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FHLBNY

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FHLBNYFederal Home Loan Bank of New York (Jersey City, NJ)


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One commenter requested that HSBC Bank commit to remaining a member of FHLBNY.
Total borrowed funds and related interest payable at December 31, 2008 increased to $149 million, from $136 million at December 31, 2007, reflecting a $50 million increase in lower cost FHLBNY advances, partially offset by the early repayment of $37 million of higher rate subordinated debentures.
Total borrowed funds and related interest payable at September 30, 2008 increased to $211 million, from $136 million at December 31, 2007, reflecting a $95 million increase in short-term FHLBNY advances, partially offset by the early repayment of $21 million of higher rate subordinated debentures.
 
 
 
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