---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-008925"
form_type: "8-K"
ticker: null
cik: "0001329842"
company_name: "Federal Home Loan Bank of New York"
filed_at: "2024-07-15T23:59:59+00:00"
generated_at: "2026-05-31T20:40:06.506311+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# FHLB New York elects three new member directors to fill board vacancies

## Summary
- Steven M. Klein (Northfield Bank) elected New York Member Director effective July 9, 2024; term ends Dec. 31, 2024.
- William J. Turner, Jr. (MetLife) elected New York Member Director; term ends Dec. 31, 2025, filling vacancy.
- José Rafael Fernández (Oriental Bank) elected Puerto Rico & US Virgin Islands Member Director; term ends Dec. 31, 2025.
- All three fill vacancies left by former directors Kenneth J. Mahon, Thomas R. Cangemi, and Carlos Vázquez.
- Nominations for 2025 director seats open until August 2, 2024.

## SEC filing metadata
- accession: 0001654954-24-008925
- form_type: 8-K
- cik: 0001329842
- company_name: Federal Home Loan Bank of New York
- filed_at: 2024-07-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1329842/000165495424008925/0001654954-24-008925-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1329842/000165495424008925/fhlbny_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-008925
- JSON: https://secwatch.observer/filing/0001654954-24-008925.json
- Plain text: https://secwatch.observer/filing/0001654954-24-008925.txt

## Key facts
- Executive change
  William J. Turner, Jr. was elected as Member Director representing New York members at Federal Home Loan Bank of New York.
  - Action: elected
  - Role: Member Director representing New York members
  source text: Mr. William J. Turner, Jr., Senior Vice President of Metropolitan Life Insurance Company, New York, New York, to serve as a Member Director representing New York members.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1329842/000165495424008925/0001654954-24-008925-index.htm
- Executive change
  José Rafael Fernández was elected as Member Director representing Puerto Rico and U.S. Virgin Islands members at Federal Home Loan Bank of New York.
  - Action: elected
  - Role: Member Director representing Puerto Rico and U.S. Virgin Islands members
  source text: Mr. José Rafael Fernández, Chairman, President & CEO of Oriental Bank, San Juan, Puerto Rico, to serve as a Member Director representing Puerto Rico and U.S. Virgin Islands members.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1329842/000165495424008925/0001654954-24-008925-index.htm
- Executive change
  Steven M. Klein was elected as Member Director representing New York members at Federal Home Loan Bank of New York.
  - Action: elected
  - Role: Member Director representing New York members
  source text: Mr. Steven M. Klein, Chairman, President & CEO of Northfield Bank, Staten Island, New York, to serve as a Member Director representing New York members.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1329842/000165495424008925/0001654954-24-008925-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.