José Rafael Fernández, CEO of Oriental, has been elected as to the Board of Directors of the Federal Home Loan Bank of New York (FHLBNY). This appointment reflects the support of Puerto Rico’s financial community and reinforces the commitment to FHLBNY’s mission of providing secure access to funds to promote housing, community development, and financial stability in local economies.
“It is an honor to continue contributing to FHLBNY’s mission and to work on initiatives that foster sustainable growth and encourage affordable housing. This role also allows me to bring forward the perspective of our communities’ needs. I am grateful for the opportunity,” said Fernández.
The Federal Home Loan Bank of New York is a key institution that supports banks and credit unions by providing liquidity to drive housing and community development projects. José Rafael Fernández’s participation on this board strengthens Puerto Rico’s representation in decisions that impact access to financing and the creation of opportunities for communities.
