FHLB New York Company Description
Federal Home Loan Bank of New York provides funds for residential mortgages and community-development to some 300 member banks, thrifts, credit unions, and insurance companies in New York, New Jersey, Puerto Rico, and the US Virgin Islands. One of a dozen Federal Home Loan Banks in the US, it is cooperatively owned by its member institutions and supervised by the Federal Housing Finance Board. Federal Home Loan Bank of New York, like the others in the system, is privately capitalized; it receives no taxpayer funding. The bank, instead, raises its funds by issuing debt instruments in the capital markets.
View the Comprehensive Company Description for FHLB New York
The Company Description provides a historical perspective of FHLB New York's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of FHLB New York's evolution in the marketplace.
