FEDERAL HOME LOAN BANK OF NEW YORK DECLARES A 7.50% DIVIDEND FOR THE FIRST QUARTER OF 2026 (Form 8-K)

FEDERAL HOME LOAN BANK OF NEW YORK

DECLARES A 7.50% DIVIDEND FOR THE FIRST QUARTER OF 2026

I am pleased to announce that, on May 21, 2026, our Board of Directors approved a dividend for the first quarter of 2026 of 7.50% (annualized). The dividend proceeds will be distributed to FHLBNY member financial institutions on May 22, 2026.

Our members are not only our customers and partners, but the principal stakeholders in our cooperative. The capital our members invest in the FHLBNY anchors our balance sheet and underscores our ability to execute on our foundational liquidity mission, provisioning local credit to communities across our region.

When determining the quarterly dividend, the FHLBNY considers a range of factors, including current and projected performance, strategic initiatives, retained earnings levels, the interest rate environment and operating conditions. It is the intent of the FHLBNY to provide a reasonable return on our members' investment in our cooperative.

We filed our Form 10-Q for the first quarter of 2026 with the U.S. Securities and Exchange Commission on May 7, 2026.

Sincerely,

Randolph C. Snook

President and CEO

# # #