President’s Report

November 21, 2024

Dividend Announcement 3Q24
The FHLBNY Declares a 9.25% Dividend for the Third Quarter of 2024

I am pleased to announce that, on November 21, 2024, our Board of Directors approved a dividend for the third quarter of 2024 of 9.25% (annualized). The dividend proceeds will be distributed to FHLBNY member financial institutions on November 22, 2024.

Through the first nine months of 2024, the Federal Home Loan Bank of New York has continued to execute on our foundational liquidity mission. Our ability to consistently meet the funding needs of our members reflects the continued strength of our franchise.

The operating, competitive, regulatory, legislative and rate environments, as well as strategic initiatives, can impact the FHLBNY’s overall performance, as well as our dividend levels. It is the intent of the FHLBNY to provide a reasonable return on our members’ investment in our cooperative.

We filed our Form 10-Q for the third quarter of 2024 with the U.S. Securities and Exchange Commission on November 8, 2024.

Sincerely,

José R. González
President and CEO

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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.

Prior releases can be found on the SEC's EDGAR System.

12/11/2024	Report from the President: FHLBNY Announces Upcoming Leadership Transition
11/21/2024	Dividend Announcement 3Q24: FHLBNY Declares a 9.25% Dividend for the Third Quarter of 2024
10/22/2024	Report from the President: Maintaining the FHLBanks’ Critical Role
09/12/2024	Report from the President: Remembering FHLBNY Director Danelle M. Barrett
08/15/2024	Dividend Announcement 2Q24: FHLBNY Declares a 9.50% Dividend for the Second Quarter of 2024
08/06/2024	Report from the President: Executing on Our Mission, Supporting Our Communities
07/09/2024	Report from the President: Making an Impact
06/06/2024	Report from the President: National Homeownership Month, Local Support
05/16/2024	Dividend Announcement 1Q24: FHLBNY Declares a 9.50% Dividend for the First Quarter of 2024
05/09/2024	Report from the President: Navigating the Future
03/05/2024	Report from the President: A Critical, Stabilizing Role
02/15/2024	Dividend Announcement 4Q23: FHLBNY Declares a 9.75% Dividend for the Fourth Quarter of 2023
01/09/2024	Report from the President: Looking at the Year Ahead
12/07/2023	Report from the President: Focusing on the Future
11/15/2023	Dividend Announcement 3Q23: FHLBNY Declares a 9.50% Dividend for the Third Quarter of 2023
11/02/2023	Report from the President: FHLBNY Announces Third Quarter 2023 Operating Highlights
09/05/2023	Report from the President: A Vital Mission, A Proven Value
08/17/2023	FHLBNY Declares an 8.50% Dividend for the Second Quarter of 2023
08/03/2023	Report from the President: One Year Into a 100-Year Review
07/11/2023	July 2023 Report from the President
06/06/2023	Report from the President: FHLBNY Announces 0% Development Advance Program
05/16/2023	Dividend Announcement 1Q23: The FHLBNY Declares a 7.75% Dividend for the First Quarter of 2023
04/04/2023	Report from the President: A Stabilizing Role
03/01/2023	Report from the President: Growing Advances and a Growing Public Profile
02/15/2023	Dividend Announcement 4Q22: The FHLBNY Declares a 7.50% Dividend for the Foruth Quarter of 2022
02/06/2023	Report from the President: Liquidity is the Mission and the Means
01/09/2023	Report from the President: A Profound Importance
12/01/2022	Report from the President: Grateful For Our Role
11/17/2022	Dividend Announcement 3Q22: The FHLBNY Declares a 6.75% Dividend for the Third Quarter of 2022
11/03/2022	Report from the President: FHLBNY Announces Third Quarter Operating Highlights
10/07/2022	Report from the President: The System’s Stakeholders Speak
09/01/2022	Report from the President: The Voice of the Local Lender
08/18/2022	Dividend Announcement 2Q22: The FHLBNY Declares a 5.50% Dividend for the Second Quarter of 2022
08/02/2022	Report from the President: Looking Ahead to 100 Years of the Federal Home Loan Banks
07/05/2022	Report from the President: Federal Home Loan Bank System Turns 90
06/02/2022	Report from the President: Approaching 90, the Power of Partnership Prevails
05/12/2022	Dividend Announcement 1Q22: The FHLBNY Declares a 4.75% Dividend for the First Quarter of 2022
04/05/2022	Report from the President: FHLBNY Files 2021 Form 10-K – Stability Throughout the Year
03/03/2022	Report from the President: Closing the Books on 2021
