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HOME Become A Member Application Process BanksThrifts CDFIs Credit Unions Housing Associates Insurance Preliminary Eligibility FAQ Borrower’s Guide Collateral Guide Letters of Credit FHLBNY Access ABOUT US Investor Relations Corporate Governance Leadership DiversityInclusion Procurement Program Responsible Lending Policy MEMBERS Resources Borrower’s Guide Collateral Guide Letters of Credit FormsAgreements Education Programs Visit Our Offices Membership List Become A Member Application Process BanksThrifts CDFIs Credit Unions Housing Associates Insurance Preliminary Eligibility FAQ BUSINESS LINES Credit Products HousingCommunity Lending Programs Mortgage Asset Program Correspondent Services COMMUNITY Housing Programs Affordable Housing Program Homebuyer Dream Program® Homebuyer Dream Program® Plus AHP System Community Lending Programs Community Investment Program Urban Development Advance Rural Development Advance Disaster Relief Funding CLP Forms and Guidelines CLP System Small Business Recovery Grant Program Success Stories CAREERS American Dream Benefits Career Development Culture Workforce DiversityInclusion NEWS President’s Reports Press Releases Publications Member Advantage Economic Perspectives Bulletins EVENTS FINANCIAL INTELLIGENCE LOGIN FHLBNY Access 1LinkSK MAP® HOME Borrower’s Guide Collateral Guide Letters of Credit FHLBNY Access ABOUT US About Us Investor Relations Corporate Governance Leadership DiversityInclusion DiversityInclusion Procurement Program Responsible Lending Policy MEMBERS Members Resources Resources Borrower’s Guide Collateral Guide FormsAgreements Education Programs Visit Our Offices Membership List BUSINESS LINES Business Lines Credit Products HousingCommunity Lending Programs Mortgage Asset Program Correspondent Services COMMUNITY Community Housing Programs Housing Programs Affordable Housing Program Homebuyer Dream Program® Homebuyer Dream Program® Plus Community Lending Programs Community Lending Programs Community Investment Program Urban Development Advance Rural Development Advance RDA Disaster Relief Funding Forms and Applications CLP System Small Business Recovery Grant Program Success Stories CAREERS American Dream Benefits Careers Career Development Culture Workforce DiversityInclusion NEWS News President’s Report Press Releases Publications Publications Member Advantage Economic Perspectives Bulletins EVENTS FINANCIAL INTELLIGENCE BECOME A MEMBER Become a Member About Membership Banks Credit Unions Insurance Companies CDFIs Housing Associates Preliminary Eligibility Application Process FAQs Select Page BEYOND TOMORROW: Stellar Strategies to Navigate the Future REGISTER NOW Member Symposium: April 11, 2024 – RSVP Today! The FHLBNY has curated an exciting program featuring esteemed speakers such as John C. Williams, PresidentCEO, Federal Reserve Bank of New York , and Dr. Mike Massimino, Former NASA Astronaut and New York Times Bestselling Author , alongside other industry professionals. The event will cover a wide range of topics including strategy, economics, banking and liquidity, technology, teamwork, and leadership. LEARN MORE FHLBNY Education Programs As strategic partners, FHLBNY members can receive tailored education on a variety of topics from our subject matter specialists. Whether in your office, ours, or virtually, we value the opportunity to help you achieve your business goals. LEARN MORE Interested in a strategic planning session for your leadership team? SCHEDULE A SESSION Interested to Learn How MAP® Can Benefit Your Institution? REGISTER NOW The Mortgage Asset Program (MAP®) Members of the FHLBNY can access our new secondary market outlet to fund mortgages and be competitive in offering fixed-rate mortgage loan products. MAP gives mortgage lenders an alternative to funding mortgages while allowing flexibility and transparency from both an operational and an economic perspective… LEARN MORE VIEW THE COLLATERAL GUIDE The FHLBNY has proved a stable partner to over 300 members. Explore the potential benefits of membership for your financial institution. BECOME A MEMBER Your Key to Reliable Liquidity in Any Market Condition Paycheck Protection Program Loan are Now Eligible Collateral Our Mission To provide members with reliable liquidity in support of housing and local community development. Our Values Member-Focused Collaborative DiverseInclusive Accountable Results-Oriented Latest News See All March 5, 2024 | President's Report Report from the President: A Critical, Stabilizing Role 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 FHLBNY Announces Fourth Quarter and Full-Year 2023 Operating Highlights 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... February 15, 2024 | President's Report Dividend Announcement 4Q23: FHLBNY Declares a 9.75% Dividend for the Fourth Quarter of 2023 I am pleased to announce that, on February 15, 2024, our Board of Directors approved a dividend for the fourth quarter of 2023 of 9.75% (annualized). The dividend proceeds will be distributed to FHLBNY member financial institutions on February 16, 2024... UpdatesNotices See All 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 ’. Follow us to see how we connect with communities: Upcoming Events There are no upcoming events at this time. Please check back in the Fall for our educational programming. You can view previously recorded sessions on our Financial Intelligence Library . Financial Intelligence March 15, 2024 MSD Weekly Market Update: Week Ending March 15, 2024 The Federal Open Market Committee (FOMC) meeting will be the marquee event of the upcoming week. Policymakers are almost universally expected to leave the federal funds rate target range unaltered at 5¼% to 5½%. The post-meeting communiqué likely will reiterate that economic activity has been expanding at a solid pace and that, while job gains have moderated from early last year, they remain strong, and the unemployment rate is low... May 25, 2023 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... March 31, 2023 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...