MSD Weekly Market Update: Week Ending February 10, 2023

Market participants will contend with a crowded data calendar and public appearances by a quintet of Fed officials this upcoming week. Since the January jobs report, the spate of hawkish comments from policymakers suggests that the Bureau of Labor Statistics (BLS) update on consumer prices will be the most important data...

Feb 10, 2023

FHLBNY Awards $36 Million for 42 Affordable Housing Initiatives

New York, NY – José R. González, president and CEO of the Federal Home Loan Bank of New York, announced that the Bank has awarded $36.9 million in subsidies to fund 42 affordable housing initiatives throughout New Jersey, New York, Puerto Rico, the U.S. Virgin Islands, Delaware, Pennsylvania and Wisconsin.

Dec 07, 2017

FHLBNY Awards $44.3 Million for 49 Affordable Housing Initiatives

New York, New York — José R. González, president and CEO of the Federal Home Loan Bank of New York, announced that the Bank has awarded $44.3 million in subsidies to fund 49 affordable housing initiatives throughout New Jersey, New York, Puerto Rico, North Carolina, Ohio and Pennsylvania.

Nov 19, 2018

FHLBNY Awards $34.5 Million for 42 Affordable Housing Initiatives

New York, NY -- José R. González, president and CEO of the Federal Home Loan Bank of New York, announced that the Bank has awarded $34.5 million in subsidies to fund 42 affordable housing initiatives throughout New Jersey, New York, Florida, Maryland, Ohio, Pennsylvania and Texas.

Dec 01, 2016

FHLBNY Awards $27.1 Million for 35 Affordable Housing Initiatives

New York, NY -- José R. González, president and CEO of the Federal Home Loan Bank of New York, announced that the Bank has awarded $27.1 million in subsidies to fund 35 affordable housing initiatives throughout New Jersey, New York, Connecticut, Maryland and Pennsylvania. 

Dec 03, 2015

Publications

FHLBNY Publications

Jun 09, 2019

MSD Weekly Market Update: Week Ending February 17, 2023

With the upcoming Presidents’ Day weekend, market participants will encounter a lighter economic release calendar. Sales of both existing and newly constructed dwellings probably rose at the beginning of the 2023. Current data suggest that real GDP growth likely topped the 3% mark once again during the fall quarter. Soundings from the January employment report point to a solid jump in personal income in January, buoying an anticipated rebound in consumer spending...

Feb 17, 2023

2023 AHP General Fund Training Presentation

2023 AHP General Fund Training Presentation

Feb 10, 2023

New Jersey – 5 Year Estimates: 2021

New Jersey - 5 Year Estimates

Feb 06, 2023

New York – 5 Year Estimates: 2021

New York - 5 Year Estimates

Feb 06, 2023

Puerto Rico – 5 Year Estimates: 2021

Puerto Rico - 5 Year Estimates

Feb 06, 2023

Virgin Islands Community Survey: 2015 (See Page 30)

2015 Virgin Islands Community Survey

Feb 06, 2023

AHP Member Application Certification

Feb 03, 2023

AHP Sponsor Application Certification

Feb 03, 2023

2023 FHLBNY Members Selected for Community Support Review

Feb 17, 2023

FHLBNY Webinar – Solving the Liquidity Challenge for Credit Unions

Solving the Liquidity Challenge for Credit Unions

Feb 22, 2023

MSD Weekly Market Update: Week Ending February 24, 2023

While market participants will contend with a very crowded economic release calendar this week, the Bureau of Labor Statistics’ update on the employment situation in February will be delayed until Friday, March 10. This week’s slate of indicators is expected to be decidedly mixed. On the positive side, closely followed canvasses of manufacturing and service-producing activity likely will show further improvements from their reported January readings...

Feb 24, 2023

2023 HDP Virtual Training Webinar Presentation

2023 HDP Virtual Training Webinar Presentation

Feb 10, 2023

José R. González Named President and Chief Executive Officer of the FHLBNY

New York, NY – The Federal Home Loan Bank of New York announced today that José R. González has been named president and chief executive officer of the FHLBNY effective April 1, 2014. Current president Alfred A. DelliBovi announced his retirement, and submitted his resignation to the Board on March 20, 2014.

Mar 20, 2014

Affiliate Representations and Warranties

COL-101

May 15, 2019

Member Representations and Warranties

HLB-113

May 16, 2019

MSD Weekly Market Update: Week Ending March 3, 2023

Federal Reserve Chair Jerome Powell’s Semi-Annual Monetary Policy Report to the Congress will be the marquee event this week. Given the significant increases in market expectations of prospective federal funds rate hikes since last month’s Federal Open Market Committee meeting, traders and investors will be interested...

Mar 03, 2023

Financial Intelligence

Welcome to FHLBNY Financial Intelligence! Discover the solutions you need to meet the goals of your institution in this collection...

May 08, 2019

News

FHLBNY News and Publications

Apr 15, 2019

MSD Weekly Market Update: Week Ending March 10, 2023

With Federal Reserve officials observing the traditional blackout period ahead of the March 21-22 FOMC meeting, market focus will be squarely on the data calendar. Given its potential to influence the upcoming FOMC decision, the BLS update on consumer prices last month will be the key release...

Mar 10, 2023

FHLBNY Announces Fourth Quarter and Full-Year 2022 Operating Highlights

New York, New York — The Federal Home Loan Bank of New York (FHLBNY) today released its unaudited financial highlights for the quarter and year ended December 31, 2022. The FHLBNY’s net income for 2022 was $417.4 million, an increase of $151.9 million, or 57.2%, from net income of $265.5 million for 2021. Net interest income for the year was $633.7 million, an increase of $93.1 million, or 17.2%, from $540.6 million for 2021...

Feb 22, 2023

Notice of FHLB Members Selected For Community Review (Effective February 23, 2023)

The Federal Housing Finance Agency (FHFA) in its community support regulation, 12 CFR Part 1290, requires that Federal Home Loan Bank members meet certain standards of community investment or service to maintain continued access to long-term (greater than one year) advances from the Federal Home Loan Banks...

Feb 22, 2023

Report from the President: Leading Our Franchise Forward; A Record 2017; NJBankers Economic Leadership Forum

Later this month, our Board and management team will gather for three days for our first series of Board meetings of 2018.

Feb 01, 2018

Report from the President: Growing Advances and a Growing Public Profile

For more than 90 years, the Federal Home Loan Banks have focused on executing on our liquidity mission, providing advances to members so that this much-needed funding flows through communities across the country. With the relatively more recent addition of the affordable housing component of our mission, this focus has expanded to putting part of the income we earn from our liquidity mission to work in support of affordable housing initiatives nationwide – to the tune of $7 billion in the System’s Affordable Housing Program grants over the past 30 years...

Mar 01, 2023

Dividend Announcement 4Q17: The FHLBNY Declares a 6.50% Dividend for the Fourth Quarter of 2017;

I am pleased to announce that, on February 15, 2018, your Board of Directors approved a dividend for the fourth quarter of 2017 of 6.50% (annualized).

Feb 15, 2018

Report from the President: Closing the Chapter on a Record 2017; FHLBNY Announces Fourth Quarter 2017 Dividend; FHLBNY Increases 2017 AHP Round Awards

At its meeting to be held later this month, our Board of Directors will be presented with the Bank’s 2017 Form 10-K and will be asked to review and approve several resolutions regarding the item, including the form and substance of the 10-K and the filing of the 10-K with the SEC.

Mar 02, 2018

Member Advantage: Disaster Relief Program Grants Introduced

In the second half of last year, in response to the devastation wrought by hurricanes Harvey, Irma and Maria, our team – at the request of the Board of Directors – developed a strategic framework for our disaster response efforts to ensure that we are best-positioned to work with our members to support relief and recovery efforts in any future disaster.

Apr 24, 2018

Dividend Announcement 1Q18: The FHLBNY Declares a 6.50% Dividend for the First Quarter of 2018

I am pleased to announce that, on May 24, 2018, your Board of Directors approved a dividend for the first quarter of 2018 of 6.50% (annualized).

May 24, 2018

Member Advantage: Looking Back While Looking Forward

In June, the Federal Home Loan Bank of New York issued Strength in Our Cooperative, our 2017 Annual Report to members. The report captures numerous achievements the FHLBNY delivered in 2017, not only for our members, but also for the communities we serve.

Jul 30, 2018

Dividend Announcement 2Q18: The FHLBNY Declares a 6.75% Dividend for the Second Quarter of 2018

I am pleased to announce that, on August 16, 2018, your Board of Directors approved a dividend for the second quarter of 2018 of 6.75% (annualized).

Aug 16, 2018

Report from the President: A Critical Role; Strong Performance, Positioned to Help

In August, the credit rating agency S&P Global Ratings issued a pair of reports on, respectively, the Federal Home Loan Bank System and the Federal Home Loan Bank of New York.

Sep 05, 2018

Report from the President: A Proven Partner; Balance Sheet Support; Board Election Update

Last month, we reached a milestone: it has now been ten years since the conservatorships of Fannie Mae and Freddie Mac and the bankruptcy of Lehman Brothers marked both the high and low point of the financial crisis.

Oct 09, 2018

Dividend Announcement 3Q18: The FHLBNY Declares a 6.90% Dividend for the Third Quarter of 2018

I am pleased to announce that, on November 15, 2018, your Board of Directors approved a dividend for the third quarter of 2018 of 6.90% (annualized).

Nov 15, 2018

Report from the President: Developing a Market for Our Members; A Record Round; FHLBNY Board Update

On November 13, the Federal Home Loan Bank System issued $4 billion in debt tied to the Secured Overnight Financing Rate (SOFR), the alternative rate developed by the Federal Reserve to replace LIBOR.

Dec 03, 2018

Member Advantage: A Strong Partner in the New Year

In 2017, the Federal Home Loan Bank of New York reached several significant milestones. In the spring, we moved into our new headquarters – an office space that fosters enhanced collaboration, communication and innovation and positions us to better serve our members.

Jan 16, 2018

Report from the President: A Year of Strong Performance; FHLBNY Announces Fourth Quarter 2018 Dividend; 50th Round of Affordable Housing Program Opens

Later this month, we will file the FHLBNY’s 2018 Form 10-K with the SEC, closing the book on 2018 for our cooperative.

Mar 04, 2019

Report from the President: Reflecting on a Record Year for the Federal Home Loan Bank System; FHLBNY 2019 Member Symposium

Across the nation, nearly 80 percent of U.S. lending institutions are members of a Federal Home Loan Bank.

Apr 02, 2019

Dividend Announcement 2Q19: The FHLBNY Declares a 6.35% Dividend for the Second Quarter of 2019

The FHLBNY Declares a 6.35% Dividend for the Second Quarter of 2019

Aug 15, 2019

Report from the President: A New Era of Creating Homeownership Opportunities; FHLBNY Commences 2019 Director Election Process

Our housing mission is central to everything we do at the Federal Home Loan Bank of New York.

Jul 02, 2019

Report from the President: Jersey City Welcomes FHLBNY Board; 2019 FHLBNY Director Election Update

Our May 2019 Board meeting marked a milestone for our cooperative – it was not only the first time our Board gathered in our new office space at 70 Hudson Street in Jersey City, but also the first time in more than 20 years that a regular meeting of...

Jun 03, 2019

Dividend Announcement 1Q19: The FHLBNY Declares a 6.35% Dividend for the First Quarter of 2019

I am pleased to announce that, on May 16, 2019, your Board of Directors approved a dividend for the first quarter of 2019 of 6.35% (annualized).

May 16, 2019

Report from the President: A Market Milestone

On August 21, the Office of Finance – which issues and services all debt securities for the Federal Home Loan Banks – marked a milestone by announcing that more than $100 billion in SOFR-linked securities had been issued by the Federal Home Loan Bank System.

Sep 05, 2019

Report from the President: The FHLBNY Announces 2019 Affordable Housing Program Grants

The FHLBNY Announces 2019 Affordable Housing Program Grants; A Better FHLBNY.com; FHFA Provides LIBOR Transition Guidance; FHLBNY Board Elections Underway

Oct 15, 2019

Report from the President: The FHLBNY Declares a 6.35% Dividend for the 3Q19

On November 21, 2019, FHLBNY's Board of Directors approved a dividend for the third quarter of 2019 of 6.35% (annualized). The dollar amount of the dividend will be approximately $84.9 million.

Nov 21, 2019

Report from the President: A Strong Year, A Strategy for Success

Throughout 2018, the Federal Home Loan Bank of New York served as a stable and reliable partner for our members.

Jan 03, 2019

Report from the President: Engaging Members, Enhancing Value

At the Federal Home Loan Bank of New York, we strive to not only enhance the value of membership in our cooperative, but ensure that all members are getting the most out of this membership.

Feb 04, 2019

Dividend Announcement 4Q18: The FHLBNY Declares a 6.90% Dividend for the Fourth Quarter of 2018

I am pleased to announce that, on February 13, 2019, our Board of Directors approved a dividend for the fourth quarter of 2018 of 6.90 percent (annualized).

Feb 13, 2019

Report from the President: Positioned to Meet Your Liquidity Needs

Report from the President: Positioned to Meet Your Liquidity Needs; FHLBNY Board Update; Making an Impact

Dec 03, 2019

Report from the President: A Reliable Partner for a New Decade

The Federal Home Loan Bank of New York enters 2020 and the start of a new decade with a strong membership, a talented and committed team and an unwavering focus on our mission...

Jan 06, 2020

Report from the President: FHLBNY Announces 2Q20 Operating Highlights

On July 29, the Federal Home Loan Bank of New York announced our results for the second quarter of 2020. The second quarter was a new experience for our franchise – it was the first full quarter in our history in which we operated from a remote posture...

Aug 04, 2020

Dividend Announcement 2Q20: The FHLBNY Declares A 5.60% Dividend For The Second Quarter Of 2020

I am pleased to announce that, on August 20, 2020, our Board of Directors approved a dividend for the second quarter of 2020 of 5.60 percent (annualized). The dollar amount of the dividend will be approximately $95.5 million. The cash dividend will be distributed on August 21, 2020.

Aug 20, 2020

Report from the President: A Stable Foundation

On September 1, the Federal Home Loan Bank of New York launched the final installment of the 2020 Round of our Homebuyer Dream Program (HDP), making grant funding available to our members to provide down payment and closing cost assistance to first-time homebuyers earning at or below 80 percent of Area Median Income...

Sep 03, 2020

Report from the President: A Stable Partner and a Strong Culture

On September 30, I had the opportunity to speak at the Independent Bankers Association of New York State’s 46th Annual Convention. This year’s event – billed by IBANYS as “Virtually Un-Conventional” – has been scheduled through a series of webinars, reflecting the current reality of our socially distant operating environment...

Oct 05, 2020

Report from the President: FHLBNY Announces 3Q20 Operating Highlights

On October 29, the Federal Home Loan Bank of New York announced our operating highlights for the third quarter of 2020. Our continued strong performance, both for the quarter and through the first nine months of the year...