02/17/2022	Dividend Announcement 4Q21: The FHLBNY Declares a 4.36% Dividend for the Fourth Quarter of 2021
02/01/2022	Report from the President: Enhancing the Value of Membership
01/06/2022	Report from the President: A Strategic Focus on Stability and Service
12/07/2021	Report from the President: Together Again
11/18/2021	Dividend Announcement 3Q21: The FHLBNY Declares a 4.40% Dividend for the Third Quarter of 2021
11/02/2021	Report from the President: FHLBNY Announces 3Q21 Operating Highlights
10/04/2021	Report from the President: An Unwavering Focus on Our Members and Supporting Our Communities
09/01/2021	Report from the President: 25 Years of Creating Homeownership Opportunities
08/19/2021	Dividend Announcement 2Q21: The FHLBNY Declares a 4.60% Dividend for the Second Quarter of 2021
07/01/2021	Report from the President: FHLBNY Commences 2021 Director Election Process
06/07/2021	Report from the President: A Stable Partner for the Recovery Ahead
05/28/2021	Dividend Announcement 1Q21: The FHLBNY Declares a 4.75% Dividend for the First Quarter of 2021
04/05/2021	Report from the President: FHLBNY Files 2020 Form 10-K – Stability Throughout the Year
03/02/2021	Report from the President: Meeting Member Needs
02/18/2021	Dividend Announcement 4Q20: The FHLBNY Declares a 5.00% Dividend for the Fourth Quarter of 2020
02/04/2021	Report from the President: FHLBNY Unveils SOFR-Linked ARC Advance Enhancement
01/05/2021	Report from the President: A Proven Partnership to Help a Region Recover
12/02/2020	Report from the President: A Steady Foundation
11/19/2020	Dividend Announcement 3Q20: The FHLBNY Declares a 5.10% Dividend for the Third Quarter of 2020
11/02/2020	Report from the President: FHLBNY Announces 3Q20 Operating Highlights
10/05/2020	Report from the President: A Stable Partner and a Strong Culture
09/03/2020	Report from the President: A Stable Foundation
08/20/2020	Dividend Announcement 2Q20: The FHLBNY Declares A 5.60% Dividend For The Second Quarter Of 2020
08/04/2020	Report from the President: FHLBNY Announces 2Q20 Operating Highlights
07/02/2020	Report from the President: A Vital Conversation
06/02/2020	Report from the President: A Balanced Provider and a Stable Partner
05/20/2020	Dividend Announcement 1Q20: The FHLBNY Declares a 5.90% Dividend for the First Quarter of 2020
05/07/2020	Report from the President: FHLBNY to Accept Paycheck Protection Program Loans as Eligible Collateral
04/01/2020	Report from the President: Stability in a Crisis - Our Cooperative Responds to the Pandemic
03/13/2020	Report from the President: Novel Coronavirus Update
03/09/2020	Report from the President: Closing the Books on a Strong 2019
02/20/2020	Dividend Announcement 4Q19: The FHLBNY Declares a 6.35% Dividend for the Fourth Quarter of 2019
02/04/2020	Report from the President: United by Our Mission
01/06/2020	Report from the President: A Reliable Partner for a New Decade
12/03/2019	Report from the President: Positioned to Meet Your Liquidity Needs
11/21/2019	Report from the President: The FHLBNY Declares a 6.35% Dividend for the 3Q19
10/15/2019	Report from the President: The FHLBNY Announces 2019 Affordable Housing Program Grants
09/05/2019	Report from the President: A Market Milestone
05/16/2019	Dividend Announcement 1Q19: The FHLBNY Declares a 6.35% Dividend for the First Quarter of 2019
06/03/2019	Report from the President: Jersey City Welcomes FHLBNY Board; 2019 FHLBNY Director Election Update
07/02/2019	Report from the President: A New Era of Creating Homeownership Opportunities; FHLBNY Commences 2019 Director Election Process
08/15/2019	Dividend Announcement 2Q19: The FHLBNY Declares a 6.35% Dividend for the Second Quarter of 2019
04/02/2019	Report from the President: Reflecting on a Record Year for the Federal Home Loan Bank System; FHLBNY 2019 Member Symposium
03/04/2019	Report from the President: A Year of Strong Performance; FHLBNY Announces Fourth Quarter 2018 Dividend; 50th Round of Affordable Housing Program Opens
02/13/2019	Dividend Announcement 4Q18: The FHLBNY Declares a 6.90% Dividend for the Fourth Quarter of 2018
02/04/2019	Report from the President: Engaging Members, Enhancing Value
01/03/2019	Report from the President: A Strong Year, A Strategy for Success
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President’s Report

Dividend Announcement 3Q24
The FHLBNY Declares a 9.25% Dividend for the Third Quarter of 2024

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