FINANCIAL_SERVICESONGOING

FHLB NY Issues $18M LOC for Flushing Deposits

The Federal Home Loan Bank of New York provides an irrevocable stand-by letter of credit securing Smithtown Central School District’s deposits at Flushing Bank, with a draw limit of up to $18 million.

Status
ONGOING
Document date
September 30, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Federal Home Loan Bank of New York
Agency
Smithtown Central School District · NY

Trusted by teams at

Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Up to $18,000,000.00
Contract type
FINANCIAL_SERVICES
Renewal
Irrevocable stand-by letter of credit serves as collateral support for Flushing Bank deposits up to $18,000,000.00; specific expiration date not stated in the report.
Document type
Report
Source document
Smithtown Central School District Treasurer's Monthly Report 2025-09-30

Related contracts

Other contracts from Federal Home Loan Bank of New York.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Smithtown Central School District?

Federal Home Loan Bank of New York was awarded this financial services contract by Smithtown Central School District, as recorded on September 30, 2025. The contract value is Up to $18,000,000.00.

How much is the Federal Home Loan Bank of New York contract with Smithtown Central School District worth?

The Federal Home Loan Bank of New York contract with Smithtown Central School District is valued at Up to $18,000,000.00, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in Smithtown Central School District Treasurer's Monthly Report 2025-09-30 (Report), dated September 30, 2025 from Smithtown Central School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Federal Home Loan Bank of New York hold?

Federal Home Loan Bank of New York may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Federal Home Loan Bank of New York's profile

What is Smithtown Central School District currently buying?

Explore Smithtown Central School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Smithtown Central School District's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free