What Does Federal Home Loan Bank of New York Do?

Total employees417
HeadquartersNew York
Founded1932

The Federal Home Loan Bank of New York (FHLBNY) is one of 11 regional banks in the Federal Home Loan Bank System. Established by Congress in 1932, the FHLBNY is a wholesale bank that provides stable, on-demand, low-cost funding to member community lenders in New York, New Jersey, Puerto Rico, and the U.S. Virgin Islands. Its mission is to support these members in serving their communities' housing finance and economic development needs. The FHLBNY is a cooperatively owned institution, and its members include commercial banks, savings institutions, credit unions, and insurance companies.

Where Is Federal Home Loan Bank of New York's Headquarters?

HQ Function

The headquarters serves as the central hub for all FHLBNY operations, including member services, credit and collateral management, financial operations, strategic planning, and regulatory compliance.

Notable Features:

Located in the prominent 101 Park Avenue skyscraper in Midtown Manhattan, offering modern facilities and convenient access to other financial institutions.

Work Culture:

The work culture at FHLBNY emphasizes collaboration, integrity, and a commitment to its public mission of supporting housing and community development. Employees often have backgrounds in finance, risk management, and public policy.

HQ Significance:

The New York City headquarters is significant due to its proximity to major financial markets and a large concentration of its member institutions, facilitating direct engagement and responsiveness to its district.

Values Reflected in HQ: The professional, accessible, and strategically located headquarters reflects FHLBNY's values of stability, reliability, partnership, and service to its members and the communities they serve.

Location:

The Federal Home Loan Bank of New York's operations are focused on its designated district within the United States, which includes New York, New Jersey, Puerto Rico, and the U.S. Virgin Islands. It does not have a global operational presence or international offices, as its mandate is to support domestic housing finance and community development through its member institutions.

Street Address:

101 Park Avenue

City:

New York

State/Province:

NY

Country:

USA

Where Else Does Federal Home Loan Bank of New York Operate Around the World?

No additional office locations available.

Buying Intent Signals for Federal Home Loan Bank of New York

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Federal Home Loan Bank of New York? Meet the Executive Team

As of April 2025, Federal Home Loan Bank of New York' leadership includes:

José R. González - President and Chief Executive Officer
Raul J. Cermeno - Senior Vice President, Chief Financial Officer
Adam Goldstein - Senior Vice President, Chief Business Officer
Kevin Neylan - Senior Vice President, Chief Operating Officer and Chief Strategy Officer
Paul B. Héroux - Senior Vice President, General Counsel, Chief Ethics & Compliance Officer, and Corporate Secretary

Who's Investing in Federal Home Loan Bank of New York?

Federal Home Loan Bank of New York has been backed by several prominent investors over the years, including:

The Federal Home Loan Bank of New York is a cooperative financial institution owned by its member financial institutions. These members, which include commercial banks, savings associations, credit unions, and insurance companies located in New York, New Jersey, Puerto Rico, and the U.S. Virgin Islands, are the 'shareholders' of the Bank.

What Leadership Changes Has Federal Home Loan Bank of New York Seen Recently?

Hire0
Exits0

The Federal Home Loan Bank of New York's core C-suite executive team, as defined by its named Executive Officers (President and Senior Vice Presidents), has remained stable over the past 12 months with no publicly announced external new hires or departures at this level. The Bank announced several internal officer promotions to Vice President and Assistant Vice President roles in January 2024, reflecting internal talent development.

What Technology (Tech Stack) Is Used byFederal Home Loan Bank of New York?

Discover the tools Federal Home Loan Bank of New York uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Federal Home Loan Bank of New York Email Formats and Examples

The Federal Home Loan Bank of New York commonly uses the `first.last@fhlbny.com` email format. This is a standard convention for many professional organizations.

first.last@fhlbny.com

Format

jane.doe@fhlbny.com

Example

70%

Success rate

What's the Latest News About Federal Home Loan Bank of New York?

fhlbny.comMay 7, 2024

Federal Home Loan Bank of New York Releases First Quarter 2024 Operating Highlights

The FHLBNY announced its unaudited financial highlights for the quarter ended March 31, 2024. Net income was $206.1 million for the first quarter of 2024. The Bank also reported continued support for members and communities....more

fhlbny.comApril 25, 2024

Federal Home Loan Bank of New York Allocates $63.6 Million to 2024 Affordable Housing Program

The FHLBNY announced it has allocated $63.6 million for its 2024 Affordable Housing Program (AHP), which will support the creation and preservation of affordable housing units in its district....more

fhlbny.comJanuary 29, 2024

Federal Home Loan Bank of New York Announces 2023 Year-End Operating Highlights and Fourth Quarter Dividend

The FHLBNY reported its 2023 year-end operating highlights, including net income of $955.3 million. The Bank’s Board of Directors approved a dividend of 9.00% (annualized) for the fourth quarter of 2023....more

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