FHLBNY NEWS HUB

What’s the Latest

Welcome to the FHLBNY News Hub! The Hub is a one-stop-shop for important updates and information to keep you informed on your membership with the FHLBNY. Here you can find dividend announcements, press releases, valuable product information, and more all in one central location.

Announcements for 11/17/20

Upcoming changes to 1Link & 1Link SK: FHLBNY systems will be accessible on the public website’s home page through a dropdown menu under ‘Log-In’ located at the top right, to streamline the sign-in process for members.

The Mortgage Asset Program (MAP^sm) Coming Soon: 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…Learn More

Member Services Desk Weekly Market Update: Authored by the FHLBNY’s Member Services Desk team and our own Financial Economist, this weekly snapshot aims to curate key information around the following topics: Economist Views, Key Market Trends, and FHLBNY Advance Rates Observations: Read Now

Report from the President: FHLBNY Announces Third Quarter Operating Highlights: Read Now

Amendments to the FHLBNY Capital Plan: Effective October 2, 2020: Read Now

Recent Bank Membership

Essex County Teachers Federal Credit Union
New Jersey
Joined November 2020

SBLI USA Life Insurance Company, Inc
New York
Joined, September 2020

Spinnaker Insurance Company
New Jersey
Joined, August 2020

Members may operate in multiple states:
Click Here To See All

Recent COVID-19
Related MPF^®
Announcements

Impact of COVID-19 on Originations of MPF Traditional (Conventional) Loans (09/29/20)

For all for MPF Program Announcements

Click Here

News & Reports

11/23/2020

FHLBNY Awards $36.9 Million for 46 Affordable Housing Initiatives

José R. González, president and CEO of the Federal Home Loan Bank of New York (FHLBNY), announced that the FHLBNY has awarded $36.9 million in subsidies to fund 46 affordable housing initiatives throughout New Jersey, New York, Puerto Rico, Connecticut and Washington, D.C. These awards are funded through the FHLBNY’s Affordable Housing Program (AHP), and will result in the creation, rehabilitation or preservation of 3,140 units, including 2,344 units dedicated to very low-income housing...

11/19/2020

Dividend Announcement 3Q20: The FHLBNY Declares a 5.10% Dividend…

I am pleased to announce that, on November 19, 2020, our Board of Directors approved a dividend for the third quarter of 2020 of 5.10% (annualized). The dollar amount of the dividend will be approximately $79.3 million. The cash dividend will be distributed on November 20, 2020...

09/02/2020

Amendments to the FHLBNY Capital Plan (Effective October 2,…

The Federal Home Loan Bank of New York (FHLBNY) is amending its Capital Plan (Plan), which defines the rights of stockholders of the FHLBNY. The amended Plan will go into effect on October 2 2020...

If you are a member and have any questions on the potential impact of COVID-19 to your institution, we are here to help. Please contact a Relationship Manager at (212) 441-6700
or a Member Services Representative at 1-800-546-5101, option 1.