COMMITMENT AND CONTINGENT LIABILITIES Federal Home Loan Bank, Advances (Tables)

3 Months Ended

Mar. 31, 2017

Federal Home Loan Banks, advances [Abstract]

Federal Home Loan Bank, Advances [Table Text Block]

	Outstanding balance at end of period		Maturity of Outstanding balance	Issued during the period		Repaid during the period
March 31, 2017:	(In Millions)
Short-term FHLBNY funding agreements	$	500	less than one month	$	1,500	$	1,500
Long-term FHLBNY funding agreements	232		less than 4 years	174		—
	1,035		Less than 5 years	99		—
	744		greater than five years	—		—
Total long-term funding agreements	2,011			273		—
Total FHLBNY funding agreements at March 31, 2017	$	2,511		$	1,773	$	1,500
December 31, 2016:
Short-term FHLBNY funding agreements	$	500	less than one month	$	6,000	$	6,000
Long-term FHLBNY funding agreements	58		less than 4 years	58		—
	862		Less than 5 years	862		—
	818		greater than five years	818		—
Total long-term funding agreements	1,738			1,738		—
Total FHLBNY funding agreements at December 31, 2016	$	2,238		$	7,738	$	6,000