Spencer, NY (November 29, 2023) — Robert M. Fisher, President and Chief Executive Officer, Tioga State Bank (TSB), was elected by the Federal Home Loan Bank of New York (FHLBNY) to serve on the FHLBNY’s Board as Member Director representing New York State for four-year terms of office. He will hold that position from January 1, 2024 through December 31, 2027.
The Federal Home Loan Bank of New York is a Congressionally chartered, wholesale Bank. The FHLBNY’s mission is to provide members with reliable liquidity in support of housing and local community development. It is part of the Federal Home Loan Bank System, a national wholesale banking network of 11 regional, stockholder-owned banks. As of September 30, 2023, the FHLBNY serves 334 financial institutions in New Jersey, New York, Puerto Rico, and the U.S. Virgin Islands.