Nov 02, 2020

Dividend Announcement 3Q20: The FHLBNY Declares a 5.10% Dividend for the Third Quarter of 2020

I am pleased to announce that, on November 19, 2020, our Board of Directors approved a dividend for the third quarter of 2020 of 5.10% (annualized). The dollar amount of the dividend will be approximately $79.3 million. The cash dividend will be distributed on November 20, 2020...

Nov 19, 2020

Dividend Announcement 4Q19: The FHLBNY Declares a 6.35% Dividend for the Fourth Quarter of 2019

I am pleased to announce that, on February 20, 2020, our Board of Directors approved a dividend for the fourth quarter of 2019 of 6.35 percent (annualized). The dollar amount of the dividend will be approximately $87.8 million. The cash dividend will be distributed on February 21, 2020.

Feb 20, 2020

Report from the President: Closing the Books on a Strong 2019

As we reported last month, your cooperative demonstrated strong performance throughout 2019, with $472.6 million in net income, our fourth-highest earnings ever. Our advances decreased slightly from 2018, but we still finished the year at a strong level, with $100 billion in liquidity flowing through communities across our District. At year-end, our total assets stood at $162.1 billion, and during the year we grew our retained earnings by $107 million, further bolstering our balance sheet. Throughout 2019, we made significant investments to enhance our technology capabilities and increase our ability to meet our members’ needs.

Mar 09, 2020

Report from the President: Novel Coronavirus Update

The FHLBNY continues to monitor the evolving situation regarding the Novel Coronavirus ("COVID-19"). In this current environment, we are focused on both the health and safety of our employees and our role as a reliable and critical source of liquidity for our members. As such, we have decided that, effective Monday, March 16, all non-critical staff will work remotely until further notice. We do not expect this operational posture to impair our ability to meet the needs of our members.

Mar 13, 2020

Report from the President: Stability in a Crisis – Our Cooperative Responds to the Pandemic

The front page of our website states that the FHLBNY is “your key to reliable liquidity in any market environment”. It also states that “as long as markets remain open, and a member has pledged sufficient qualifying collateral and is willing to purchase the requisite amount of capital stock, the FHLBNY will always continue to lend to our members to help you meet your community’s needs.” These are not just marketing slogans -- this is also our mission and our purpose. And despite the challenging and volatile market environment we have experienced over the past several weeks, we have continued to meet our mission, and we prove our purpose every day. During the month of March, as our nation and the financial markets reacted to the Coronavirus pandemic, our advances grew by $41 billion to $134 billion, an increase of 44 percent, as members increasingly looked to us as a reliable source of liquidity amid a turbulent operating environment.

Apr 01, 2020

Report from the President: FHLBNY to Accept Paycheck Protection Program Loans as Eligible Collateral

Earlier this month, The Wall Street Journal ran an article highlighting the importance of financial institutions’ participation in the Small Business Administration’s Paycheck Protection Program (PPP), a vital stimulus program aimed at helping small businesses across the nation make payroll and retain workers. And across the nation, these small businesses have turned to their local lender for assistance. As the article captured, in communities all over the country, the local lender has come to the rescue...

May 07, 2020

Dividend Announcement 1Q20: The FHLBNY Declares a 5.90% Dividend for the First Quarter of 2020

I am pleased to announce that, on May 20, 2020, our Board of Directors approved a dividend for the first quarter of 2020 of 5.90 percent (annualized). The dollar amount of the dividend will be approximately $85.9 million. The cash dividend will be distributed on May 21, 2020...

May 20, 2020

Report from the President: A Balanced Provider and a Stable Partner

When we developed our 2019-2021 Strategic Plan, the reality of our current environment was unimaginable. But in our Strategic Plan, we stated that the FHLBNY’s strategic vision is “to be a balanced provider of liquidity to members in all operating environments.” It is this focus on our members and our ability to remain your reliable partner that positions us to respond to this crisis and remain a stable source of liquidity even in this most challenging operating environment...

Jun 02, 2020

Report from the President: A Vital Conversation

Today, our communities face the dual challenges of emerging and recovering from a historic public health crisis and the resulting economic turmoil this has created, all within the backdrop of longstanding structural and systemic injustices that too many Americans continue to experience...

Jul 02, 2020

Report from the President: United by Our Mission

At the Federal Home Loan Bank of New York, our housing mission is a source of pride for our employees. At the center of this mission is our Affordable Housing Program; as the AHP is funded through our earnings, it takes contributions from every aspect of our organization to drive our performance and help ensure that the AHP remains a reliable source of grant funding for affordable housing initiatives.

Feb 04, 2020

Report from the President: A Steady Foundation

In 2020, our homes have become so much more than housing. They have become our offices, our schools and even our vacation destinations. At times, our homes have provided us with both a sense of security and a sense of escape. And they have often felt like a safe space for our loved ones in a time of crisis...

Dec 02, 2020

Report from the President: A Proven Partnership to Help a Region Recover

We begin the new year just as we ended 2020: with our nation still grappling with a pandemic, and our region struggling through a health crisis that has caused an economic crisis. But we also carry over something else into 2021: the stable partnership between the FHLBNY and our members, a partnership that will continue to help communities across our District respond to and recover from the pandemic...

Jan 05, 2021

Report from the President: FHLBNY Unveils SOFR-Linked ARC Advance Enhancement

At the FHLBNY, we foster a culture built on results, safety, caring and learning. This means that we are focused on the reliable delivery of services to our members, supported by our conservative, low-risk business approach. Our culture focuses on relationships and mutual trust to foster interconnectedness and collaboration while also supporting innovation, agility and flexibility.

Feb 04, 2021

Report from the President: A Strategic Focus on Stability and Service

We begin 2022 with a similar uncertainty that defined the two previous years, as our nation continues to grapple with a global pandemic and our region continues to move towards recovery in stops and starts. However...

Jan 06, 2022

Report from the President: Enhancing the Value of Membership

On January 24, we announced enhancements to our Advance Rebate Program, which provides members with the opportunity to receive a cash rebate when prepaying an eligible advance and rebooking a new advance within a 30-day period. These Program improvements include expanding the advances eligible for the rebate, and increasing the rebate amount...

Feb 01, 2022

Dividend Announcement 4Q21: The FHLBNY Declares a 4.36% Dividend for the Fourth Quarter of 2021

I am pleased to announce that, on February 17, 2022, our Board of Directors approved a dividend for the fourth quarter of 2021 of 4.36% (annualized). The dollar amount of the dividend will be approximately $48.8 million. The cash dividend will be distributed on February 18, 2022.

Feb 17, 2022

Dividend Announcement 4Q20: The FHLBNY Declares a 5.00% Dividend for the Fourth Quarter of 2020

I am pleased to announce that, on February 18, 2021, our Board of Directors approved a dividend for the fourth quarter of 2020 of 5.00% (annualized). The dollar amount of the dividend will be approximately $70.9 million. The cash dividend will be distributed on February 19, 2021...

Feb 18, 2021

Report from the President: Meeting Member Needs

My March 9, 2020 report to members provided the first FHLBNY update on the Coronavirus. By the end of that week, we – along with many other employers in New York City – had begun to move into a remote posture...

Mar 02, 2021

Report from the President: FHLBNY Files 2020 Form 10-K – Stability Throughout the Year

On March 19, 2021, we filed the FHLBNY’s 2020 Form 10-K with the SEC, closing the book on a most unique, challenging and volatile year. Even today, more than a year from the onset of the COVID-19 pandemic, communities across the nation continue to grapple with its impact.

Apr 05, 2021

Report from the President: A Stable Partner for the Recovery Ahead

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...

Jun 07, 2021

Report from the President: FHLBNY Commences 2021 Director Election Process

Last month, we welcomed our Board back to our headquarters at 101 Park Avenue for our first in-person Board meeting since February 2020. Throughout the pandemic, and despite...

Jul 01, 2021

Dividend Announcement 2Q21: The FHLBNY Declares a 4.60% Dividend for the Second Quarter of 2021

I am pleased to announce that, on August 19, 2021, our Board of Directors approved a dividend for the second quarter of 2021 of 4.60% (annualized). The dollar amount of the dividend will be approximately $59.5 million. The cash dividend will be distributed on...

Aug 19, 2021

Report from the President: 25 Years of Creating Homeownership Opportunities

On July 31, 2021, we marked the end of an era at the FHLBNY when we officially closed our First Home Club℠. Our cooperative first launched the First Home Club in 1995 as a grant program to help first-time homebuyers achieve their dream of homeownership...

Sep 01, 2021

Report from the President: An Unwavering Focus on Our Members and Supporting Our Communities

Over the past 18 months, the COVID-19 pandemic has changed the way we and so many institutions across the country work. But at the Federal Home Loan Bank of New York, our focus on delivering the full value of FHLBNY membership has not waivered...

Oct 04, 2021

Dividend Announcement 3Q21: The FHLBNY Declares a 4.40% Dividend for the Third Quarter of 2021

I am pleased to announce that, on November 18, 2021, our Board of Directors approved a dividend for the third quarter of 2021 of 4.40% (annualized). The dollar amount of the dividend will be approximately $51.8 million. The cash dividend will be distributed on November 19, 2021...

Nov 18, 2021

Report from the President: Together Again

On November 1, the Federal Home Loan Bank of New York launched the first phase of our Return to Office Strategy, bringing approximately half of our team back onsite. A week later, on November 8, we launched the second phase, returning nearly our entire team to our offices. That same day, we initiated our Remote Work Pilot Program...

Dec 07, 2021

Dividend Announcement 1Q21: The FHLBNY Declares a 4.75% Dividend for the First Quarter of 2021

I am pleased to announce that, on May 28, 2021, our Board of Directors approved a dividend for the first quarter of 2021 of 4.75% (annualized). The dollar amount of the dividend will be approximately $62.2 million. The cash dividend will be distributed on June 1, 2021.

May 28, 2021

Report from the President: FHLBNY Announces 3Q21 Operating Highlights

On October 28, the Federal Home Loan Bank of New York announced our operating highlights for the third quarter of 2021.  Our continued strong performance, both for the quarter and through the first nine months of the year...

Nov 02, 2021

Report from the President: Closing the Books on 2021

Since the onset of the COVID-19 pandemic in 2020, the stability of our franchise and our strong partnership with our members and the communities we serve have helped guide our cooperative through a volatile and often challenging operating environment. This stability is reflected in the daily availability of our advances, the reliability of our housing grant programs and in the broad reach of our pandemic response...

Mar 03, 2022

Dividend Announcement 1Q22: The FHLBNY Declares a 4.75% Dividend for the First Quarter of 2022

I am pleased to announce that, on May 12, 2022, our Board of Directors approved a dividend for the first quarter of 2022 of 4.75% (annualized). The dollar amount of the dividend will be approximately $52.9 million. The cash dividend will be distributed on May 13, 2022.

May 12, 2022

Report from the President: Federal Home Loan Bank System Turns 90

Upon entering our headquarters, visitors are presented with a collection of items that provide a bit of the history of both the Federal Home Loan Bank of New York and the Federal Home Loan Bank System as a whole. This history began 90 years ago this month, with the Federal Home Loan Banks launching our operations on July 22, 1932...

Jul 05, 2022

Report from the President: Looking Ahead to 100 Years of the Federal Home Loan Banks

Last month, we celebrated the 90th anniversary of the Federal Home Loan Bank System. Today, we are looking ahead. On Wednesday, July 20, Federal Housing Finance Agency (“FHFA”) Director Sandra Thompson appeared before the House Financial Services Committee for....

Aug 02, 2022

Dividend Announcement 2Q22: The FHLBNY Declares a 5.50% Dividend for the Second Quarter of 2022

I am pleased to announce that, on August 18, 2022, our Board of Directors approved a dividend for the second quarter of 2022 of 5.50% (annualized). The dollar amount of the dividend will be approximately $64.6 million. The cash dividend will be distributed on August 19, 2022...

Aug 18, 2022

Report from the President: The Voice of the Local Lender

On August 31, our regulator, the Federal Housing Finance Agency, announced the FHLBank System at 100: Focusing on the Future initiative – two public listening sessions and a series of regional roundtable discussions through which the FHFA will engage the Federal Home Loan Bank System’s stakeholders to position the System for the future. This initiative, with a view towards the 100th anniversary of the Federal Home Loan Bank System in 2032...

Sep 01, 2022

Report from the President: The System’s Stakeholders Speak

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...

Oct 07, 2022

Report from the President: FHLBNY Announces Third Quarter Operating Highlights

Throughout 2022, as volatility has increased in the markets, our members have increasingly looked to the FHLBNY as a trusted and stable funding partner. This level of trust – and our ability to meet these needs – is clearly reflected in our results for the third quarter, which we announced on October 27...

Nov 03, 2022

Dividend Announcement 3Q22: The FHLBNY Declares a 6.75% Dividend for the Third Quarter of 2022

I am pleased to announce that, on November 17, 2022, our Board of Directors approved a dividend for the third quarter of 2022 of 6.75% (annualized). The dollar amount of the dividend will be approximately $87.3 million. The cash dividend will be distributed on November 18, 2022....

Nov 17, 2022

Report from the President: Grateful For Our Role

In the days before Thanksgiving, the Federal Home Loan Bank of New York made our favorite announcement of the year: the recipients of our annual Affordable Housing Program (AHP) grants. This year, we awarded $25.3 million in such grants to help fund 30 affordable housing initiatives across our region and beyond, helping to create, rehabilitate or preserve 1,732 units of housing, including 1,201 units dedicated to very low-income housing...

Dec 01, 2022

Report from the President: A Profound Importance

This past November, Cornerstone Community Federal Credit Union became one of the eight institutions to join the Federal Home Loan Bank of New York in 2022 – a diverse group of new members consisting of credit unions, insurance companies and CDFIs operating in communities across New Jersey, New York and Puerto Rico...

Jan 09, 2023

Dividend Announcement 4Q22: The FHLBNY Declares a 7.50% Dividend for the Foruth Quarter of 2022

I am pleased to announce that, on February 15, 2023, our Board of Directors approved a dividend for the fourth quarter of 2022 of 7.50% (annualized). The dividend proceeds will be distributed to member financial institutions on February 16, 2023...

Feb 15, 2023

Report from the President: Liquidity is the Mission and the Means

Last month, we announced the launch dates for the 2023 Rounds of our Affordable Housing Program (AHP) and our Homebuyer Dream Program® (HDP®) – our two flagship programs through which we partner with our members to provide grant funding in support of affordable housing and homeownership opportunities across our region. On February 21, the 2023 AHP Round will open with $38 million in grant funds for affordable rental and homeownership initiatives...

Feb 06, 2023

MPF® Program

The Mortgage Partnership Finance® (MPF®) Program was designed with you, our members, in mind. In 1997, the MPF® Program was established to provide a competitive secondary market alternative for more than 7,000 members of the Federal Home Loan Bank System.

Apr 23, 2019

MSD Weekly Market Update: Week Ending March 17, 2023

The Federal Open Market Committee (FOMC) meeting will be the marquee event of the week. Expectations for its outcome have been extremely volatile. Following the hawkish interpretation of Federal Reserve Chair Powell’s semi-annual report on monetary policy to Congress, market participants were pricing in yet another hike in the federal funds rate target range with complete certainty, with traders and investors placing a little over 70% chance of a larger 50-basis-point move. Since then, turmoil in the banking sector has pared the probability of any increase based on futures pricing...

