Federal Home Loan Bank of New York’s Post

The Federal Home Loan Bank of New York is proud to support our member, Abacus Federal Savings Bank, in strengthening communities throughout New York City.   Through our Small Business Recovery Grant Program, Abacus Bank has provided funding to twelve nonprofit organizations that address a variety of local needs, including youth education, immigrant services, senior support, small business development, and public safety.   Among the grant recipients are organizations such as the New York Chinese School, which has been dedicated to cultural preservation and education for generations, and CITYarts, Inc., which empowers youth through collaborative public art projects that enhance neighborhoods and foster community pride.   Together with members like Abacus Bank, the FHLBNY remains committed to promoting community development across the region.