Municipal Letter of Credit (MULOC) Process Update
In conjunction with FHLBNY’s resumption of normal business practices, we will resume our policy of providing the original MULOC directly to the beneficiary starting on December 1, 2021.
In conjunction with FHLBNY’s resumption of normal business practices, we will resume our policy of providing the original MULOC directly to the beneficiary starting on December 1, 2021.