NY Federal Home Loan Bank elects new directors for 2024 term

A mix of new and familiar leaders to guide FHLBNY

NY Federal Home Loan Bank elects new directors for 2024 term

The Federal Home Loan Bank of New York (FHLBNY) has unveiled the results of its board of directors’ election, which saw four positions filled for terms starting on Jan. 1, 2024, and ending on Dec. 31, 2027.

Elected to represent New York as member directors were Robert Fisher and Anders Tomson. Fisher is the chairman, president, and CEO of Tioga State Bank, and Tomson holds the position of president and CEO at Chemung Canal Trust Company.

FHLBNY’s districtwide members also re-elected Ángela Weyne and elected Carolyn Maloney as independent directors. Weyne, who serves on multiple board committees and is the former Commissioner of Insurance of the Commonwealth of Puerto Rico, will continue as an independent director. Previously a member of the United States House of Representatives, Maloney will join as a public interest independent director.

“Our cooperative is tasked with the vital and foundational mission of providing liquidity to our members in all operating environments, and plays a critical role in supporting affordable housing and community development efforts across our district,” José González, president and CEO of the FHLBNY, said in a media release. “As stewards of this mission, each director plays a key role in ensuring the Bank remains focused on serving our members and our communities in all that we do.

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“Director Weyne has provided significant contributions to our cooperative, and I know we will benefit from her continued service. I am also excited about the new expertise and insights Mr. Fisher, Ms. Maloney and Mr. Tomson will bring to our board. My colleagues and I look forward to continuing to work with all of our directors to grow and strengthen our franchise.”

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