Global Banking News-August 22, 2019-Federal
Home Loan Bank of New York declares Q2 2019 dividend of USD 92m
BANKING AND CREDIT NEWS-August 22, 2019-Federal
Home Loan Bank of New York declares Q2 2019 dividend of USD 92m
M2 EQUITYBITES-August 22, 2019-Federal
Home Loan Bank of New York declares Q2 2019 dividend of USD 92m
27 February 2015 - Members of US wholesale banks The Federal
Home Loan Bank of Des Moines and The Federal
Home Loan Bank of Seattle have ratified a merger agreement approved by their respective boards of directors in September 2014, the banks said on Friday.
The Community Development Trust (CDT), the country's only national community development financial institution (CDFI) and private real estate investment trust (REIT) with a focus on providing capital for the preservation of affordable housing today announced that it has been granted membership to the Federal
Home Loan Bank of New York (FHLBNY).
SOUTHBRIDGE - Savers Bank announces $2,000 in donations: A matching donation of $1,000 to the Tri-Community YMCA in conjunction with a $1,000 donation from the Federal
Home Loan Bank of Boston's Grants for New England Partnerships program.
Under the Federal
Home Loan Bank Act of 1932, insurers, banks and thrifts can become members in their regional federal
home loan banks and apply for low-rate cash advances.
However, the Federal
Home Loan Bank system, another housing GSE, has fared somewhat better during the financial crisis.
Since June 2007, Richard Dorfman has served as president and chief executive officer (CEO) of the Federal
Home Loan Bank of Atlanta, whose members are commercial banks, credit unions, thrifts and insurance companies headquartered in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia and the District of Columbia.
The Federal
Home Loan Bank of Dallas has total assets of $53.3 billion.
At NHSA, he supported introduction of a new loan product for low-income borrowers with funding from the Federal
Home Loan Bank Affordable Housing Program.