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Our Mission

To provide members with reliable liquidity in support of housing and local community development.

Our Values

Member-Focused

Collaborative

Diverse & Inclusive

Accountable

Results-Oriented

Latest News

March 21, 2024
|Bulletins
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)...
March 5, 2024
|President's Report
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...
February 21, 2024
|Press Releases
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...

Updates & Notices

The FHLBNY has filed our Fourth Quarter 2023 Form 10-K with the SEC: HTML | XBRL

0% Development Advance (ZDA) Program is Now Available

Members can now apply for subsidized funding in the form of interest rate credits to assist in originating loans or purchasing loans/investments that support small businesses, climate initiatives, infrastructure-related projects, and tribal communities.

Learn More

Homebuyer Dream Program® Plus Round is Open

This new program makes it possible for moderate-income first-time homebuyers to purchase a home. Homebuyers interested in participating must contact an approved member community lenders listed under ‘HDP Plus Participating Members’.

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Upcoming Event

2024 Member Symposium

Mark your calendar for the return of the FHLBNY Member Symposium featuring keynote speakers Dr. Mike Massimino, former NASA Astronaut, New York Times bestselling author and professor, as well as John C. Williams, President and CEO of the Federal Reserve Bank of New York. Registration and more information will be forthcoming...

Financial Intelligence

MSD Banner for FI

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...

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...

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...

Strength in Numbers

The FHLBNY is a highly-rated, congressionally chartered, wholesale bank within the national Federal Home Loan Bank System. We are currently rated “Aaa” and “AA+” by Moody’s and Standard & Poor’s, respectively. These ratings are equivalent to those assigned to the U.S. Government.

334

Members

$

144.4

B

In Assets

$

101.5

B

In Advances

Numbers shown are as of September 30, 2023

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