Federal Home Loan Bank of New York and Guardian Insurance join forces!

Hello friends, I hope you are feeling energetic. 2024 has proved to be a huge and unforgettable one for Guardian Insurance. Live Insurance Info has received news from sources that Guardian Insurance has recently partnered with the Federal Home Loan Bank of New York. It means that Virgin Islanders will make more profits than before.

For your information, let us tell you that Guardian officially became a member of the Federal Home Loan Bank on July 10, and this partnership has opened up new growth opportunities for Guardian Insurance. It will directly benefit the communities it serves. Along with this, the bank policyholders get additional protection.

FHLBNY CEO Praises Guardian Insurance Partnership

Federal Home Loan Bank of New York Chairman and CEO Jose R. Gonzalez praised the partnership. It said in its release that the bank is committed to investing in communities and supporting them economically. He further says that Guardian, the first U.S. Virgin Islands-based insurer to join the FHLBNY, has expanded its presence in the U.S. Virgin Islands and Puerto Rico. “We are committed to working with Guardian Insurance to make the reach of our liquidity and community investment funds broader than ever throughout the region.”

Guardian Insurance Vice President Mary Hernandez gave her statement in The Daily News. In her statement, she said that by becoming a part of this network, Guardian Insurance provides financial assistance to non-profit organizations and thus leads to the economic development of the Virgin Islands. This partnership will give Guardian Insurance access to forms and resources that can help the Virgin Islands move forward.

Hernandez added that the partnership with the Federal Home Loan Bank of New York aims to invest in communities and provide them with financial aid. To learn more about the Federal Home Loan Bank of New York and its initiatives, visit www.fhlbny.com or contact Alexies Sornoza at alexies.sornoza@fhlbny.com.

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