First Time Borrower's Guide
Step 1: Select Advance Step 2: Determine Collateral Step 3: Initiate Advance Step 4: Receive Funds Step 5: Review Transaction

 

 

Calling Officers:
(212) 441-6700

 

Member Services Desk:
(212) 441-6600 or
(800) 546-5101, option 1

 

1Link Helpdesk:
(800) 546-5101, option 1

 

Step 1: Select the Advance(s) that best suits your institution's needs

Our wide array of credit products is designed to meet your specific funding needs, with terms ranging from overnight to 30 years. You can also contact your Calling Officer to discuss your institution's funding needs and to structure the best advance products for your institution.

In order to initiate an advance, you must be authorized to initiate advances on the Global Authorization Form.

 

Overnight Advances

  • Overnight Advance

 

Short-Term Advances

  • Fixed-Rate Advance
  • Repo Advance

 

Other Credit Products

Medium-Long Term Advances

 

Long-Term Advances

Our Putables, Swaps, and Letters of Credit programs require additional agreements.

Please refer to our Credit Product Descriptions for more information.

Members can obtain rates by:

  1. Signing up to receive the daily rate indications via email. To sign up, send an email to fhlbny@fhlbny.com with your full name, title, name of your institution, and email address. To register multiple individuals from your institution, please use this form.
  2. Logging on to 1Link for "live" Overnight and Short-Term Advance Rates (advances under 1 year)
  3. Contacting a Member Services Desk Representative at (212) 441-6600 or (800) 546-5101, option 1.

 

 

 

Calling Officers:
(212) 441-6700

 

Member Services Desk:
(212) 441-6600 or
(800) 546-5101, option 1

 

1Link Helpdesk:
800-546-5101, option 1
 
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