Federal Home Loan Bank of New York Announces Full-Year and Fourth Quarter 2019 Operating Highlights
February 20, 2020
February 20, 2020
NEW YORK, Feb. 20 -- The Federal Home Loan Bank of New York, a district bank in the Federal Home Loan Bank System, issued the following news release:
The Federal Home Loan Bank of New York ("FHLBNY") released its unaudited financial highlights for the quarter and year ended December 31, 2019. The FHLBNY's net income for 2019 was $472.6 million, a decrease of $87.9 million, or 15.7 percent, from net income of $560.5 million for 2018, primarily due to lower asset balances, l . . .
The Federal Home Loan Bank of New York ("FHLBNY") released its unaudited financial highlights for the quarter and year ended December 31, 2019. The FHLBNY's net income for 2019 was $472.6 million, a decrease of $87.9 million, or 15.7 percent, from net income of $560.5 million for 2018, primarily due to lower asset balances, l . . .