Mar 17, 2023

MSD Weekly Market Update: Week Ending March 24, 2023

The Fed increased the fed funds target range by 25 bps to 4.75%-5% and forecast, via the fresh “dot plot” and official statement, that another 25bps hike could be appropriate by year-end. It did, however, hint that another hike is uncertain. Policymakers essentially attempted to thread the needle of stressing their keen focus on wrestling down price pressures while also now paying attention to banking system threats...

Mar 24, 2023

CDFIs

Just like CDFIs, the Federal Home Loan Bank of New York (FHLBNY) is dedicated to providing responsible, affordable lending opportunities to help develop our local communities in New Jersey, New York, Puerto Rico and the U.S. Virgin Islands.

May 07, 2019

MSD Weekly Market Update: Week Ending March 31, 2023

Ripping another page off the calendar, market participants will face a hectic economic release calendar this week. Labor market updates are expected to show that the hiring environment remains exceptionally strong, despite recent press reports of layoffs. Manufacturing probably ebbed further as the winter quarter ended while the nationwide service-producing expansion continued apace...

Mar 31, 2023

Report from the President: A Stabilizing Role

The foundational purpose of the Federal Home Loan Bank System is to serve as a stable source of funding for our members. This critical liquidity mission drives everything we do at the FHLBNY. Over the past year, there has been debate regarding the role, relevance and scope of this mission. But the middle of March 2023 proved yet again that the Federal Home Loan Banks are essential to the stability of the U.S. financial system, as local lenders across the nation looked to their Home Loan Bank for ready and reliable liquidity in a volatile and challenging market...

Apr 04, 2023

CDFI Membership & Borrowing Requirements Overview

Mar 18, 2020

A Strong Partner in the New Year

In 2017, the Federal Home Loan Bank of New York reached several significant milestones. In the spring, we moved into our new headquarters – an office space that fosters enhanced collaboration, communication and innovation and positions us to better serve our members.

Jan 15, 2018

Disaster Relief Program Grants Introduced

In the second half of last year, in response to the devastation wrought by hurricanes Harvey, Irma and Maria, our team – at the request of the Board of Directors – developed a strategic framework for our disaster response efforts to ensure that we are best-positioned to work with our members to support relief and recovery efforts in any future disaster.

Jan 31, 2018

Looking Back While Moving Forward

In June, the Federal Home Loan Bank of New York issued Strength in Our Cooperative, our 2017 Annual Report to members.

Jul 15, 2018

Board Election Updates and Solutions for Balance Sheet Management in a Rising Rate Environment

Last month, we reached a milestone: it has now been ten years since the conservatorships of Fannie Mae and Freddie Mac and the bankruptcy of Lehman Brothers marked both the high and low point of the financial crisis.

Oct 03, 2018

Leveraging Your Relationship With the FHLBNY Can Be a Critical Component to Thriving in This Difficult Operating Environment. Please Read This Issue on How the FHLBNY is Here to Assist With All of Your Funding and Hedging Needs

Our mission is to advance housing opportunity and local community development by supporting members in serving their markets. We achieve this mainly through the daily availability of our advances.

Mar 15, 2016

On May 6, Moody’s Investors Service Issued Credit Opinions on Both the FHLBNY and the Federal Home Loan Bank System

On May 6, Moody’s Investors Service issued credit opinions on both the FHLBNY and the Federal Home Loan Bank System. The rating agency’s report on our cooperative was very positive, highlighting our strong credit culture, stable profitability, exceptional asset quality and conservative interest rate risk management.

Aug 03, 2016

To Say That 2016 Was an “Interesting” Year Would Be an Understatement

To say that 2016 was an “interesting” year would be an understatement. Globally, nationally and locally, instability and change helped shape the year. In 2016, the United Kingdom voted to leave the European Union, a surprising decision that roiled global markets, the effects of which still reverberate today.

Dec 15, 2016

The Reach of Our Housing Mission

Our housing mission is vital to our cooperative: it shapes our culture, supplements our commitment to the community and strengthens our partnerships with our members.

Apr 01, 2017

A Vital Source of Guidance

Last month, the FHLBNY’s management team gathered with our Directors for the 2017 strategic Board off-site meeting.

Jul 31, 2017

Opportunities for Growth

Last month, I had the honor of speaking at both the NJBankers’ Senior Management Conference and the Independent Bankers Association of New York State’s Annual Convention.

Oct 15, 2017

Last Month, S&P Global Ratings Issued a Report on the Federal Home Loan Bank System

Last month, S&P Global Ratings issued a report on the Federal Home Loan Bank System. In reaffirming the System’s AA+/Stable rating – the same as the U.S. sovereign rating – S&P highlighted numerous positive aspects about the Federal Home Loan Banks, including our strong capital, funding and risk management positions.

Oct 15, 2016

Consider the Many Ways in Which You Can Leverage Your Relationship With the FHLBNY

On November 19, the FHLBNY declared a 4.10% dividend for the third quarter of 2015.

Dec 03, 2015

Potential Funding Opportunities for a Persistent Low Rate Environment

Although the U.S. economy has made strides in 2015 with decent GDP growth and improving economic metrics, we have yet to see the Federal Reserve (Fed) move away from a stance of significant accommodation, which has been in place since the financial crisis.

Oct 01, 2015

FHLBNY Municipal Letters of Credit (MULOCs)

As we exit the summer and head into autumn, we expect to see our usual seasonal decline in usage of short-term advance products, which coincides with the inflows of municipal deposits at member institutions.

Aug 01, 2015

How the Mortgage Partnership Finance® (MPF®) Program* Can Enhance Fee Income and Manage Interest Rate Risk

As we proceed in this prolonged low-rate environment, members are keeping a close eye on the direction of both long-term and short-term interest rates.

Jun 01, 2015

Balance Sheet Positioning in the Current Rate Environment

Improving economic metrics, coupled with the Federal Reserve’s consistent guidance that they are poised to raise short-term interest rates indicate we may finally be approaching a rate hike in the near term.

Jul 01, 2015

Addressing Potential Risks with the Fixed-Rate Advance with a LIBOR Cap

As noted in the February 2015 edition of the FHLBNY Advantage, since the “Great Recession” began, there has been a significant inflow of deposits to the U.S. banking industry — $3.08 trillion has flowed into U.S. banks (as of Q1 2015).

May 01, 2015

The Pursuit of Growth and Partnership with the FHLBNY

Since the financial crisis of 2008, many of our members have found it increasingly difficult to maintain and grow profitability.

Apr 01, 2015

Ensure Borrowing Potential and Fill up Your Collateral “Tank” Today

Spring is in the air and things are beginning to thaw out, if not heat up, in the banking world.

Mar 01, 2015

Why Regulators are Still Focused on Interest Rate and Liquidity Risk

Not since the abolishment of Regulation Q in 1980 has the industry experienced game changing regulation that will materially alter the interest rate risk (IRR) positions and liquidity profile of all financial institutions.

Feb 01, 2015

Maximize Your Membership

Forging ahead into 2015, although we seem to be moving toward a different point in the interest rate cycle, persistent global economic and geopolitical factors are applying significant downward pressure on the longer end of the yield curve.

Jan 01, 2015

Economic Perspectives

Publications - Economic Perspectives

Sep 10, 2019

Breaking the Record: U.S. Economic Expansion Enters Its Eleventh Year

Data compiled by realtor associations in New York and New Jersey indicate that the majority of the FHLBNY coverage area outperformed both the region and the nation as a whole..

Jul 15, 2019

Despite Yield-Curve Inversions, Recession Appears a Long Way Off

Data compiled by realtor associations in New York and New Jersey indicate that the majority of the FHLBNY coverage area outperformed both the region and the nation as a whole..

Sep 10, 2019

Existing Home Sales in FHLBNY Area Held Up Better Than the Nation, Region in 2018

Data compiled by realtor associations in New York and New Jersey indicate that the majority of the FHLBNY coverage area outperformed both the region and the nation as a whole..

Feb 04, 2019

A Broader Look at Housing Affordability

When considering the outlook for residential real estate in the United States, the same factors are often cited as constraining sales...

Mar 29, 2019

At the Quarter Pole: a Look at Housing Activity in New York and New Jersey

Constrained by a variety of factors - reduced affordability, limited supplies and inclement weather conditions - closings on existing dwellings in New York and New Jersey averaged almost...

May 20, 2019

Employment Conditions: As Goes the Nation, So Goes the FHLBNY District

The pace of job creation slowed markedly across the country in March. Capped by a return to more seasonable temperatures during the reference period, nonfarm employers added a comparatively modest 103,000 persons to headcounts, after the eye-catching 326,000 surge posted in February...

May 01, 2018

A Review of Housing Statistics at the End of 2019

Interest rates on adjustable- and fixed-rate mortgage loans have fallen by over a percentage point from the highs set last November.

Dec 11, 2019

Home Price Gains Depend on Location and Inflation; Too Early to Call a Top in Home Values

Buoyed by solid economic conditions and limited supplies of available dwellings, home-selling prices have risen steadily since their post-financial-crisis troughs of 2012.

Jun 07, 2018

Limited Supplies of Available Homes Locally Imply Sellers’ Markets Will Prevail for Some Time

In contrast to the remainder of the Nation, closings on existing homes in the Northeast rebounded by 4.8% to a seasonally adjusted annual rate of 680,000 in May, completely erasing the pullback recorded in April...

Jul 11, 2018

Domestic Consumers: Bigger Savers Than Previously Thought

American consumers have long been chided for their allegedly extravagant ways. With few exceptions, the percentage of funds saved out of personal disposable income by domestic residents has lagged behind those of other industrialized nations and even-larger groupings such as the Euro area or the European Union...

Aug 28, 2018

Gauging Local Economic Performance Since the Great Recession

Real gross domestic product (GDP) - the inflation-adjusted value of all final goods and services produced in the country - remains the most widely followed measure of overall economic performance.

Oct 15, 2018

Unemployment Not Only Falling, but also Narrowing Across the FHLBNY District

While the 2.3% annualized growth rate of real GDP over the course of the current business cycle upturn has been barely half that of prior post-World War II expansions, the reduction in unemployment since the economy troughed in June 2009 has been truly impressive…

Nov 30, 2018

Leverage Your Membership in 2019

Last year was an interesting one for our industry, as we navigated through a substantially flattened Treasury yield curve and an environment of rising rates and growing deposit betas, while intense competition for loans kept yields suppressed.

Jan 19, 2019

Gain Valuable Flexibility in a Shifting Interest Rate & Operating Landscape

Through the first quarter of 2019, our members have experienced stable loan demand, though at levels below the same period last year.

May 09, 2019

2019 FHLBNY Member Symposium Recap

In the second quarter of 2019, we were proud to host our first-ever Member Symposium. The event – Strategies for Success: Are You Mission-Ready? – was held in New York on April 17, and drew members from across our District to network and receive presentations from experts on the economy, banking and technology.

Jul 31, 2019

Five Ways to Manage Your Balance Sheet in a Volatile Rate Environment

The FHLBNY hosted “Food for Thought,” an evening that brought together leaders from both the credit union industry and our organization. Fiftieth round of AHP grants announced in September 2019. Five Ways to Manage Your Balance Sheet in a Volatile Rate Environment.

Nov 05, 2019

Member Services Desk Weekly Market Update

Authored by the FHLBNY's Member Services Desk team and our own Financial Economist, this weekly snapshot aims to curate key information around the following topics: Economist Views, Key Market Trends, and FHLBNY Advance Rates Observations.

Aug 03, 2020

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

The Federal Home Loan Bank of New York ("FHLBNY") is reducing the maximum cap on membership stock purchases from $100 million dollars to $50 million dollars and has reflected this reduction in the Appendix to the FHLBNY's Capital Plan...

Jun 24, 2022

MSD Weekly Market Update: Week Ending April 14, 2023

With the heart of the statistical order for April in the rear-view mirror, markets will turn their sights to updates on housing activity and local business conditions. While forthcoming soundings on builder sentiment and existing home sales likely improved on prior-month readings, inclement weather conditions probably limited new residential investment activity in March...

Apr 14, 2023

Audit Committee Charter

Audit Committee Charter

Mar 18, 2020

MSD Weekly Market Update: Week Ending April 21, 2023

With monetary policymakers observing the traditional ban on public appearances ahead of the May 2-3 Federal Open Market Committee meeting, the sights of market participants will fall squarely on the economic data calendar this week...

Apr 21, 2023

FHLBNY Announces First Quarter 2023 Operating Highlights

“The purpose and foundational mission of the Federal Home Loan Bank System was on full display in the first quarter of 2023,” said José R. González, president and CEO of the FHLBNY. “When the U.S. banking sector experienced temporary but widespread liquidity challenges in mid-March, the Federal Home Loan Banks quickly responded with significant funding support, reflecting the System’s ability to serve as a reliable source of liquidity for our members in even the most difficult operating environments. In providing members with liquidity in otherwise uncertain markets, the Federal Home Loan Banks play a key stabilizing role in the U.S. financial system in times of market stress...

Apr 27, 2023

About Us

The Federal Home Loan Bank of New York (FHLBNY) helps community lenders in New Jersey, New York, Puerto Rico and the U.S. Virgin Islands advance housing and community growth.

Apr 07, 2019

MSD Weekly Market Update: Week Ending April 28, 2023

The Federal Open Market Committee (FOMC) meeting will be the marquee event of the upcoming week. Expectations for its outcome have been extremely volatile since policymakers last gathered on March 22, with market-based probabilities of another 25 bps hike ranging from a low of 24% in the wake of the recent banking turmoil to a high of 90% early last week...

Apr 28, 2023

Global Authorization Form

HLB-106

May 16, 2019

American Dream

As part of our dedicated team, you can help contribute to the American dream of homeownership. We work towards our mission to advance housing opportunity and local community development by enabling our members –local lenders– to extend affordable credit to their communities. Learn more about how we do this.

Apr 11, 2019

Benefits

When you become part of our team, you are provided with career development benefits to help you progress while investing in your future. Our commitment to

Apr 18, 2019

Culture

Our employees define who we are as well as what we aspire to become.

Apr 19, 2019

Career Development

We see career development not as an expense, but rather an investment. When you join the Federal Home Loan Bank of New York (FHLBNY), a wide range of career opportunities are available to you in:

Apr 12, 2019

Report to Members

Annual Report to Members

Mar 18, 2020

Principal-Deferred Advance

The Principal-Deferred Advance (PDA) is a hybrid advance product that combines elements of the Fixed-Rate Advance and the Amortizing Advance. With the PDA, principal payments are deferred for a predetermined period, while the interest rate is locked...

Sep 03, 2019

MSD Weekly Market Update: Week Ending May 5, 2023

With the Federal Open Market Committee (FOMC) removing forward guidance biased toward additional tightening from its communiqué post this past Wednesday’s meeting, the attentions of market participants will be squarely on the economic release calendar. Although assessments of the appropriate stance of monetary policy are now data dependent, statistical agencies will be offering relatively thin gruel this week...

