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. At that time, member users will be able to perform transactions (Advances and Wires), and access reporting and balances within a single system. 1Link-IPR was redesigned to enhance your user experience and improve efficiency. Some of the upcoming enhancements and changes include:

Quickly access your most recent advance information, such as current position and predefined advance rates, as well as create a new advance request directly from the Dashboard
Redesigned current position and advance rates sections for better viewability
Easily toggle between Custom and Forward Starting Advances on the new Advances screen
Some sections have moved to provide the most important and frequently used content at-a-glance on the Dashboard
- Wire Pending Transactions and Wire Recent Transaction sections have been moved from the Dashboard to the Transactions tab
- Advance transactions, including Advances Maturing Today, All Outstanding Advances, and Recent 1Link Transactions will also be displayed in the Transaction tab

Prior to the migration, please ensure you can log into 1Link-IPR. Users are required to use an RSA SecurID® token (Token) to log in.* If you did not activate your Token last year, or do not have a Token, a new invitation to enroll and authenticate your Token was emailed to you on the week of September 26, 2022, from the email address 1LinkSecurityServices@fhlbny.com. If you did not receive the invitation, please check your spam folder first, then contact 1Link Security Services.

It is important to activate your Token prior to the Advance migration to avoid service interruption.

If you have any questions, please contact the 1Link Helpdesk at (800) 546-5101, and after the prompt, press 1. If you need assistance with your Token, please contact 1Link Security Services at 1LinkSecurityServices@fhlbny.com or (800) 546-5101, after the prompt, press option 4, then option 2.

Thank you.

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Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
This report may contain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. These statements may use forward-looking terms, such as “projected,” “expects,” “may,” or their negatives or other variations on these terms. The Bank cautions that, by their nature, forward-looking statements involve risk or uncertainty and that actual results could differ materially from those expressed or implied in these forward-looking statements or could affect the extent to which a particular objective, projection, estimate, or prediction is realized. These forward-looking statements involve risks and uncertainties including, but not limited to, the Risk Factors set forth in our Annual Reports on Form 10-K and our Quarterly Reports on Form 10-Q filed with the SEC, as well as regulatory and accounting rule adjustments or requirements, changes in interest rates, changes in projected business volumes, changes in prepayment speeds on mortgage assets, the cost of our funding, changes in our membership profile, the withdrawal of one or more large members, competitive pressures, shifts in demand for our products, and general economic conditions. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to revise or update publicly any forward-looking statements for any reason.