As your key partner in financing, the FHLBNY offers a wide array of credit products to help meet your funding needs, support asset/liability and risk management, and help you achieve a competitive advantage in your markets. Advances are offered in terms of overnight to 30 years at fixed, variable, and adjustable rates.
Housing & Community Lending Programs
As an FHLBNY member, you have access to some of the nation’s most important housing and community development programs available. Through grants, subsidized and reduced-rate advances, and Letters of Credit, your institution can take advantage of the various housing and community development programs available to be a catalyst for growth in your own communities.
Coming Soon: Mortgage Asset Programsm (MAP)
Members of the FHLBNY will soon have access to a 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.
The FHLBNY offers an array of banking and cash management services to maximize your earnings potential while enhancing the efficiency of your daily in-house cash management operations.
The FHLBNY understands the challenges you face and offers services that provide you with competitive pricing and superior customer service, with a focused commitment to enhancing your bottom line.