FHLBNY Announces Leadership Changes

New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) announced today that Randolph C. Snook resigned as President and Chief Executive Officer of the FHLBNY effective October 20, 2026. The Board has initiated a process to identify a permanent replacement for Mr. Snook, who will serve as a senior advisor to the FHLBNY through December 31, 2026 to assist in the leadership transition. To ensure continuity during this process, the Board has named Jonathan West as Interim President and CEO, effective October 20, 2026...

Report from the President: A Broad and Diverse Toolkit for Community Support

Our foundational liquidity mission positions the Federal Home Loan Bank of New York to make a significant, positive and lasting impact in housing finance, community development and overall financial stability by serving as a reliable funding source for our members. The funding that flows through the FHLBNY out to our members becomes the mortgages and business loans that put families into homes and create job opportunities, creating stronger communities. As a whole, the Federal Home Loan Bank System promotes broad financial stability through access to our advances in all operating environments. As the local lender’s local lenders, the FHLBanks help foster a resilient and diversified U.S. financial system comprised of thousands of local, community-based lenders – serving not only our continental economy, but economic needs specific to each of our Districts...

FHLBNY Launches $10.3 Million Housing Impact Grant

New York, NY – The Federal Home Loan Bank of New York (“FHLBNY”) has launched the inaugural round of its Housing Impact Grant, awarding $10.3 million in grant funding to six affordable housing initiatives that will create or preserve 366 affordable homes...