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Article: AXA Equitable Life Insurance Company and MONY Life Insurance Company Join the Federal Home Loan Bank of New York.
- Article from:
- PR Newswire
- Article date:
- July 21, 2008
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Copyright informationCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, July 21 /PRNewswire/ -- AXA Equitable Life Insurance Company and MONY Life Insurance Company, as subsidiaries of AXA Financial Inc., are welcomed as members of the Federal Home Loan Bank of New York (FHLBNY).
"We are delighted that AXA Equitable Life Insurance Company and MONY Life Insurance Company have joined the Federal Home Loan Bank of New York," said Alfred A. DelliBovi, President of the FHLBNY. "Membership allows them to take advantage of FHLBNY's product line of financial services, including reliable, low-cost advances that can be used for liquidity management, funding agreements, and general asset/liability management."
"We are pleased to be ...
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