8-K: FHLBNY Re-Elects Robbins to Board, Elects Labozzetta as New Jersey Member Director

Anthony Labozzetta, President and CEO of Provident Bank, and Ira Robbins, Chairman and CEO of Valley National Bank, were declared elected to the FHLBNY Board as New Jersey Member Directors with terms commencing January 1, 2027. Robbins, the incumbent, will serve a four-year term ending December 31, 2030, while Labozzetta will serve a one-year term ending December 31, 2027. The one-year term will not count toward the statutory limitation prohibiting FHLBank directors from serving more than three consecutive four-year terms. Ballots for two open Districtwide Independent Director seats will be distributed in October.

Anthony Labozzetta, President and CEO of Provident Bank, and Ira Robbins, Chairman and CEO of Valley National Bank, were declared elected to the FHLBNY Board as New Jersey Member Directors with terms