May 05, 2023

FHLBNY Announces Third Quarter 2021 Operating Highlights

“Through the first nine months of the year, our members have continued to serve their customers and communities as we move towards recovering from the pandemic,” said José R. González, president and CEO of the FHLBNY...

Oct 28, 2021

FHLBNY Awards $36.9 Million for 46 Affordable Housing Initiatives

José R. González, president and CEO of the Federal Home Loan Bank of New York (FHLBNY), announced that the FHLBNY has awarded $36.9 million in subsidies to fund 46 affordable housing initiatives throughout New Jersey, New York, Puerto Rico, Connecticut and Washington, D.C. These awards are funded through the FHLBNY’s Affordable Housing Program (AHP), and will result in the creation, rehabilitation or preservation of 3,140 units, including 2,344 units dedicated to very low-income housing...

Nov 23, 2020

FHLBNY 2021 Community Lending and Affordable Housing Plans

The Federal Home Loan Bank of New York (“FHLBNY”) is pleased to announce the publication of its 2021 Targeted Community Lending Plan and the Affordable Housing Program Implementation Plan. These two documents describe important improvements to the core Community Investment programs offered through the FHLBNY’s members for the year 2021, and both are now available on the FHLBNY’s website....

Dec 21, 2020

FHLBNY Announces Fourth Quarter and Full-Year 2020 Operating Highlights

The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter and year ended December 31, 2020. The FHLBNY’s net income for 2020 was $442.4 million, a decrease of $30.2 million, or 6.4 percent, from net income of $472.6 million...

Feb 23, 2021

FHLBNY Announces First Quarter 2021 Operating Highlights

FHLBNY today released its unaudited financial highlights for the quarter ended March 31, 2021. “One year ago, amid as volatile and uncertain a market as we have ever experienced, our members looked to the Federal Home Loan Bank of New York for liquidity support at the onset of the COVID-19 pandemic,” said José R. González, president and CEO of the FHLBNY. “In the year since, the FHLBNY has remained a stable and...

Apr 28, 2021

MSD Weekly Market Update: Week Ending May 12, 2023

Market participants will weather a crowded economic calendar this upcoming week. Reports on retail sales, industrial production, and housing activity in April will allow economists to update their tracking estimates for spring-quarter real GDP growth. The Street currently anticipates little change in inflation-adjusted activity over the April-June span, but the range of projections is extremely wide, as is often the case early in a quarter...

May 12, 2023

FHLBNY Municipal Letter of Credit Overview

Mar 31, 2023

Dividend Announcement 1Q23: The FHLBNY Declares a 7.75% Dividend for the First Quarter of 2023

I am pleased to announce that, on May 16, 2023, our Board of Directors approved a dividend for the first quarter of 2023 of 7.75% (annualized). The dividend proceeds will be distributed to FHLBNY member financial institutions on May 17, 2023...

May 16, 2023

MSD Weekly Market Update: Week Ending May 19, 2023

Market participants will weather a crowded economic calendar this upcoming week. Reports on retail sales, industrial production, and housing activity in April will allow economists to update their tracking estimates for spring-quarter real GDP growth. The Street currently anticipates little change in inflation-adjusted activity over the April-June span, but the range of projections is extremely wide, as is often the case early in a quarter...

May 19, 2023

Summary of 1Link® Features

Mar 18, 2020

Credit Unions Eligibility Worksheets

HLB-007

May 16, 2019

Mid-Year Outlook: Managing Through Rising Risks

May 25, 2023

MSD Weekly Market Update: Week Ending June 2, 2023

With a debt-limit deal nearing completion and monetary policymakers observing the traditional blackout period on public appearances ahead of the June 13-14 Federal Open Market Committee meeting, the attentions of market participants will return to the economic release calendar. Unfortunately for those seeking data-driven excitement, statistical mills will be serving exceptionally thin gruel this week...

Jun 02, 2023

Co-Op Intention to Record

HDP-006COOP

Jul 16, 2019

Retention Documents (for Puerto Rico only)

HDP-006PR

Jul 16, 2019

FHA Retention Documents (for Puerto Rico only)

HDP-006FHAPR

Jul 16, 2019

Advances, Collateral Pledge and Security Agreement (ACPSA)

HLB-101

May 16, 2019

Special Amendment to the ACPSA

HLB-130

May 16, 2019

Correspondent Services Agreement (CSA)

HLB-104

May 16, 2019

Assistant/Corporate Secretary’s Certificate

HLB-131

May 16, 2019

Amendment to Correspondent Services Agreement (1LinkSK)

HLB-110

May 16, 2019

Application for Advances Pursuant to Telephonic Request

HLB-109

May 16, 2019

MSD Weekly Market Update: Week Ending June 9, 2023

The Federal Open Market Committee (FOMC) meeting will be the marquee event. The FOMC is expected to leave the target range for the federal funds rate unaltered at 5% to 5¼%. The post-meeting communiqué likely will reiterate that economic activity continues to expand at a modest pace, job gains have been robust, and the unemployment rate has remained low...

Jun 09, 2023

FHLBNY Partnered with Century Savings Bank of Vineland

Content will update later

Jun 13, 2023

Retention Documents

HDP-006

Jul 16, 2019

2023 Board Committee Roster

2023 Board Committee Roster

Jan 19, 2023

MSD Weekly Market Update: Week Ending June 16, 2023

This week’s calendar will be dominated by public appearances by half a dozen Federal Reserve officials. Coming on the heels of the recent FOMC decision, Federal Reserve Chair Jerome Powell’s delivery of the semi-annual Monetary Policy Report to Congress will be closely watched for any clues to the prospective direction of monetary policy over the balance of the year. On the data front, housing statistics will be front and center with updated soundings on builder sentiment, new residential construction and existing home sales...

Jun 16, 2023

Standing Instructions Agreement

COL-150

May 16, 2019

Sample Standing Instructions Agreement

COL-151

May 16, 2019

Coming Soon: Expansion of Our 0% Advance Offerings

Due to the positive response we received to our Business Development Advance, a 0% interest rate advance offered previously on a limited basis, the Federal Home Loan Bank of New York is pleased to announce another round of our 0% Development Advance offerings, which will now be expanded to include additional mission-oriented initiatives. In the coming months, we plan to launch the new 0% Development Advance (ZDA) Program, which includes the Business Development Advance, as well as our new Climate Development Advance, Infrastructure Development Advance and Tribal Development Advance offerings...

Jun 05, 2023

FHLBNY Affordable Housing Advisory Council Open Nomination Period

The Federal Home Loan Bank of New York (FHLBNY) is now accepting nominations for the FHLBNY's Affordable Housing Advisory Council (Advisory Council). Nominations must be made by submitting a nomination form...

Jul 05, 2022

Community Lending Programs Application

CLP-002

Dec 10, 2020

Events

FHLBY Events, Industry Events, Events

Mar 28, 2019

MSD Weekly Market Update: Week Ending June 23, 2023

Having weathered Federal Reserve Chair Jerome Powell’s semi-annual Monetary Policy Report to Congress and projections that additional federal funds rate increases may be forthcoming, market participants will now focus on the economic release calendar. Housing soundings are expected to be positive on balance, with selling prices and sales of new dwellings posting gains. Durable goods orders probably retreated last month, while the merchandise trade gap closed...

Jun 23, 2023

FHLBNY Daily Rates Indication Request

Mar 10, 2023

Housing Associate Membership Requirements

Mar 18, 2020

Member Credit Ratings

Mar 18, 2020

Determining Your Principal Place of Business

Mar 18, 2020

System Debt & Capital Stock Overview

Mar 18, 2020

Capital Stock FAQs

Mar 18, 2020

FHA Retention Documents

HDP-006FHA

Jul 17, 2019

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)...

Jun 30, 2023

FHLBNY Pledging of Purchased Pool Guidelines

COL-138

May 16, 2019

FHLBNY Affordable Housing Advisory Council Open Nomination Period – For 2024 Service

The Federal Home Loan Bank of New York (FHLBNY) is now accepting nominations for the FHLBNY's Affordable Housing Advisory Council (Advisory Council). Nominations must be made by submitting a nomination form...

Jul 05, 2023

Application Process

The following is a list of forms, applications and documents that are required for membership at the FHLBNY.

Apr 25, 2019

MSD Weekly Market Update: Week Ending June 30, 2023

Market participants will contend with a crowded statistical calendar in the upcoming holiday-shortened week. Given recent comments by Fed Chair Powell, labor-market soundings will be front and center. Upcoming figures likely will point to a resumption of fed funds rate increases during the summer...

Jun 30, 2023

MSD Weekly Market Update: Week Ending July 07, 2023

With key labor-market soundings for June in the rear-view mirror, the market’s attention will turn to the inflation side of the Fed’s dual mandate in the upcoming week. Due primarily to a modest rebound in gas prices, the headline Consumer Price Index (CPI) likely quickened slightly last month, but markedly lower quotes for used vehicles hint at a potentially benign reading on core goods and services costs...

Jul 07, 2023

Principal-Deferred Advance

Mar 18, 2020

Callable Advances

Mar 18, 2020

Zero-Percent Development Advance (ZDA) Program Reservation Form

Apr 18, 2023

July 2023 Report from the President

Remembering FHLBNY Director Thomas L. Hoy - As was immediately evident to those fortunate to have known him, community was central to everything Tom Hoy believed in. It was what made him such an excellent banker, but more importantly, it was what made him the great friend, colleague, family man, neighbor and mentor to so many across New York and beyond....

Jul 11, 2023

MSD Weekly Market Update: Week Ending July 14, 2023

With monetary policymakers observing the traditional blackout period ahead of the FOMC meeting on July 25-26, the market focus will be squarely on economic releases. The median forecast for annualized real GDP growth during the spring quarter currently stands at ~1.5%, but the range of projections is exceptionally wide extending from a .7% contraction to an above-trend 2.8% gain...

Jul 14, 2023

Summary of Membership Forms and Agreements

HLB-100

May 16, 2019

MSD Weekly Market Update: Week Ending July 21, 2023

The Federal Open Market Committee (FOMC) meeting will be the marquee event of the week. Policymakers are almost universally expected to raise the target range for the federal funds rate to 5¼% to 5½%. The post-meeting communiqué likely will reiterate that economic activity continues to expand at a modest pace and repeat that job gains have been robust, and the unemployment rate has remained low.

Jul 21, 2023

FHLBNY Announces Second Quarter 2023 Operating Highlights

“Through the first half of 2023, the Federal Home Loan Bank of New York has performed as designed, delivering liquidity on demand as needed by our members,” said José R. González, president and CEO of the FHLBNY. “Notably, towards the end of the first quarter, this need was significant, and we were there to answer the call...

Jul 27, 2023

MSD Weekly Market Update: Week Ending July 28, 2023

With the widely anticipated increase in the federal funds rate target range to 5¼% to 5½% in the rear-view mirror, the focus of market participants will return to the economic release calendar in the leadup to the Federal Open Market Committee’s next meeting. Importantly, policymakers will have two new sets of soundings on labor market conditions and consumer price inflation when they next convene on September 20...

Jul 28, 2023

Standard & Poor’s Report on FHLBNY

Mar 18, 2020

Standard & Poor’s Report – FHLB System Analysis

Sep 14, 2020

Determining Your Borrowing Capacity

Mar 18, 2020

Report from the President: One Year Into a 100-Year Review

One Year Into a 100-Year Review It was in this report one year ago that I first highlighted to our members the Federal Housing Finance Agency’s FHLBank System at 100: Focusing on the Future initiative, which FHFA Director Sandra Thompson announced at a House Financial Services Committee hearing on July 20, 2022. The effort, created with a view towards the 100th anniversary of the Federal Home Loan Bank System in 2032, is aimed at ensuring that the Home Loan Banks are best positioned to continue to act on our mission and meet the needs of our members and the communities we serve, today and well into...

Aug 03, 2023

Report from the President: FHLBNY Announces 0% Development Advance Program

On June 5, the Federal Home Loan Bank of New York announced our new 0% Development Advance Program, which expands upon our successful Business Development Advance (BDA) to provide a full suite of zero percent advance products to provide members with subsidized funding to assist in the originating or purchasing of loans that address a number of key local community needs...

Jun 06, 2023

MSD Weekly Market Update: Week Ending August 11, 2023

Market participants will contend with a crowded calendar of data this upcoming week, many of which could influence economists’ forecasts for current quarter real GDP growth. The current median projection calls for an annualized gain of .7%, ending the string of above-trend gains witnessed since last summer. With little input data available, however, the range of estimates is wide...

Aug 11, 2023

About – Diversity & Inclusion

At the FHLBNY, the ideals of mutual respect, teamwork, and serving the diverse communities in our district are at the core of our corporate culture and are the driving force behind our diversity and inclusion efforts.

Apr 29, 2019

Preliminary Eligibility

Answer the following questions to see if you qualify for membership at the Federal Home Loan Bank of New York or jump to the Preliminary/Eligibility worksheets. It is also recommended that you view the Application Process Checklist to understand the requirements before you apply.

Apr 25, 2019

MSD Weekly Market Update: Week Ending August 18, 2023

The economic data flow will slow to a trickle this coming week. Readings on existing and new home purchases in July are expected to be mixed. Soundings on both initial and continuing jobless claims probably will remain in recent ranges. Reflecting developments in the aeronautic industry, durable goods orders likely headed lower last month. With last week’s slate of key indicators eclipsing Street expectations by a wide margin, economists’ projections for real GDP growth during the summer quarter are poised for sizable markups...

Aug 18, 2023

Getting Started with the FHLBNY Mortgage Data Reporting

COL-012

May 15, 2019

Delivery of Mortgage Collateral Procedures

COL-106

May 15, 2019

Pledge Questionnaire

COL-125

May 16, 2019

Bylaws

Mar 18, 2020

Consolidated Obligations Overview

Mar 18, 2020

Grant Recipients – August 2023

Content will update later

Aug 21, 2023

FHLBNY Declares an 8.50% Dividend for the Second Quarter of 2023

I am pleased to announce that, on August 17, 2023, our Board of Directors approved a dividend for the second quarter of 2023 of 8.50% (annualized). The dividend proceeds will be distributed to FHLBNY member financial institutions on August 18, 2023...

Aug 17, 2023

Grant Recipients – Dec2021

Affordable Housing Program Awardees – December 2021

Dec 17, 2021

FHLBNY Awards $42 Million For 42 Affordable Housing Initiatives

New York, NY -- José R. González, president and CEO of the Federal Home Loan Bank of New York (“FHLBNY”), announced that the FHLBNY has awarded $41.98 million in subsidies to fund 42 affordable housing initiatives throughout New Jersey, New York, Puerto Rico, the U.S. Virgin Islands, California, Connecticut, Florida, Pennsylvania and Texas...

Aug 22, 2023

Assignment of Mortgage Collateral

COL-115

May 16, 2019

Price Incentives for Advances Executed Before Noon – Starting Tuesday, September 5, 2023

We are pleased to announce that beginning Tuesday, September 5, 2023, the Federal Home Loan Bank of New York (FHLBNY) will introduce price incentives for advances executed before noon each business day. This pricing incentive offers an opportunity to provide economic value to our Members, while improving cash and liquidity management for the FHLBNY.

