UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
| Date of Report (Date of Earliest Event Reported): | November 6, 2007 |
Federal Home Loan Bank of New York
__________________________________________
(Exact name of registrant as specified in its charter)
| Federally Chartered Corporation | 000-51397 | 136400946 |
| _____________________ (State or other jurisdiction | _____________ (Commission | ______________ (I.R.S. Employer |
| of incorporation) | File Number) | Identification No.) |
| 101 Park Avenue, Floor 5, New York, New York | 10178-0599 | |
| _________________________________ (Address of principal executive offices) | ___________ (Zip Code) |
| Registrant’s telephone number, including area code: | 212-441-6616 |
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d) In a Current Report on Form 8-K dated November 6, 2007, the Federal Home Loan Bank of New York ("Bank") announced that John M. Scarchilli, President and Chief Executive Officer, Pioneer Savings Bank, Troy, NY; Joseph R. Ficalora, Chairman, President and CEO, New York Community Bank, Westbury, NY; Ronald E. Hermance, Chairman, President and CEO, Hudson City Savings Bank, Paramus, NJ; and Kevin J. Lynch, Chairman, President and CEO, Oritani Savings Bank, Washington Township, NJ (collectively, the "Reelected Directors") were each reelected by the Bank’s members to serve on the Board of Directors ("Board") of the Bank for three-year terms commencing January 1, 2008 and ending December 31, 2010. (All of the Reelected Directors currently serve on the Board; their terms expire on December 31, 2007.)
At the time of the filing, none of the Reelected Directors had been named to serve on any committee of the Board for 2008; further, the Bank indicated that whether the Reelected Directors were expect ed to be named to serve on any committee of the Board for 2008 had not been determined.
On December 20, 2007, the Board appointed, for the year 2008, Mr. Scarchilli to serve on the Audit and Housing Committees of the Board; Mr. Ficalora to serve on the Audit and Housing Committees of the Board; Mr. Hermance to serve on the Executive, Corporate Governance, and External Affairs Committees of the Board; and Mr. Lynch to serve on the Executive, Compensation and Human Resources, and Housing Committees of the Board.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Federal Home Loan Bank of New York | ||||
| December 26, 2007 | By: | /s/ Patrick A. Morgan | ||
| Name: Patrick A. Morgan | ||||
| Title: Senior Vice President and Chief Financial Officer | ||||