

Note: There is no guarantee that the level of future dividends will
reflect the level of previous dividend payouts.
Insurance companies play a key role within the U.S. housing market. The Federal Home Loan Bank of New York (FHLBNY) promotes housing and economic development by providing low-cost, flexible liquidity to member financial institutions. This closely aligns with our insurance company members’ significant investments and participation in the mortgage market along with their economic development initiatives. Our insurance company members count on us to be a reliable and stable source of liquidity in any market condition.
Membership and advances by insurance companies have increased exponentially as more and more realize the integral role the FHLBNY plays to insurers looking to converge liquidity and working capital needs (as shown in the chart to the right). Overall, the Federal Home Loan Bank System (FHLBanks) has over 400 insurance company members, while the percentage of all FHLBanks borrowings by insurance companies has more than quadrupled between 2007 and 2018.
Insurance companies typically capitalize on their membership to satisfy contingent and strategic funding needs, in addition to financing capital, acquisition costs, and new facilities. This enables them to manage their liquidity positions and obtain affordable financing to support lending, investing, daily operations and grow their business in order to support the housing markets and the communities they serve.
Since the FHLBNY is structured as a cooperative, our members are shareholders. Over the last five years the FHLBNY paid an average dividend of 5.08%. This high performance is a testament to our dedication to provide value to our members.
› About the Federal Home Loan Banks
FHLBNY Insurance Company Members
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› American Home Assurance Company › Ameritas Life Insurance Corp. of NY › AXA Equitable Life Insurance Company › Cumberland Mutual Fire Insurance Company › Genworth Life Insurance Co. of New York › Guardian Life Insurance Co. of America › Horizon Healthcare of New Jersey, Inc. › Horizon Healthcare Services, Inc. › Kingstone Insurance Company › Metropolitan Life Insurance Company › MONY Life Insurance Company › New Jersey Manufacturers Insurance Co. › New York Life Insurance Company |
› Prudential Insurance Co. of America › Security Mutual Life Insurance Co. of NY › Selective Insurance Company of America › Selective Insurance Company of New York › Stratford Insurance Company › St. Pius X Church Federal Credit Union › Teachers Ins. & Annuity Assoc. of America › The US Life Ins. Co. in the City of NY › Ticonderoga Insurance Company › Transatlantic Reinsurance Company › Tudor Insurance Company › Utica Mutual Insurance Company › Western World Insurance Company |