The board of directors of Federal Home Loan Bank of New York (FHLBNY) recently appointed Adam Goldstein to serve as president and CEO, effective Monday.
Goldstein has worked for the bank since 1997, most recently as chief business officer, a role he held since 2015. As chief business officer, he led the creation of the Mortgage Asset Program, the development of numerous affordable housing and community development products and programs, and the advances and Letter of Credit programs.
“Across his career at the FHLBNY, Adam has led our efforts to serve our members, strengthen our communities, engage our stakeholders, execute on our strategy, and safeguard our cooperative,” Christopher Martin, FHLBNY chairman, said. “He has excelled as a leader, and the board is confident in Adam as he takes on this new responsibility. Adam will ensure the FHLBNY is always focused on our members, our communities, our people, and our mission.”
The Federal Home Loan Bank of New York is part of the Federal Home Loan Bank System, a national wholesale banking network of 11 regional, stockholder-owned banks. It serves 337 financial institutions in New Jersey, New York, Puerto Rico, and the U.S. Virgin Islands and specializes in reliable liquidity to support housing and local community development.