Steve M. Klein, Chairman and CEO of Northfield Bank, Elected to the Board of Directors of the Federal Home Loan Bank of New York

Core Points - Northfield Bank's CEO, Steven M. Klein, has been elected to the Board of Directors of the Federal Home Loan Bank of New York for a four-year term starting January 1, 2025 [1][2] - Klein expressed gratitude for the support from New York members and emphasized the importance of the FHLBNY's mission to provide liquidity for housing and community development [2] - Northfield Bank operates 38 full-service banking offices across New York and New Jersey, focusing on community support and development [3][4] Company Overview - Northfield Bank was founded in 1887 and has a presence in Staten Island, Brooklyn, and several counties in New Jersey [3] - The bank's leadership under Klein includes strategic planning in lending, technology, risk management, and community engagement [2] Federal Home Loan Bank of New York Overview - The FHLBNY is a wholesale bank that is part of a national network of 11 regional banks, serving 338 financial institutions and housing associates [4] - Its mission is to provide reliable liquidity to support housing and local community development [4]