Aug 23, 2023

MSD Weekly Market Update: Week Ending August 25, 2023

A crowded release calendar upcoming, the marquee report will undoubtedly be the Bureau of Labor Statistics update on the employment situation in August. Payroll employment growth probably quickened last month, while the jobless rate clocked in near a half-century low. An early canvassing period may result in a smaller-than-expected rise in average hourly earnings, adding to hopes that wage inflation is moderating...

Aug 25, 2023

Establishing an Accommodation Account

Mar 18, 2020

Municipal Letters of Credit

Mar 18, 2020

Fixed-Rate Advance with a SOFR Cap

Fixed-Rate Advance with a SOFR Cap

Apr 18, 2023

Advance Rebate Program & FAQs

Mar 18, 2020

CICA Regulation

Link

Aug 14, 2020

File Transfer System Guide

COL-014

May 15, 2019

File Transfer System Enrollment Form

COL/APP-002

May 16, 2019

Technical Instructions for Transmitting Files Using the FHLBNY File Transfer System

COL-013

May 15, 2019

Report from the President: A Vital Mission, A Proven Value

This month, we expect our regulator, the Federal Housing Finance Agency (“FHFA”), to release a report containing a set of recommendations stemming from its FHLBank System at 100: Focusing on the Future review. This initiative was announced a year ago, and the first set of public listening sessions took place in September 2022. The FHFA began the initiative...

Sep 05, 2023

MSD Weekly Market Update: Week Ending September 8, 2023

With Federal Reserve officials observing the traditional blackout period ahead of the September 19-20 FOMC meeting, market focus will be on the data calendar this week. August updates on consumer prices likely will be mixed. A nearly 12% pop in seasonally adjusted gas prices likely fueled the largest increase in the Consumer Price Index (CPI) since January, yet ongoing declines in...

Sep 08, 2023

MSD Weekly Market Update: Week Ending September 15, 2023

The FOMC meeting will be the marquee event this coming week. Policymakers are expected to leave the target range for the federal funds rate unaltered at 5¼% to 5½%. Given the continuing string of positive data surprises, the post-meeting communiqué likely will reiterate that the economy is expanding at a moderate pace. The statement probably...

Sep 15, 2023

MRB Median Income Guidelines for Puerto Rico

AHP-011PR

Jan 13, 2020

HUD Median Income Guidelines for US Virgin Islands

Feb 28, 2022

Symmetrical Prepayment Advance Feature

Mar 18, 2020

FHLBNY Access System Requirements

1Link® System Requirements

Dec 17, 2019

MRB Median Income Guidelines for New Jersey

Jun 01, 2021

Diversity & Inclusion

At the Federal Home Loan Bank of New York (FHLBNY), the ideals of mutual respect, teamwork, and serving the diverse communities in our district are at the core of our corporate culture and are the driving force behind our diversity and inclusion efforts.

Apr 11, 2019

MSD Weekly Market Update: Week Ending September 22, 2023

Having weathered the latest FOMC and digested its updated interest rate projections, the market will likely next focus on scheduled public appearances by Fed officials for additional color on their current thinking. On the data calendar...

Sep 22, 2023

Membership List

Please note that the addresses listed are for headquarter locations. Members may operate in multiple states, so please refer to their websites for additional information.

May 02, 2019

MSD Weekly Market Update: Week Ending September 29, 2023

Market participants will contend with a crowded economic release calendar as the fourth quarter begins. The marquee report of the week will be the Bureau of Labor Statistics’ update on the employment situation in September. The pace of job creation...

Sep 29, 2023

Disaster Relief Funding

Flexibility and speed are crucial in the initial stages of recovery from disaster.

Apr 25, 2019

Introducing a New URL to Access Your FHLBNY Systems

The Federal Home Loan Bank of New York will be updating the URL link to access our three systems: 1Link®, the Community Lending Programs System, and the Affordable Housing Program System...

Sep 11, 2023

Update to the Member Products Guide & Correspondent Services Manual

The Federal Home Loan Bank of New York (“FHLBNY”) has updated its Member Products Guide (“Guide”) and the Correspondent Services Manual (“Manual”). The Guide and Manual detail the FHLBNY’s credit...

Oct 05, 2023

MSD Weekly Market Update: Week Ending October 6, 2023

Having weathered the Bureau of Labor Statistics’ update on the employment situation in September, the market’s focus will turn to the inflation side of the Federal Reserve dual mandate. Owing to subdued energy prices and smaller shelter cost increases...

Oct 06, 2023

AHP System – How to Submit a Progress Report Milestone

Apr 19, 2023

AHP System – How to Submit a Drawdown Request

Apr 19, 2023

AHP System – How to Submit an Initial Monitoring Item

Apr 19, 2023

AHP System – How to Submit a Long-Term Monitoring Item

Apr 19, 2023

Community Lending Programs System User Guide

Nov 02, 2021

FHLBNY Capital Plan 2022

Jul 26, 2021

HDP Member Participation Agreement

HDP-001

May 16, 2019

MSD Weekly Market Update: Week Ending October 13, 2023

Market participants will contend with a busy economic data calendar and appearances by Fed officials this week. Reports on retail sales, industrial production, and new residential investment will allow economists to finalize their projections for Q3 real GDP growth. The consensus projection currently calls for...

Oct 13, 2023

2023 FHLBNY Board Elections Are Underway

On October 16, 2023, the 2023 Federal Home Loan Bank of New York (FHLBNY) Director Election ballot package was distributed electronically to eligible FHLBNY members...

Oct 17, 2023

AHP Owner-Occupied Income Verification Worksheet

AHP-150

Jul 15, 2019

The Membership Application Package contains all the information and required agreements and forms. You have the option to print out the forms individually in this file.

HLB/APP-001

May 16, 2019

MSD Weekly Market Update: Week Ending October 20, 2023

With policymakers observing the traditional blackout period on public appearances ahead of the October 31-November 1 Federal Open Market Committee meeting, market focus will center on the economic release calendar. The marquee report will undoubtedly be the Bureau of Economic Analysis’ (BEA) initial pass at real GDP growth during the summer quarter...

Oct 20, 2023

Municipal Bond Pledge Form

Oct 24, 2023

Forms & Agreements

FHLBNY Forms & Agreements can be downloaded here

Sep 17, 2019

Municipal Bonds are Now Eligible Collateral

The Federal Home Loan Bank of New York is pleased to announce that, effective October 26, 2023, we will accept Municipal Bonds with a real estate nexus that carry a minimum NRSRO rating of “AA- or above” or equivalent as eligible collateral from member institutions...

Oct 26, 2023

MSD Weekly Market Update: Week Ending October 27, 2023

The Federal Open Market Committee meeting will be the marquee event this coming week. Policymakers are expected to leave the target range for the fed funds rate unaltered once again at 5¼% to 5½%. Given the continuing string of positive data surprises, the post-meeting communiqué likely will reiterate that the economy has been expanding at a solid pace...

Oct 27, 2023

Collateral System Format (CAMS)

COL-121

May 16, 2019

Report from the President: FHLBNY Announces Third Quarter 2023 Operating Highlights

Across the country, Federal Home Loan Bank liquidity is important for financial stability as it helps ensure that local lenders have funds to lend in all credit environments for homeownership and rental housing, small businesses, agriculture and other lending activities that drive community and economic development...

Nov 02, 2023

Coming Soon: The 2023 Small Business Recovery Grant Program

The Federal Home Loan Bank of New York (FHLBNY) is pleased to announce that we will be offering $5 million in grant funding under the 2023 Small Business Recovery Grant (SBRG) Program in November. The SBRG Program provides grant funds to benefit FHLBNY members’ small business and non-profit customers. This year, the FHLBNY simplified the eligibility criteria and submission process to ensure rapid deployment of funds to eligible recipients...

Oct 30, 2023

FHLBNY Announces Third Quarter 2023 Operating Highlights

New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter ended September 30, 2023. “Our results for the third quarter of 2023 reflect the continued strength and stability of our franchise, and the vital importance of our foundational liquidity mission...”

Oct 25, 2023

Bulletins

News - Bulletins

Nov 16, 2020

MSD Weekly Market Update: Week Ending November 10, 2023

After a relatively quiet data week, the upcoming week serves a more high-profile set of releases. The economic data will be watched closely for clues on further deceleration in inflation, via the Consumer and Producer price index reports...

Nov 10, 2023

Dividend Announcement 3Q23: FHLBNY Declares a 9.50% Dividend for the Third Quarter of 2023

I am pleased to announce that, on November 15, 2023, our Board of Directors approved a dividend for the third quarter of 2023 of 9.50% (annualized). The dividend proceeds will be distributed to FHLBNY member financial institutions on November 16, 2023...

Nov 15, 2023

Larry E. Thompson Elected Chair of the FHLBNY

New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) announced today that Larry E. Thompson has been elected by its Board of Directors (“Board”) to serve as Board chair for a two-year term that will commence on January 1, 2024. Mr. Thompson, who is the former vice chairman of The Depository Trust & Clearing Corporation, has served on the FHLBNY’s Board as a Member Director representing the interests of the FHLBNY’s members since January 1, 2014...

Nov 16, 2023

MSD Weekly Market Update: Week Ending November 17, 2023

Market participants will face a comparatively quiet economic release calendar ahead of the annual Thanksgiving holiday. Existing home sales and nondefense capital equipment deliveries figures for October may prompt minor tweaks to economists’ Q4 real GDP growth tracking estimates, which currently appear centered near an annual rate of 2%...

Nov 17, 2023

Diversity and Inclusion Policy

Mar 18, 2020

FHLBNY Webinar – Taking Stock of the Current Economic Expansion

Jun 24, 2021

FHLBNY Announces Results of 2023 Board of Director Elections

The Federal Home Loan Bank of New York (“FHLBNY”) announced today the results of the 2023 election for four positions on the FHLBNY’s Board of Directors (“Board”) whose terms will each commence on January 1, 2024. The terms of all the positions will run for four years, expiring on December 31, 2027...

Nov 27, 2023

2024 HDP Virtual Training Webinar Presentation

Nov 28, 2023

Life Insurance Companies Eligibility Worksheets

HLB-009

May 16, 2019

Health Insurance Companies Eligibility Worksheets

Apr 28, 2022

Property & Casualty Insurance Companies Eligibility Worksheets

Apr 28, 2022

MSD Weekly Market Update: Week Ending December 1, 2023

With policymakers observing the traditional blackout period on public appearances ahead of the December 11-12 Federal Open Market Committee meeting, the market’s focus will fall squarely on the economic data calendar. The Bureau of Labor Statistics’ update on the employment situation in November will be the marquee release. Buoyed by the returns of striking workers, nonfarm payrolls probably expanded by 230K last month, after the below-consensus 150K rise posted in October. The unemployment rate during the reference period is a much trickier call...

Dec 01, 2023

Report from the President: Focusing on the Future

On November 7, 2023, the Federal Housing Finance Agency released its much-anticipated review of the Federal Home Loan Bank System, FHLBank System at 100: Focusing on the Future. I would once again like to thank our members – and all stakeholders from throughout our District and across the System...

Dec 07, 2023

Wire Transfer Agreement

HLB-108

Jul 28, 2019

HDP Homebuyer Certification

HDP-004

Jul 16, 2019

AHP/HDP Zero-Income Certification

AHP/HDP-001

Jul 16, 2019

Careers

Our mission is to advance housing opportunity and local community development by supporting members in serving their markets. As an employer, our main goal is to empower, develop and advance our employees and their careers.

Apr 11, 2019

2024 HDP Round Request Form

HDP-005

Jul 17, 2019

MSD Weekly Market Update: Week Ending December 15, 2023

Having weathered the final Federal Open Market Committee meeting of the year and digested policymakers’ updated projections, the market’s focus will return to economic data. Soundings from the residential real estate market are expected to be mostly positive...

Dec 15, 2023

Progress Reporting Overview

Dec 19, 2023

MSD Weekly Market Update: Week Ending November 3, 2023

Following an eventful and volatile week, the upcoming week offers a marked downshift of the data calendar. With the Fed now out of blackout mode, the markets will surely follow Fed member comments on the economy and prospective rate path...

Nov 03, 2023

MSD Weekly Market Update: Week Ending December 8, 2023

The Federal Open Market Committee (FOMC) meeting will be the focus this week. Policymakers are almost universally expected to leave the target range for the federal funds rate unaltered at 5¼% to 5½%. Given the narrowing string of positive data surprises since...

Dec 08, 2023

MSD Weekly Market Update: Week Ending August 04, 2023

Having digested key labor-market readings for July, the market will turn its focus to the inflation side of the Federal Reserve’s dual mandate. Available data on important retail goods and services costs hint that yet another positive surprise could be in store in the July consumer price report, dampening market expectations of any additional hikes in the federal funds rate target range over the balance of this year. Echoing purchasing manager reports, small business sentiment probably improved in July...

Aug 04, 2023

MSD Weekly Market Update: Week of December 21, 2020

With Federal Reserve policymakers taking a well-deserved rest from the lecture circuit, the focus of market participants will turn to a series of pre-Christmas economic releases. Echoing the upbeat survey from the University of Michigan, the Conference Board’s sentiment gauge probably ended the year on a high note. Existing home sales likely took a breather last month, but contracts to purchase newly constructed dwellings probably...

Dec 21, 2020

Introducing HDP® Plus from the FHLBNY

The Federal Home Loan Bank of New York (FHLBNY) is excited to announce a new first-time homebuyer program for our members in 2024 – the Homebuyer Dream Program® Plus (HDP® Plus). This new program was created to further our efforts to increase access to homeownership for households in our District, and is a complementary program to our existing annual Homebuyer Dream Program® Round...

Jan 02, 2024

The Atlantic Federal Credit Union Donates $50,000 in FHLBNY Small Business Recovery Grants to Local Nonprofit Organizations

SPRINGFIELD, NJ – The Atlantic Federal Credit Union (“The Atlantic”) distributed $50,000 in grant funding to five local nonprofit organizations through the Federal Home Loan Bank of New York Small Business Recovery Grant Program (“SBRG”). The SBRG is designed to support the financial security and health of organizations that have faced economic challenges due to the rate environment, inflation, supply-chain constraints, and/or rising energy costs...

Dec 12, 2023

MSD Weekly Market Update: Week Ending January 5, 2024

Having digested the Bureau of Labor Statistics’ update on the employment situation in December, the focus of market participants will turn to the inflation side of the Federal Reserve’s dual mandate this week. Headline and core consumer price gauges are expected to have posted modest increases in the final month of the year, with year-to-year growth rates remaining well above the Fed’s desired target...

Jan 05, 2024

Merchants Commercial Bank Supports Five Local Businesses With $10k Small Business Recovery Grant

Through our Small Business Recovery Grant (SBRG) Program, our member, Merchants Commercial Bank, has granted five local businesses $10,000 each to help address financial challenges due to the rate environment, inflation, supply-chain constraints, and/or rising energy costs. The five grant recipients are B. Kraft Cooks, Alliance Point Charter, LLC, Global Marine LLC, Island Green Building Association, Inc., and My Brother's Workshop...

