Federal Home Loan Bank of New York | 6,610 followers on LinkedIn. The FHLBNY is wholesale financial institution servicing New York, New Jersey, Puerto Rico, and U.S. Virgin Islands. | The Federal Home Loan Bank of New York (FHLBNY) is a privately-owned wholesale bank that helps community lenders in New Jersey, New York, Puerto Rico and the U.S. Virgin Islands advance housing and community growth. The FHLBNY membership is comprised of commercial banks, savings banks, savings and loans, credit unions, insurance companies and community development financial institutions.