What changed
Snook resigned as President and CEO effective October 20, 2026, and will serve as a senior advisor through December 31, 2026 to assist the transition. The Board has initiated a search for a permanent replacement and named Jonathan West, who joined the FHLBNY in May 2015 and served as Chief of Staff/Senior Advisor since February 2026, as Interim President and CEO effective October 20, 2026. West brings more than 40 years of experience within the FHLBank System, previously serving as Executive Vice President and Chief Operating Officer of the Federal Home Loan Bank of Indianapolis. Snook joined the FHLBNY in February 2025 after serving as CEO of the Federal Home Loan Banks Office of Finance from January 2019.
Why it matters
Snook resigned as President and CEO effective October 20, 2026, and will serve as a senior advisor through December 31, 2026 to assist the transition. The Board has initiated a search for a permanent
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Oct 22, 2026 06:13 PM ET