Dec 18, 2023

HDP Funding Request Tutorial

HDP Funding Request Tutorial 2023

Apr 07, 2021

HDP Reservation Request Tutorial

HDP Reservation Request Tutorial 2023

Apr 07, 2021

FHLBNY File Transfer System Tutorial

HDP SFTP Request Tutorial 2023

Apr 07, 2021

Information for First-Time Homebuyers

The HDP offers grants up to $15,000! The FHLBNY will grant up to $14,500 towards down‑payment and closing cost assistance to eligible first-time homebuyers purchasing a home through one of our approved community‑based, member‑lenders.

Mar 28, 2019

Homebuyer Dream Program® Reservation Request

New household reservation requests must be submitted to the FHLBNY by authorized Member representatives via the Bank’s Secure File Transfer System for households who meet eligibility requirements as established in the Homebuyer Dream Program Guidelines.

Mar 28, 2019

Funding Request

Grant funds under the HDP are disbursed to the member on a post-closing basis.

Mar 28, 2019

Schedule of Customer Affiliate Structures Status of Pledge or Non-Pledge of Assets

COL-131

May 15, 2019

Report from the President: Looking at the Year Ahead

Each year, January is a time to focus on resolutions – the actions and changes we plan to make to become a better version of ourselves in the year ahead. In 2024, this takes on a particular meaning for the Federal Home Loan Banks on the heels of the November 2023 release of the Federal Housing Finance Agency’s FHLBank System at 100: Focusing on the Future report, which contains a number of recommendations that have the potential to enhance the positive impact that the Federal Home Loan Bank System makes for our members, the communities we serve, and broader financial stability...

Jan 09, 2024

2017 Annual Report to Members

Mar 18, 2020

Finger Lakes Federal Credit Union Awarded $50,000 to Local Small Business Community

Finger Lakes Federal Credit Union awards Geneva American Legion Winnick Post #396 a $10,000 Small Business Recovery Grant made available though the Federal Home Loan Bank of New York’s 2023 Small Business Recovery Grant Program. The Geneva American Legion was one of eleven eligible local small businesses and non-profit organizations to qualify and receive grants from this program this round. Pictured is Commander AJ Fratto...

Dec 27, 2023

HDP Forms, Guidelines and Agreements

Prior to the completion and submission of the request, we recommend you review the tutorials available on FHLBNY’s YouTube channel, displayed below.

Jul 14, 2019

Sitemap

FHLBNY Sitemap

Apr 08, 2020

Homebuyer Dream Program® Guidelines

HDP-003

Jul 17, 2019

Banks & Thrifts

Our banking sector makes up more than 63% of our member base and has long since enjoyed the benefits of membership with the Federal Home Loan Bank of New York (FHLBNY).

May 06, 2019

MSD Weekly Market Update: Week Ending January 12, 2024

With end-of-year employment and inflation data already released, the market likely will turn to gauging the pace of economic activity during Q4 2023. This week’s reports on retail sales, industrial production, and new residential investment activity in December will allow economists to bolster their estimates of real consumer spending...

Jan 12, 2024

MSD Weekly Market Update: Week Ending January 19, 2024

With policymakers observing the traditional blackout period on public appearances ahead of the January 30-31 Federal Open Market Committee meeting, the focus of market participants will be on the economic release calendar. The Bureau of Economic Analysis’ advance report on Q4 real GDP growth will undoubtedly be the marquee release. Inflation-adjusted business activity is expected to have slowed to a 1.8% annualized pace during the Fall, but as is usually the case with the first look, the range of projections is wide...

Jan 19, 2024

Housing & CLP Quick Reference Guide

Mar 18, 2020

2024 Update to the Member Products Guide & Correspondent Services Manual

The Federal Home Loan Bank of New York (“FHLBNY”) has updated its Member Products Guide (“Guide”) and the Correspondent Services Manual (“Manual”). The Guide and Manual detail the FHLBNY’s credit, collateral and correspondent services...

Jan 25, 2024

Homebuyer Dream Program® Plus Guidelines

Jan 11, 2024

2024 HDP Plus Virtual Training Webinar Presentation

Jan 16, 2024

HDP & HDP Plus File Transfer System Enrollment Form

HDP-002

May 16, 2019

Letter of Credit Guide

HLB-112

May 16, 2019

Instructions for Applying for a FHLBNY Letter of Credit

HLB-114

May 16, 2019

Irrevocable Letter of Credit Reimbursement Agreement

HLB-115

May 16, 2019

Application for Issuance of Irrevocable Letter of Credit

HLB-116

May 16, 2019

MULOC Issuance Application

HLB-117

May 16, 2019

Refundable Municipal Letter of Credit Application

HLB-118

May 16, 2019

Refundable Municipal Letter of Credit Certification Form

HLB-118R

May 16, 2019

Refundable Municipal Letter of Credit Application (Issued Prior June 1, 2020)

HLB_118r Issued Prior June 2020

Jun 01, 2020

Advances Modification Certification

HLB-127

May 16, 2019

Mirror, Mirror, on the Wall, Is My Funding Strategy the Fairest of Them All?

As the current interest rate cycle progresses, the yield curve has inverted with long-term treasury rates testing historic lows. The push on deposit growth in 2018 has left many banks and credit unions with a higher cost of funds than in years past,...

Sep 03, 2019

You Have the Power — Using the Callable Advance for Flexible Funding in Challenging Times

The Callable Advance was developed in consultation with our members to help meet their changing liquidity needs and to assist in their asset/liability management. The Callable Advance is essentially a Fixed-Rate Advance that gives members the option of calling (terminating)...

Sep 09, 2019

Positioning Your Institution for Success

What if you had the ability, through your membership in the FHLBNY, to optimize your balance sheet, reduce risk, enhance your bottom line, grow capital or invest in your business? Being a member of the Federal Home Loan Bank of New York (FHLBNY) puts you in a powerful position to...

Sep 09, 2019

Achieve Optimal Performance: Balance Sheet Strategies for a Flattening Yield Curve Environment

Following a period of prolonged economic weakness, the economy is finally heating up and the Federal Reserve is tightening by raising interest rates. While net interest margins are improving for many, others are feeling the squeeze...

Sep 12, 2019

Amortizing Advances

Some members elect to sell long-term, fixed-rate residential mortgages to the secondary market rather than confront the interest rate risk associated with these loans. Forgoing the spread associated with residential mortgages could be a missed opportunity for financial institutions.

Sep 09, 2019

Interest Rate Risk, Liquidity, and the Net Economic Value Supervisory Test

Interest rate risk is a paramount regulatory concern. Managing that risk and being able to justify your balance sheet strategies is critical to success. This session will give our Credit Union membership the tools they need to overcome challenges and make the most of...

Sep 12, 2019

Taking Stock of the Current Economic Expansion

On a monthly basis, the recovery from the pandemic-induced shuttering of the U.S. economy marked its one-year anniversary in April. Buoyed by massive fiscal support and expanding COVID-19 vaccinations...

Jul 26, 2021

Beyond the Recovery Phase of the Economic Expansion

Consistent with recession probability models, the National Bureau of Economic Research announced in mid-July that the recession triggered by the public healthcare crisis ended in April 2020...

Sep 09, 2021

Creating a High Performing ALCO: Making the Complex, Simple!

Join Darling Consulting Group Managing Director, Frank Farone, for this timely and strategically focused webinar. This session will provide a roadmap to create a highly efficient asset-liability management...

Oct 07, 2021

LIBOR Transition: Fourth Quarter or Overtime?

The transition away from LIBOR has been years in the making. This year was to be the Fourth Quarter with the end of LIBOR targeted to be December 31, 2021. Recently, the Official Sector confirmed...

Apr 22, 2021

The Evolution of CDFIs and Their Growing Partnership Opportunity with the FHLBNY

A discussion about the growing partnership between CDFIs and the Federal Home Loan Bank of New York. Our special guest presenter, Clifford Rosenthal, has served in the CDFI movement’s leadership...

Apr 29, 2021

Evolution of Payments

After a long period of gradual advancements, we see an accelerated pace of change and innovation across the payment space. The financial services industry will undoubtedly have to adapt quickly to these coming changes. In this one-hour session...

Apr 29, 2021

ALCO Decision Making—Making the Right Decisions at the Right Time

In a period of slow economic growth, many credit unions face unprecedented challenges. Pressure on net interest margins, declining fee revenues, and heightened operating regulatory expenses all have contributed to the decline in bottom-line income...

Oct 01, 2014

Collateral Practices During COVID-19

This educational webinar to explore the issues impacting member collateral during the COVID-19 crisis. Topics will include valuations, loan forbearance programs, acceptance of....

May 21, 2020

Paycheck Protection Program (PPP) Loans: Entering the Next Phase

Our members that PPP lending has been a primary focus, with many unknowns still yet to unfold. In this session, we welcome Michael Schor and Sunil Kapur of Deloitte, who will explore topics such as...

Jun 02, 2020

Our Year of the Pandemic: An Industry Review

Despite the very difficult operating environment driven by the pandemic, many FHLBNY members actually increased profits in 2020. This webinar provides a look at the pandemic, the current and future state of our industry, and how to apply...

Feb 17, 2021

Balance Sheet Strategies with 2020 Hindsight: Margin & Earnings Pressures Intensifying

As we enter 2021, lower interest margins and net interest income pressures continue across the industry with no end in sight. Credit-related uncertainties and concerns are also notably elevated, as evidenced by a spike in CECL/ALLL provisions...

Mar 11, 2021

The Next M&A Wave is Here: What are the implications for consolidators and independent-minded institutions?

As we emerge from the current COVID-19 crisis, we are seeing significant structural changes occurring within the financial industries that are certain to impact the pace of M&A. The low-rate environment...

Mar 25, 2021

You Can’t Predict, But You Can Prepare: Getting Ready for the Rest of 2021

Back by popular demand, Scott Hildenbrand presents a timely discussion focused on balance sheet strategies and tactics in the current operating environment...

Apr 08, 2021

ESG & Climate Risk: An Introduction for Financial Services Institutions

There is an increased focus on Environment, Social, and Governance (ESG) factors for financial institutions, and opportunities for your organization to reap the benefits of acting in the long term. This presentation will provide participants with an introduction to ESG concepts...

May 13, 2021

Balance Sheet Strategies vs. Tactics: Preparing for Q4 and 2021

There are effective tactics worth examining and executing in today's rate environment and economic landscape. But don't get comfortable that you have set a strategy simply by executing tactics...

Oct 15, 2020

Starting the Year Right: Strategies for Success in 2021

As we enter a new year still amid a global pandemic, it is becoming quite clear that 2021 will begin with a tremendous amount of uncertainty. The new year will pose a challenging operating environment to our members marked by strong headwinds and some of the following unanswered questions...

Dec 01, 2020

Turning the Page: The U.S. and Local Economic Outlook

The year ahead appears poised to be a turning point for the U.S. and local economies. The discovery and growing distribution of vaccines against COVID-19 should allow a return to some normalcy later this year. At the same time, a new administration in Washington implies that fiscal policy will play a greater role as business activity recovers from the health crisis.

Feb 08, 2021

Looking for Light at the End of the Tunnel

The COVID-19 outbreak has triggered the sharpest contraction in U.S. economic activity and rise in unemployment since the Great Depression...

Jun 03, 2020

The Great Transition: LIBOR to SOFR

In this webinar, Rei Shinozuka summarized the history of the London Interbank Offered Rate (LIBOR), and why U.S. dollar rates are transitioning to the Secured Overnight Financing Rate (SOFR)...

Jun 28, 2020

Lending in the Midst of a Perfect Storm

Navigating through this current crisis presents formidable challenges for our members relating to diminished loan demand, a very difficult rate environment....

Jun 08, 2020

Managing Depositors and Deposit Flows

Managing deposit costs is more than just pricing. In this second session of the two-part webinar series presented by Parliment Consulting Services, Janet Lockwood presents analytical tools...

Jun 23, 2020

How Strong a Rebound?

The US Economy is gradually re-opening and there are encouraging signs that the coming recovery may indeed be V-shaped. Is such optimism warranted with lingering headwinds from the pandemic still on the horizon...

Aug 13, 2020

Digital Transformation Simplified

The COVID-19 pandemic has made it even more clear that community financial institutions matter. It has also highlighted an open secret - outdated technology is holding back the industry, and banks...

Sep 23, 2020

Looking Ahead to the Grand Reopening

Following a period of prolonged economic weakness, the economy is finally heating up and the Federal Reserve is tightening by raising interest rates. While net interest margins are improving for...

May 15, 2020

ALM Strategies for Unprecedented Times

In this virtual event series, the webinar is a moderated discussion which addresses the current health crisis and its significant impacts on the balance sheets of our members....

May 18, 2020

MSD Weekly Market Update: Week Ending January 26, 2024

The Federal Open Market Committee (FOMC) meeting will be the main event this week. Policymakers are expected to leave the rate target range unaltered at 5¼% to 5½%. The post-meeting communiqué likely will repeat that recent indicators suggest that economic activity has slowed from its strong Q3 pace and reiterate that job gains have moderated since earlier in the year but remain strong and that the unemployment rate has remained low...

Jan 26, 2024

MSD Weekly Market Update: Week Ending February 2, 2024

Having weathered yet another Federal Open Market Committee (FOMC) meeting with no change in administered rates, market participants will face an extremely light economic release calendar this upcoming week. Service-sector activity probably reaccelerated at the beginning of the New Year, after the slowdown reported in December. Potentially adding a modest boost to the estimated pace of real GDP growth in Q4, the international trade deficit is expected to close marginally lower in December...

Feb 02, 2024

De Novo Membership Requirements

Mar 18, 2020

MSD Weekly Market Update: Week Ending February 9, 2024

The market will contend with a crowded economic release calendar this upcoming week. While the FOMC’s focus on reining in inflation suggests that the January update on consumer prices will be the marquee report, last month’s soundings on retail sales, industrial production and residential construction activity could have material impacts on current-quarter real GDP growth projections...

Feb 09, 2024

Information about RSA Soft Tokens

RSA Soft Token User Guide for CLP

Aug 27, 2021

Dividend Announcement 4Q23: FHLBNY Declares a 9.75% Dividend for the Fourth Quarter of 2023

I am pleased to announce that, on February 15, 2024, our Board of Directors approved a dividend for the fourth quarter of 2023 of 9.75% (annualized). The dividend proceeds will be distributed to FHLBNY member financial institutions on February 16, 2024...

Feb 15, 2024

Progress Reporting Overview with Parallel Spanish Translation

Feb 12, 2024

2024 AHP Implementation Plan with Parallel Spanish Translation

Feb 12, 2024

Homebuyer Dream Program® Guidelines with Parallel Spanish Translation

Feb 12, 2024

MSD Weekly Market Update: Week Ending February 16, 2024

Returning from the Presidents Day holiday, market participants will face an extremely quiet economic release calendar. The continuing decline in the Conference Board’s Index of Leading Economic indicators is expected to have moved one month closer to its two-year anniversary in January. Initial claims for unemployment insurance probably remained historically low during the reference period for the February employment situation report...

