Northfield Bank Chairman Elected to Federal Home Loan Bank of NY Board

On Dec 18, 2024

Steven M. Klein, chairman and CEO of Northfield Bank, has been elected to the Board of Directors of the Federal Home Loan Bank of New York (the “FHLBNY”) for a four-year term, commencing on Jan. 1, 2025 and end on Dec. 31, 2028.

“I am humbled and honored for the support and confidence the New York members of the FHLBNY have placed in me to continue to serve and advocate for the critical mission of the FHLBNY to provide reliable liquidity to its members in support of housing and local community development,” Klein said.

At Northfield Bank, Klein is responsible for leading strategic planning and execution related to lending, deposit gathering, technology deployment, risk management, customer and employee experience, and branding.

He is a member of the New York Bankers Association, a member of the ABA Government Relations Council, and previous committee member of the ABA Community Bankers Council. Klein also is a board member of the New Jersey Bankers Association and past immediate Chair. He is a Trustee of the Northfield Bank Foundation and serves as a director and executive committee member of the Staten Island Economic Development Corporation, a director of the Brooklyn Chamber of Commerce, and a trustee, executive committee member and finance chair of the Richmond University Medical Center. He is a Certified Public Accountant, and a member of the AICPA. Klein earned a Bachelor of Science degree in Business Administration from Montclair State University.

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