Federal Home Loan Bank of New York

We enjoyed connecting with our members at the Independent Bankers Association of New York State (IBANYS) 2024 Annual Convention to celebrate their 50th Anniversary. FHLBNY’s Chief Business Officer, Adam Goldstein, shared an FHLB update with a brief discussion on our financial performance, member behavior, program offerings, credit framework, and more. The event's highlight was the presentation of a plaque, received by John Witkowski and Linda Gregware, to congratulate IBANYS on its 50th anniversary. Thank you to Tom Settino, Director of Member Relations; Kimani S. Little, Government Relations Officer; John Wissing, Vice President, Senior Relationship Officer; and Michael Beifeld, Relationship Management Officer, who also attended the event on behalf of the FHLBNY.

We’re #hiring the following positions to serve the needs of our members:  • Credit Risk Business Analyst • Credit Risk Officer • Lead Collateral Risk Modeling Analyst • Community Investment Analyst III • Senior Accounting Policy & Compliance Analyst • Member Surveillance Officer Check out the position details, additional opportunities, and our comprehensive benefits here: https://lnkd.in/e29Yeqfw

The FHLBNY closed out June 2024 with a focus on Puerto Rico. First, on June 26, Alex Sornoza, FHLBNY Vice President, Member Relations and Senior Business Development Officer, provided a presentation on the FHLBank System and the FHLBNY's presence in Puerto Rico at a cooperativa industry conference hosted by Inclusiv, an FHLBNY member. Later that evening, the FHLBNY hosted a Convening with cooperativas in Puerto Rico to exchange ideas and best practices about the cooperativa industry and the benefits of Home Loan Bank membership. The meeting aimed to foster collaboration and learn more about each other's business to determine potential pathways for access to the FHLBank System. FHLBNY representatives included Adam Goldstein, Chief Business Officer, Alex Sornoza, and FHLBNY Independent Directors Melba Acosta and Ángela Weyne. Finally, on June 27, the FHLBNY and the Public Corporation for the Supervision and Insurance of Cooperatives of Puerto Rico (COSSEC) signed an information-sharing agreement to provide access for both the FHLBNY and COSSEC to share confidential underwriting information about the COSSEC-insured cooperativas. This should strengthen our ability to safely facilitate the flow of credit to consumers, families, and small businesses in communities across Puerto Rico.

In observance of Independence Day, the FHLBNY will be closed on Thursday, July 4th. Our offices will reopen on Friday, July 5th.

We’re #hiring a Credit Risk Business Analyst, Credit Risk Officer, Lead Collateral Risk Modeling Analyst, Member Surveillance Officer, Lending Officer, and Principal Lending Officer to serve the needs of our members. Check out the position details, additional opportunities, and our comprehensive benefits here: https://lnkd.in/e29Yeqfw

Our ability to act on our foundational liquidity mission drives everything we are able to do at the community level. This National Homeownership Month, we are pleased to share the Federal Home Loan Bank System’s newly released Impact Report. As the Report indicates, the FHLBanks made affordable homeownership possible for more than 14,500 individuals and families in all corners of our nation in 2023. Learn more about how we support homebuyers with down-payment assistance and more in the Impact Report https://lnkd.in/gaASHT8f. #FHLBankImpact

The FHLBNY was proud to participate in the NEW JERSEY BANKERS ASSOCIATION's 13th Annual Women in Banking Conference. Attendees were inspired by renowned speakers and industry experts who discussed topics aimed at empowering women and advancing their careers. Programs like these not only align with the FHLBNY’s commitment to diversity and inclusion but also offer valuable development and networking opportunities. Thank you to NJBankers for another outstanding event. We look forward to the next one!

In observance of Juneteenth, the FHLBNY will be closed on Wednesday, June 19th. Our offices will reopen on Thursday, June 20th.

We’re #hiring a Member Surveillance Officer, Principal Lending Officer, and Lending Officer to serve the needs of our members. Check out the position details, additional opportunities, and our comprehensive benefits here: https://lnkd.in/e29Yeqfw

We appreciate our ongoing collaboration with the Partnership To End Homelessness. Our most recent disbursement to the organization on April 11, 2024, brought our total contributions to $500,000. We look forward to many more opportunities to serve our community together.