Feb 16, 2024

HDP Plus Round Request Form

Jan 11, 2024

2024 HDP Plus Virtual Training Webinar Presentation with Parallel Spanish Translation

Feb 12, 2024

Code of Business Conduct and Ethics

Mar 18, 2020

FHLBNY Announces Fourth Quarter and Full-Year 2023 Operating Highlights

New York, New York — The Federal Home Loan Bank of New York (FHLBNY) today released its unaudited financial highlights for the quarter and year ended December 31, 2023. The FHLBNY’s net income for 2023 was $751.1 million, an increase of $333.7 million, or 80.0%, from net income of $417.4 million for 2022. Net interest income for the year was $995.3 million, an increase of $361.6 million, or 57.1%, from $633.7 million for 2022...

Feb 21, 2024

Mid-Year Outlook: Managing Through Rising Risks

Join Kristina Hooper as she discusses her outlook for the economy and markets for the remainder of 2023 and beyond. From recent challenges in the banking industry to inflation to earnings, 2023 has already faced a variety of uncertainties...

May 25, 2023

Responsible Lending Policy

The Federal Home Loan Bank of New York (“FHLBNY”) promotes the expansion of fair and equitable home ownership opportunities. We advocate flexible lending practices that are designed to responsibly service borrowers and enhance credit access for both prime and non-prime borrowers, including those with long term affordability credit needs.

Mar 28, 2019

FHLBNY Municipal Letters of Credit

Our Municipal Letter of Credit (MULOC) Program is a reliable and secure form of collateralization for State and municipal deposits in all operating environments. During recent severe market stress our MULOCs performed as designed, with municipal deposits remaining fully collateralized, safe and secure. For more information regarding the benefits and the safety of the FHLBNY’s MULOC program...

Mar 31, 2023

ESG and Climate Risk in Financial Services: Evolution, Expectations and Challenges

We are delighted to host another informative session with Deloitte subject matter specialists on key ESG concepts. There is an increased focus on Environment, Social, and Governance (ESG) factors for financial institutions, with an emphasis on Climate Risk...

Aug 25, 2022

Addressing Potential Risks with the Fixed-Rate Advance with a SOFR Cap

As we emerge from the pandemic we are now in a new interest-rate cycle highlighted by a rising rate of inflation accompanied by the Fed taking significant action to tighten, raising short-term interest rates at a rapid cadence while at the same time shrinking the size of their balance sheet...

Sep 30, 2022

Solving the Liquidity Challenge for Credit Unions

We are delighted to host our first informative session of 2023. This webinar will address current and upcoming liquidity challenges in our industry and what credit unions should consider doing to develop a “best practice” approach to liquidity management. Deposits are down, cash levels are shrinking, and wholesale funding is on the rise...

Feb 23, 2023

MSD Weekly Market Update: Week Ending February 23, 2024

Market participants will contend with a very crowded economic release calendar this upcoming week. Updates on capital equipment deliveries, consumer spending, motor vehicle purchases, and new home sales in January likely will prompt economists to refresh their tracking estimates for current-quarter real GDP growth...

Feb 23, 2024

Securities Account Control Agreement

SFK-007

May 16, 2019

MSD Weekly Market Update: Week Ending March 1, 2024

Market participants will face a heavy data calendar and public appearances by Fed officials this week. The marquee economic report will be Friday’s BLS’ update on the employment situation in February. Labor market conditions likely remained extremely tight last month. Recent soundings on initial and continuing jobless claims point to a 250K rise in nonfarm payrolls, after a pair of 300K-plus leaps in November and December. Due to an extremely favorable shift in weather conditions between the January and February establishment survey periods, however, that projection could prove too low. The number of persons unable to work because of inclement weather clocked in at 553K in January, double the average witnessed over the prior ten years for that month...

Mar 01, 2024

Form a Strategic Alliance with an FHLBNY Letter of Credit

As a key partner in financing, the Federal Home Loan Bank of New York (FHLBNY) issues highly-Regular Letters of Credit (L/Cs)rated Letters of Credit (L/C) on behalf of its members to support liquidity, asset/liability management, and housing, community, and economic development activities.

Mar 28, 2019

Report from the President: A Critical, Stabilizing Role

On February 15, 2024, the House Financial Services Committee’s Subcommittee on Financial Institutions and Monetary Policy held a hearing entitled Lender of Last Resort: Issues with the Fed Discount Window and Emergency Lending to consider potential legislative changes to the distribution of emergency liquidity in times of market stress...

Mar 05, 2024

The SOFR-Linked Adjustable Rate Credit Advance

Members can transact floating-rate advances using the new SOFR index without overall Program or per-member limits. In addition, the Program now has maturities available from 75 days and beyond..

Sep 30, 2019

MSD Weekly Market Update: Week Ending March 8, 2024

With monetary policymakers observing the traditional blackout period on public appearances ahead of the March 19-20 Federal Open Market Committee meeting, all eyes will be on the economic release calendar. The Bureau of Labor Statistics’ update on consumer goods and services costs in February likely will be the marquee report. The Street is anticipating mixed results, with overall prices quickening but the core consumer price gauge slowing. On a year-over-year basis, the growth rates of both measures are expected to remain well above the Federal Reserve’s desired 2% target. Soundings on retail sales and industrial production will allow economists to update their tracking estimates of real GDP growth during the current quarter...

Mar 08, 2024

MSD Weekly Market Update: Week Ending March 15, 2024

The Federal Open Market Committee (FOMC) meeting will be the marquee event of the upcoming week. Policymakers are almost universally expected to leave the federal funds rate target range unaltered at 5¼% to 5½%. The post-meeting communiqué likely will reiterate that economic activity has been expanding at a solid pace and that, while job gains have moderated from early last year, they remain strong, and the unemployment rate is low...

Mar 15, 2024

HDP® Plus Forms, Guidelines and Agreements

Homebuyer Dream Program® Plus (HDP® Plus) Forms, Guidelines and Agreements

Oct 03, 2023

Homebuyer Dream Program® Plus (HDP® Plus) Reservation Request

Homebuyer Dream Program® Plus (HDP® Plus) Reservation Request

Feb 15, 2024

HDP® Plus – Information for First-Time Homebuyers

Homebuyer Dream Program® Plus (HDP® Plus) Information for First-Time Homebuyers

Jan 09, 2024

Zero-Percent Development Advance (ZDA) Program Application Form

Jun 14, 2023

Homebuyer Dream Program® (HDP®) Overview

The HDP is a set-aside program managed within regulatory requirements established by the Federal Housing Finance Agency (FHFA) 12 C.F.R. Part 1291, as may be amended from time to time (AHP Regulation). The HDP provides funds in the form of a grant to be used towards down payment and closing cost assistance to first-time homebuyers earning at or below 80% of the Area Median Income (AMI) and purchasing homes in New York, New Jersey, Puerto Rico or the U.S. Virgin Islands.

May 24, 2019

2024 Update to the Member Products Guide

The Federal Home Loan Bank of New York (FHLBNY) has updated its Member Products Guide (Guide).  Changes to the Guide are effective as of March 2024.  The Guide details the FHLBNY’s credit, collateral and correspondent services standards and can assist you in finding helpful information on the FHLBNY’s product and service matters (e.g., requirements for advance borrowings, eligible collateral types and service fee schedules)...

Mar 21, 2024

Callable Advance, Putable Advance, Putable Advance with Customized Strike, Adjustable Rate Advance with Cap and Fixed Rate Advance with Cap Product Disclosure

HLB-125

May 16, 2019

Putable Advance Information

Members can receive the daily rate indications via email. Members can also contact our Credit Services Representatives at (212) 441-6600 for a live quote.

Mar 28, 2019

MRB Median Income Guidelines for New York

AHP-011NY

Jan 13, 2020

Moody’s Credit Opinion on the FHLB System

Moody Report

Mar 18, 2020

Structured Advance Pre-Transaction Disclosure

Mar 18, 2020

Homebuyer Dream Program Plus (HDP Plus) Overview

Homebuyer Dream Program® Plus (HDP® Plus) Overview

Dec 04, 2023

Homebuyer Dream Program® Plus (HDP® Plus) Funding Request

Homebuyer Dream Program® Plus (HDP® Plus) Funding Request

Feb 15, 2024

Compensation and Human Resources Committee Charter

Compensation and Human Resources Committee Charter

Mar 18, 2020

Risk Committee Charter

Risk Committee Charter

Mar 18, 2020

Executive Committee Charter

Executive Committee Charter

Mar 18, 2020

Corporate Governance and External Affairs Committee Charter

Corporate Governance and External Affairs Committee Charter

Mar 18, 2020

Strategy and Business Committee Charter

Strategy and Business Committee Charter

Mar 18, 2020

Technology Committee Charter

Technology Committee Charter

Mar 18, 2020

MSD Weekly Market Update: Week Ending March 22, 2024

Having weathered the latest Federal Open Market Committee (FOMC) meeting and digested an updated set of policymakers’ projections, the attentions of market participants will return to the economic release calendar. This week’s soundings likely will be mixed with new home sales, durable goods orders, pending home sales and consumer spending in February all expected to improve, while consumer confidence and personal income...

Mar 22, 2024

HDP Plus Homebuyer Certification

Feb 15, 2024

2022 Annual Report to Members

Mar 26, 2024

Moody’s Credit Opinion on the FHLBNY

Mar 18, 2020

Corporate Governance Guidelines of FHLBNY

Corporate Governance Guidelines

Mar 30, 2021

Insurance

Insurance companies play a key role within the U.S. housing market. The Federal Home Loan Bank of New York (FHLBNY) promotes housing and economic development by providing low-cost, flexible liquidity to member financial institutions.

Apr 26, 2019

Insurance Company Membership Overview

Insurance Company Membership Overview

Mar 18, 2020

MSD Weekly Market Update: Week Ending March 29, 2024

Market participants will face a crowded calendar of economic data and appearances by monetary policymakers. Labor market conditions probably remained solid in March, with prior-month job openings expected to move back above the 9mn mark....

Mar 29, 2024

2024 Board Committee Roster

Jan 02, 2024

MSD Weekly Market Update: Week Ending April 5, 2024

With the March employment report in the rear-view mirror, market focus will turn to the inflation side of the Federal Reserve’s dual mandate. The median Street projection calls for yet another .4% rise in the headline Consumer Price Index (CPI) last month, but waning beginning-of-the-year residual seasonality in core goods and services costs hints that a more favorable result may be in store. Away from the Bureau of Labor Statistics’ updates on consumer and producer price inflation, the economic calendar will be quiet. The latest soundings on small business and consumer confidence likely will show significant improvement, while jobless claims probably remained confined to recent ranges...

Apr 05, 2024

Rental Income Verification Worksheet

AHP-126

May 15, 2019

2016 Annual Report to Members

Mar 19, 2020

2020 Annual Report to Members

2020 Annual Report

May 05, 2021

2015 Annual Report to Members

Mar 18, 2020

2018 Annual Report to Members

Mar 18, 2020

2019 Annual Report to Members

2019 Annual Report

May 04, 2020

Community

One of the goals at the FHLBNY is to improve the housing and economic opportunities available to families and communities.

Apr 16, 2019

2018 Advisory Council Annual Report

Mar 18, 2020

2019 Advisory Council Annual Report

2019 AHAC Annual Report

Mar 19, 2020

2020 Advisory Council Annual Report

AHAC Annual Report - 2020

Mar 23, 2021

2021 Advisory Council Annual Report

AHAC Annual Report - 2021

Mar 29, 2022

2022 Advisory Council Annual Report

Feb 17, 2023

2023 Annual Report to Members

Mar 26, 2024

FHLBNY Report To Members

FHLBNY Report To Members

Apr 05, 2022

About Membership

To use the FHLBNY’s credit, housing and community development, mortgage finance, and correspondent programs and services, a financial institution must first become a member.

Jul 01, 2019

AHP System Authorization Form for Sponsors

Jan 25, 2022

MSD Weekly Market Update: Week Ending April 12, 2024

The upcoming week serves a crowded calendar of economic data and public appearances by Federal Reserve officials. Reports on retail sales, residential construction activity, industrial production and existing home sales will allow economists to fine-tune their projections for real GDP growth in Q1...

Apr 12, 2024

Current Targeted Community Lending Plan

2021 Target Community Lending Plan

Jan 13, 2020

Advisory Council Annual Report & Targeted Community Lending Plan Reports

List of AHAC and Community Lending Plan reports

Aug 21, 2020

Targeted Community Lending Plan 2024

Jan 05, 2024

CLP Forms and Guidelines

The following applications must be executed by an authorized signatory of the Customer and should be forwarded to [email protected].

Mar 28, 2019

AHP System Authorization Form for Third-Parties

Apr 10, 2024

MSD Weekly Market Update: Week Ending April 19, 2024

With policymakers observing the traditional blackout period on public appearances ahead of the April 30-May 1 Federal Open Market Committee (FOMC) meeting, market participants will focus on the economic data calendar this week. The Bureau of Economic Analysis’ advance report on Q1 real GDP growth will undoubtedly be the marquee release. Inflation-adjusted business activity is expected to have slowed to a 2% annualized pace during Q1, but as is usually the case with the first look, the range of forecasts is wide...

Apr 19, 2024

AHP System – How to Submit an Application

Mar 05, 2024

AHP General Fund Round Quick Reference Guide

Apr 17, 2024

2024 AHP Implementation Plan

AHP-100

May 15, 2019

AHP Owner-Occupied Project Workbook

AHP/APP-104

Jan 27, 2020

Member Financial Certification Form

Feb 03, 2023

Project Readiness Approval Certification Form

Apr 02, 2024

Project Construction Form

AHP/APP-109

May 16, 2019

AHP Rental Project Workbook

AHP/APP 108

Jan 27, 2020

AHP Rental Income Verification Workbook

Apr 08, 2021

Preservation Certification for Rental Projects

Feb 03, 2023

Preservation Certification for Owner-Occupied Projects

Feb 03, 2023

2024 AHP Application Training- Parallel Translation

Mar 12, 2024

2024 AHP Application Training

Mar 12, 2024

Puerto Rico – 5 Year Estimates: 2022

Apr 02, 2024

New York – 5 Year Estimates: 2022

Apr 02, 2024

New Jersey – 5 Year Estimates: 2022

Apr 02, 2024

Overview of the Owner-Occupied Project Workbook

Apr 17, 2024

Overview of the Project Construction Form

Apr 17, 2024

Overview of the Rental Project Workbook

Apr 17, 2024

AHP Application Process Overview

Apr 17, 2024

MSD Weekly Market Update: Week Ending April 26, 2024

The Federal Open Market Committee (FOMC) meeting will be the marquee event of the upcoming week. Policymakers are expected to leave the Federal Funds rate target range unaltered at 5¼% to 5½%. The post-meeting communiqué likely will reiterate that activity has been expanding at a solid pace, job gains have remained strong, and the unemployment rate is low. The policy statement can be expected to repeat that inflation has eased over the past year but remains elevated...

Apr 26, 2024

2024 Application Process Overview – Parallel Translation

Apr 25, 2024

Overview of the Owner-Occupied Project Workbook – Parallel Translation

Apr 25, 2024

Overview of the Project Construction Form – Parallel Translation

Apr 25, 2024

Overview of the Rental Project Workbook – Parallel Translation

Apr 25, 2024

Update to Forward Starting Advances

The Federal Home Loan Bank of New York (FHLBNY) is changing the parameters of Forward Starting Advances effective May 1, 2024. Forward Starting Advances gives members the flexibility to book funding with a future settlement date to match advance funding with future liquidity needs...

