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Bulletins

February 22, 2023

Notice of Federal Home Loan Bank Members Selected For
Community Support Review

The Federal Housing Finance Agency (FHFA) in its community support regulation, 12 CFR Part 1290, requires that Federal Home Loan Bank members meet certain standards of community investment or service to maintain continued access to long-term (greater than one year) advances from the Federal Home Loan Banks. In accordance with the regulation, the FHFA will continue to require a Community Support Statement from each member subject to a community support review at the same time, every two years. For the 2023 review period, the FHFA has established October 29, 2023, as the date by which each member subject to a community support review must submit a completed Community Support Statement.

View the list of Federal Home Loan Bank of New York members required to submit a Community Support Statement form to the FHFA by October 29, 2023.

2023 FHLBNY Members Selected For Community Review

At the request of the FHFA, if you have any comments, both positive and/or critical, on the performance of any of these members in meeting the credit needs of their communities, please send your comments directly to the FHFA, by electronic mail to [email protected]. The 30-day comment period will begin February 23, 2023, and end March 24, 2023.

If you have any questions on this matter please contact our Community Investment Department at [email protected].

Thank you for your commitment to promoting affordable housing opportunities within your community.

Michael A. Volpe
Chief Bank Operations Officer & Interim Community Investment Office
Federal Home Loan Bank of New York

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2024 Update to the Member Products Guide (March 2024)

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2024 Update to the Member Products Guide & Correspondent Services Manual

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Update to the Member Products Guide & Correspondent Services Manual

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2023 Update to the Member Products Guide

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2023 Update to the Member Products Guide & Correspondent Services Manual

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2022 Update to MPG & CSM: Member Products Guide & Correspondent Services Manual

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Reintroducing Putable Advances, Fixed-Rate Advances with SOFR Cap and ARC Advances with Cap/Floor

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FHLBNY Affordable Housing Advisory Council Open Nomination Period

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Amendment to the FHLBNY Capital Plan Appendix Effective August 1, 2022

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Wire Transfers Migration to 1Link-IPR

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FHLBNY Announces Enhancements to the Rebate Program for Advances

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2022 Update to MPG & CSM: Member Products Guide and the Correspondent Services Manual

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Updates to the 2022 Fee Schedules

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An Enhancement to our Callable Adjustable Rate Credit Advance (Callable ARC)

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Important Announcement Regarding the Upcoming FHLBNY Homepage Update

07/02/2021

FHLBNY CICA Disaster Relief Funding Update

04/14/2021

Enhancements to the Refundable Municipal Letter of Credit for Members Participating in the New Jersey Department of Banking and Insurance GUDPA Program

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FHLBNY Capital Stock Purchase Requirement for Letters of Credit (Effective March 1, 2021)

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2021 Update to MPG & CSM: Member Products Guide and the Correspondent Services Manual

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2020 Update to MPG & CSM: Member Products Guide and the Correspondent Services Manual

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Amendments to the FHLBNY Capital Plan (Effective October 2, 2020)

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Update to the Member Products Guide

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Enhancements to the Refundable MULOC Product

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FHFA Provides Guidance on PPP Loans

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1Link® Migration: Phase I - Interim Portal Roll-out

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Introducing the Homebuyer Dream Program: A New First-Time Homeowner Grant Program

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2019 Update to MPG & CSM: Member Products Guide and the Correspondent Services Manual

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Announcement of Fannie Mae and Freddie Mac Uniform Mortgage-Backed Security (UMBS)

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