Fondo Sol will offer low-interest capital for business growth and development in El Yunque region. #NewsismyBusiness
This clarity provided by the FHFA makes it easier for Puerto Rican cooperatives to access financial services and stability. #NewsismyBusiness
The FHLBNY officially approved VAPR Federal Credit Union's membership application Oct. 12, 2022.
Banco Cooperativo de Puerto Rico, Banesco and the Federal Home Loan Bank of New York have joined the Puerto Rico Bankers Association, joining commercial banks Banco Popular de Puerto Rico, Citi and Firstbank, which are already part of the trade group. “For the Puerto Rico Bankers Association, it’s a great to be able to count […]
The El Zorzal Apartments has been included in a group of 46 affordable housing initiatives that will receive funding from the Federal Home Loan Bank of New York’s Affordable Housing Program (AHP), the stateside entity announced. The 24-unit, one-bedroom apartments reserved for the homeless, physically challenged, or mentally challenged population will get $703,540, José R. […]
Puerto Rico Federal Credit Union (PRFCU), in conjunction with the Federal Home Loan Bank of New York (FHLBNY), granted $100,000 in financial assistance to a number of local nonprofits that were affected by the COVID-19 pandemic. The capital injection came from the Small Business Recovery Grant Program, the institutions said. Among the entities that received […]
The coronavirus pandemic has had a significant impact on people’s health and the economy, with small business owners and nonprofits being the most affected sectors. To continue to support these groups, FirstBank, in conjunction with the Federal Home Loan Bank of New York (FHLBNY), announced that they will be granting $240,000 to 40 entities in […]
Triple-S Salud Inc. and Triple-S Vida Inc., both subsidiaries of Triple-S Management Corporation, have become members of the Federal Home Loan Bank of New York (FHLBNY), the companies announced. “We’re excited to be the first insurance company in Puerto Rico to become a member of such a high caliber organization and proud to meet the […]
In response to the severe and extensive damage caused by a series of earthquakes that continue to impact Puerto Rico, the Federal Home Loan Bank of New York has announced $500,000 in donations to organizations leading relief efforts in the Commonwealth. In addition to the charitable contributions, the FHLBNY has $1 billion in disaster relief […]
The Federal Home Loan Bank of New York announced Thursday that José R. González has been named president and chief executive officer of the FHLBNY effective April 1, 2014.
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