Bulletins
September 28, 2022
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).
Both documents can be found by signing on to 1Link®, and clicking on the ‘Manuals and Guides’ tab. These documents are updated as needed throughout the year.
Changes to the Guide effective as of September 2022 include:
- Haircut updates for Insurance Companies and U.S. Treasury Bonds (see page 45)
- Additional conforming changes
The Manual was reviewed and any changes contained within are considered conforming in nature.
If you have any questions about the FHLBNY’s Guide or Manual, please contact your Relationship Manager at (212) 441-6700, or the Member Service Desk at 1-800-546-5101 (option 1).
Thank you for your support.
Latest News
03/19/2025
Changes to Pledging Income Producing Commercial Loan as Collateral
03/04/2025
Report from the President: The Backbone of Our Nation’s Economy
02/20/2025
FHLBNY Announces Fourth Quarter 2024 Operating Highlights
09/28/2022
2022 Update to MPG & CSM: Member Products Guide & Correspondent Services Manual
07/02/2021
FHLBNY CICA Disaster Relief Funding Update