Apr 30, 2024

FHLBNY Announces First Quarter 2024 Operating Highlights

New York, NY – The Federal Home Loan Bank of New York (FHLBNY) today released its unaudited financial highlights for the quarter ended March 31, 2024. “Throughout the first quarter of 2024, the Federal Home Loan Bank of New York successfully executed on our foundational liquidity mission...

Apr 25, 2024

Press Releases

News - Press Releases

May 08, 2019

FHLBNY Has Made $120 Million In Affordable Housing And Community Development Support Available Through First Four Months of 2024

New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) announced that through the first four months of 2024, it has made available $120 million in support for affordable housing and community development efforts through a number of programs that will be funded this year...

May 08, 2024

Past Events Gallery

The FHLBNY offers educational events as an added value to membership from both internal and external experts on a range of topics. Our events portfolio is made up of programs tailored for our members with information relevant to their business...

Mar 09, 2020

Report from the President: Navigating the Future

We at the Federal Home Loan Bank of New York were ‘over the moon’ with the turnout for our 2024 Member Symposium, Beyond Tomorrow: Stellar Strategies to Navigate the Future. The Symposium drew more than 150 leaders from across our membership to Midtown Manhattan on April 11, all gathered to hear from an array of speakers on a number of vital matters. I would like to thank all of our attendees, each of whom contributed to the event’s success...

May 09, 2024

MSD Weekly Market Update: Week Ending May 10, 2024

Market participants will face a heavy data calendar, in addition to multiple Fed speakers, this week. Wednesday’s Consumer Price Index (CPI) update for April will surely be the marquee report. Capped by an anticipated deceleration in non-energy goods and services costs, CPI likely rose by .3% in April, following a pair of .4% increases in February and March...

May 10, 2024

MSD Weekly Market Update: Week Ending May 3, 2024

Having weathered the latest Federal Open Market Committee meeting and the Bureau of Labor Statistics’ update on the employment situation in April, market participants will face an extremely quiet economic release calendar this upcoming week...

May 03, 2024

Housing and Community Lending Programs Overview

Mar 18, 2020

2023 Advisory Council Annual Report

Apr 08, 2024

About the FHLBNY

Apr 04, 2023

Dividend Announcement 1Q24: FHLBNY Declares a 9.50% Dividend for the First Quarter of 2024

I am pleased to announce that, on May 16, 2024, our Board of Directors approved a dividend for the first quarter of 2024 of 9.50% (annualized). The dividend proceeds will be distributed to FHLBNY member financial institutions on May 17, 2024...

May 16, 2024

Housing Committee Charter

Housing Committee Charter

Mar 18, 2020

Members

Member Resource Center

May 24, 2019

2020 Empowerment Commitment Letter for Sponsor

2020 Empowerment Commitment Letter for Sponsor

Jan 27, 2020

2020 Empowerment Commitment Letter for Third Party Agency

2020 Empowerment Commitment Letter for Third Party Agency

Jan 27, 2020

1Link® System Requirements

Sep 13, 2023

Supplemental Credit for Low-to-Moderate Income Mortgages Sold into MAP®

The Federal Home Loan Bank of New York (FHLBNY) is pleased to announce that we have allocated $5 million to help credit enhance low- to moderate-income (LMI)* mortgages sold into the Mortgage Asset Program (MAP®) in 2024. This supplemental credit will support housing opportunities for LMI families by making it more attractive for our members to underwrite these mortgages and sell them into MAP...

May 07, 2024

Credit Unions

Our cooperative’s strength enables us to provide quality credit products at flexible terms, housing and community development programs, mortgage finance products, correspondent services, and educational resources that meet the evolving needs of credit unions.

Apr 26, 2019

Credit Union Membership Overview

Mar 18, 2020

CDFI Membership Overview

Apr 27, 2022

MSD Weekly Market Update: Week Ending May 17, 2024

Market participants will face a comparatively light statistical calendar in the upcoming week. Closings on existing dwellings probably rebounded last month, while durable goods bookings took a breather. Consumer confidence likely bounced in the latter half of May, reversing a portion of the deterioration witness in the early part of the month...

May 17, 2024

Investor Relations

Our members know they have a strong partner in the FHLBNY. We closed 2019 with a solid advances book and a strong balance sheet; a healthy and diverse membership; and a talented and dedicated workforce, all of which are vital to the ongoing success of our cooperative...

Apr 28, 2019

MSD Weekly Market Update: Week Ending May 31, 2024

The upcoming week contains a moderately busy economic release calendar, clearly led by the June 7th employment situation report from the Bureau of Labor Statistics (BLS). Recent data has generally been supportive of the “Fed-on-hold” theme, and an ongoing sturdy jobs market has been a pillar in this regard. Therefore, the report will warrant the market’s scrutiny...

May 31, 2024

Code of Business Conduct and Ethics – Explanation of Changes

Sep 21, 2020

FHLBNY Affordable Housing Advisory Council Open Nomination Period – For 2025 Service

The Federal Home Loan Bank of New York (FHLBNY) is now accepting nominations for the FHLBNY's Affordable Housing Advisory Council (Advisory Council). Nominations must be made by submitting a nomination form...

Jun 03, 2024

Mortgage Asset Program Overview

FHLBNY offers the Mortgage Asset Program (MAP®) as a secondary market outlet for our members to fund mortgages and be competitive in offering fixed-rate mortgage loan products. MAP gives mortgage lenders an alternative to funding mortgages while allowing flexibility and transparency from both an operational and an economic perspective...

Jun 16, 2020

Mortgage Asset Program – Overview

MAP Overview

Jun 16, 2020

Report from the President: National Homeownership Month, Local Support

At the Federal Home Loan Bank of New York, we know that a stable, decent and affordable home is the foundation from which stronger individuals, households and communities grow. As we begin National Homeownership Month, the FHLBNY would like to express our gratitude to our housing partners and members...

Jun 06, 2024

President’s Report

News - President's Reports

Aug 20, 2020

AHP Grant Recipients

Affordable Housing Program Awardees - November 2022

Jun 11, 2019

AHP Forms, Guidelines and Agreements

FHLBNY AHP Forms & Agreements

Jun 20, 2019

Affordable Housing Program (AHP) Overview

Each year since 1990, the FHLBNY has set aside 10% of its private earnings to support the creation and preservation of housing for lower income families and individuals through the Affordable Housing Program (AHP).

Apr 23, 2019

MSD Weekly Market Update: Week Ending June 7, 2024

The Federal Open Market Committee (FOMC) meeting will be the marquee event of the upcoming week. The FOMC is almost universally expected to leave the federal funds rate target range unaltered at 5¼% to 5½%. The post-meeting communiqué likely will reiterate that economic activity has continued to expand at a solid pace, job gains have remained strong, and the unemployment rate is low...

Jun 07, 2024

MSD Weekly Market Update: Week Ending June 14, 2024

Having digested the changes in the so-called “dot plot” contained in the Federal Reserve’s Summary of Economic Projections, the market’s focus will return to gauging current-quarter growth prospects. The median economist projection calls for a return to above-trend real GDP growth near 2% annualized during Q2, but the range of forecasts is wide...

Jun 14, 2024

Diversity & Inclusion Procurement Program

At FHLBNY, we are committed to establishing strong relationships with our business partners and actively promoting opportunities for certified minority, women, and disabled-owned businesses (“MWDOB”).

Mar 28, 2019

Housing Programs

The FHLBNY is committed to providing affordable housing opportunities to families and communities through our members.

Apr 19, 2019

MSD Weekly Market Update: Week Ending June 21, 2024

Market participants will contend with a crowded data calendar during the final week of June. Despite the number of upcoming reports, significant reassessments of Q2 activity and the monetary policy outlook likely will await the June employment situation report to be released on July 5th. A quartet of Fed officials, all current FOMC voters, will provide views on the economy and policy...

Jun 21, 2024

Community Lending Programs Guidelines

CLP-001

Dec 10, 2020

Community Lending Programs

Members can take advantage of our Community Lending Programs to gain access to a reliable source of funding at our lowest advance rates for projects that create housing, improve business districts, and strengthen neighborhoods. Our attractive funding programs include:

May 01, 2019

Urban Development Advance

The Urban Development Advance (UDA) provides financing for economic development projects in urban areas that benefit individuals or families with incomes at or below 100% of the area median income.

Apr 29, 2019

Rural Development Advance RDA

The Rural Development Advance (RDA) provides financing for economic development projects in rural areas that benefit individuals or families with incomes at 115% or less of the area median income.

Apr 29, 2019

Community Investment Program

The Community Investment Program (CIP) provides financing for targeted housing activities.

Apr 29, 2019

MSD Weekly Market Update: Week Ending June 28, 2024

Markets will confront a busy economic data calendar in the upcoming holiday-shortened week. The marquee report on the June employment situation probably will show that the pace of net hiring slowed marginally, while wage gains matched those posted in May. Purchasing manager canvasses likely will reveal that conditions in the manufacturing and service-producing segments of the economy were little changed from those witnessed in the prior month...

Jun 28, 2024

FHLBNY Key Election Dates

FHLBNY Key Election Dates

Jun 23, 2020

Director Position Description

FHLBNY Director Position Description

Jun 23, 2020

Independent Director Application Form

Mar 18, 2020

Zero Development Advance (ZDA) Program Overview & Guidelines

Jun 12, 2023

Credit Products Descriptions

Borrower’s Quick Reference Guide & Credit Product Descriptions

Mar 18, 2020

Welcome to the Federal Home Loan Bank of New York

Federally-chartered bank that advances housing opportunity and local community development by providing a reliable source of liquidity to financial institutions...

Jul 16, 2021

Report from the President: Making an Impact

When the Federal Home Loan Bank System released our 2023 Impact Report on June 27, 2024, it served as a powerful reminder of the nationwide impact the Federal Home Loan Banks make collectively and individually by working with, through or in service to our members. The Report details the many ways in which this partnership...

Jul 09, 2024

MSD Weekly Market Update: Week Ending July 12, 2024

Market participants will confront a crowded calendar of reports and Federal Reserve official appearances before the traditional FOMC blackout period begins next Saturday. Soundings on retail sales, housing starts, and industrial production will help freshen projections for Q2 real GDP growth. The consensus is currently...

Jul 12, 2024

FHLBNY Announces Three New Members of Its Board of Directors

The Federal Home Loan Bank of New York is pleased to announce that its Board of Directors has selected José Rafael Fernández, Steven M. Klein and William J. Turner, Jr. to serve as members of the Board. Each fills the remaining term of a Member Director seat left vacant by the retirements of previous Directors...

Jul 15, 2024

Support The Farming Community With Our 0% Development Advance Program

The Federal Home Loan Bank of New York’s 0% Development Advance (ZDA) Program offers subsidized funding in the form of interest rate credits so that you may provide your customers with low-rate, competitive funding to support the needs of farms and farming-related businesses, agricultural...

Jul 16, 2024

Credit Products

The FHLBNY offers credit products designed to help facilitate your balance sheet strategies. Members can customize advances with a wide variety of maturities and structures, allowing you to choose funding that meets your objectives.

May 02, 2019

Contact Us

Federal Home Loan Bank of New York Contacts Page...

Apr 25, 2019

Small Business Lending

Job creation is vital to sustained economic recovery. So too are the small businesses in our nation, as they employ half of our private sector workforce, create a large share of new jobs (65% in the past 15 years), and introduce many groundbreaking ideas into the marketplace.

Apr 29, 2019

FHLBNY Access Information Page

FHLBNY Access Information Page

May 08, 2023

Correspondent Services

The FHLBNY is a provider of high quality Correspondent Services. We offer members a comprehensive array of services to help effectively manage cash positions and improve profitability.

Apr 21, 2019

FAQ

The Federal Home Loan Bank of New York has compiled a list of Frequently Asked Questions and their answers below. If there is an area of interest that is not on the list, please feel free to contact a Relationship Manager at (212) 441-6700

Apr 26, 2019

Collateral Guide

We are delighted that you have decided to take advantage of the Federal Home Loan Bank of New York’s (FHLBNY) Collateral guide.

May 02, 2019

Leadership

Leadership. President; Board of Directors; Housing Advisory Council; Management Committee.

Apr 09, 2019

About – Corporate Governance

The Federal Home Loan Bank of New York (FHLBNY), like all the other Federal Home Loan Banks, is governed by a Board of Directors, comprising Member Directors (who consist of officers and directors of member institutions) and Independent Directors (who are not affiliated with member institutions).

Apr 22, 2019

MSD Weekly Market Update: Week Ending July 19, 2024

The Bureau of Economic Analysis’ (BEA) advance report on Q2 real GDP growth will undoubtedly be the marquee release of the upcoming week. Inflation-adjusted business activity is expected to have quickened to an above-trend 2% annualized pace during the spring quarter, but as is usually the case with the first look, the range of forecasts is wide...

Jul 19, 2024

Education Programs

In the spirit of the cooperative and our commitment to being your strategic partner, the FHLBNY offers various education programs as part of membership. We value opportunities to share our knowledge on key topics with our members and would be pleased to trade insight with your leadership team at your office or ours.

Mar 28, 2019

2024 Small Business Recovery Grant Program Guidelines

Covid-19 SBRG Program Guidelines

May 04, 2020

2024 Small Business Recovery Grant Program Overview

COVID-19 SBRG Program Overview

May 04, 2020

Small Business Recovery Grant Program

In an effort to further our mission and support members institutions in New York, New Jersey, Puerto Rico and the U.S. Virgin Islands, the Federal Home Loan Bank of New York (FHLBNY), is offering the COVID-19 Small Business Recovery Grant (SBRG) Program.

May 04, 2020

The 2024 Small Business Recovery Grant Program

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...

Jul 22, 2024

Small Business Recovery Grant Program Application & Certification Form

COVID-19 SBRG-Batch Form

May 08, 2020

HDP® Participating Members

Please note that the addresses listed are for headquarter locations. Members may operate in multiple states, so please check their websites for additional information.

Mar 28, 2019

HDP® Plus Participating Members

Homebuyer Dream Program® Plus (HDP® Plus) Participating Members

Jun 13, 2023

FHLBNY Announces Second Quarter 2024 Operating Highlights

New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter ended June 30, 2024. “Throughout the first six months of 2024, the Federal Home Loan Bank of New York executed on our foundational liquidity mission, delivering stable and reliable funding to our members to help facilitate the flow of credit to households, communities and small businesses across our region,” said José R. González, president and CEO of the FHLBNY...

Jul 25, 2024

MSD Weekly Market Update: Week Ending July 26, 2024

The Federal Open Market Committee (FOMC) meeting is the key event of the upcoming week. Policymakers are almost universally expected to leave the fed funds rate target range unaltered at 5¼% to 5½%. The post-meeting communiqué likely will reiterate that economic activity has continued to expand at a solid pace, job gains have remained strong, and the unemployment rate is low...

Jul 26, 2024