Federal Home Loan Bank of New York
- Standard Industry
Classification - Federal & federally-sponsored credit agencies
- Address
- 101 Park Avenue, 5Th Floor, New York, NY 10178
- Phone
- 212-681-6000
- Official Website
- http://www.fhlbny.com
Sample Contracts
Schedule A (August 17th, 2017)
We are an at will employer and do not provide written employment agreements to any of its employees, except that we do provide Executive Change in Control Agreements to certain senior executives (refer to Section IV.D of the Compensation Discussion and Analysis, Severance Plan and Executive Change in Control Agreements, for further details). However, employees, including NEOs, receive: (a) cash compensation (i.e., base salary, and, for exempt employees, variable or at risk short-term incentive compensation); (b) retirement-related benefits (i.e., the Qualified Defined Benefit Plan; the Qualified Defined Contribution Plan; and the Nonqualified Defined Benefit Portion of the Benefit Equalization Plan (DB BEP)) and (c) health and welfare programs and other benefits. Other benefits, which are available to all regular employees, include medical, dental, vision care, life, business travel accident, and short and long term disability insurance, flexible spending accounts, an employee assista
This Amended and Restated Federal Home Loan Banks P&I Funding and Contingency Plan Agreement (Agreement) is entered into as of this 1st day of January, 2017 (the Effective Date) by and among the Office of Finance (the OF) and each of the Federal Home Loan Banks (Banks) and supersedes the Federal Home Loan Banks P&I Funding and Contingency Plan Agreement, effective as of July 20, 2006, by and among the OF and Banks. The OF and the Banks are sometimes referred to herein individually as a party and collectively as the parties. All references in this Agreement to any of the parties to this Agreement include such party or any successor entity.
The objective of the Federal Home Loan Bank of New Yorks (Bank) 2017 Incentive Compensation Plan (Plan) is to motivate employees to take actions that support the Banks strategies and lead to the attainment of the Banks business plan and fulfillment of its mission.
PURPOSE: The Director Compensation Policy (Policy) establishes meeting fees that the Federal Home Loan Bank of New York (FHLBNY) will pay to the Board of Directors (collectively, the Board; each member individually or severally, the Directors) of the FHLBNY and also sets forth the types of Director expenses that may be reimbursed. The activities referred to in this Policy are those as to which the Board believes Director attendance is necessary and appropriate and which may be compensated. The Policy has been prepared in accordance with Section 7 of the Federal Home Loan Bank Act (Bank Act) and the regulations of the Federal Housing Finance Agency (FHFA) regarding Director compensation and expenses.
1.04 Date of Employment means and refers to the most recent date on which an individual began employment by the Bank as an Employee.