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Island Federal Credit Union

Popular Accounts at this Credit Union

2.00%5-year CD60 Month Certificate
1.25%18-month CD18 Month Certificate Special
1.75%4-year CD48 Month Certificate

Overview / Commentary
120 Motor Pkwy
Hauppauge, NY 11788-5107

Island Federal Credit Union is headquartered in Hauppauge and is the 16th largest credit union in the state of New York. It is also the 203rd largest credit union in the nation. It was established in 1955 and as of June of 2017, it had grown to 103 employees and 37,266 members at 9 locations. Island Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership in Island Federal Credit Union is open to the following: (1) Those who live, work, attend school or worship in Nassau or Suffolk Counties in New York, with the exclusion of Shelter Island, Southampton, and East Hampton; (2) Members of locals of Communications Workers of America: Local 1104 (Nassau County, NY); Local 1106 (Queens County, NY); Local 1108 (Suffolk County, NY); Local 1109 (Kings County, NY); Local 1102 (Staten Island, NY); and Local 1105 (Bronx, NY); 3) Members of record of CWA Long Island Federal Credit Union #22209 as of June 30, 2013.
See current membership details

Related Posts

Island FCU (NY) Adds 11-Month Certificate Special - 8/16/2017

Island FCU (NY) has added an 11-month Certificate Special that earns 1.75% APY. The minimum deposit is $1k of new money, with no stated balance cap.

11 Month CD Special: 1.75% APY, Long Island, NY - 8/15/2017

11 Month CD special: 1.75% APY, Long Island, NY. New money only. IRA's in branch only.

Island FCU (NY) Raises Rates On Long-Term CDs - 1/23/2017

Island FCU ( NY) raised rates on its 60-month Certificate (2.25% APY) and 84-month Certificate (2.50% APY). Minimum deposit is $1k, with no stated balance cap.

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Health Grade Components

NCUA #10023
Year Chartered1955
Primary Regulator
Profit Margin
Return on Assets - YTD0.38%
Return on Equity - YTD5.01%
Annual Interest Income$16.3MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$1.32B$1.12B
LoansQ2 2017vs Q2 2016$645.7MM$517.0MM
DepositsQ2 2017vs Q2 2016$1.00B$884.7MM
Equity CapitalQ2 2017vs Q2 2016$99.1MM$107.3MM
Loan Loss AllowanceQ2 2017vs Q2 2016$1.7MM$1.2MM
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$3.0MM$2.2MM
Real Estate OwnedQ2 2017vs Q2 2016$0$0
User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

11 Month CD Special: 1.75% APY, Long Island, NY

barry_NY |
11 Month CD special: 1.75% APY, Long Island, NY. New money only. IRA's in branch only.

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Always verify rates and promotions with the bank or credit union. We are not Island Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Island Federal Credit Union Savings Account Rates

0.20%--Roth IRA Savings
0.20%--Traditional IRA Savings
0.05%--Regular Savings
0.05%--Vacation Club
0.05%--Holiday Club

Island Federal Credit Union Money Market Rates

0.45%*$250k*-Money Market GOLD
OTHER TIERS: 0.05% Up to $50k | 0.25% $50k - $100k | 0.35% $100k - $250k
0.10%--Money Market PLUS

Island Federal Credit Union Checking Account Rates

0.05%$2,500-Checking Account

Island Federal Credit Union CD Rates

2.25%$1k-84 Month Certificate
2.25%$500-84 Month Kid's Certificate
2.00%$1k-60 Month Certificate
2.00%$500-60 Month Kid's Certificate
1.75%$1k-48 Month Certificate
1.75%$500-48 Month Kid's Certificate
1.75%$1k-11 Month Certificate Special (New Money)
1.75%$500-11 Month Kid's Special
1.50%$1k-30 Month Certificate Special
1.50%$500-30 Month Kid's Special
1.30%$1k-36 Month Certificate
1.30%$500-36 Month Kid's Certificate
1.25%$1k-18 Month Certificate Special
1.25%$500-18 Month Kid's Special
1.20%$1k-24 Month Certificate
1.20%$500-24 Month Kid's Certificate
0.75%$1k-6 Month Certificate Special
0.75%$500-6 Month Kid's Certificate Special
0.65%$1k-12 Month Certificate
0.65%$500-12 Month Kid's Certificate
0.45%$1k-6 Month Certificate
0.45%$500-6 Month Kid's Certificate
0.35%$1k-3 Month Certificate
0.35%$500-3 Month Kid's Certificate

Island Federal Credit Union IRA Rates

2.25%$1k-84 Month IRA Certificate
2.00%$1k-60 Month IRA Certificate
1.75%$1k-48 Month IRA Certificate
1.75%$1k-11 Month IRA Special
1.50%$1k-30 Month IRA Special
1.30%$1k-36 Month IRA Certificate
1.25%$1k-18 Month IRA Special
1.20%$1k-24 Month IRA Certificate
0.75%$1k-6 Month IRA Special
0.65%$1k-12 Month IRA Certificate
0.45%$1k-6 Month IRA Certificate
0.35%$1k-3 Month IRA Certificate

Island Federal Credit Union Locations
Branch Office85 E Old Country RdHicksville, NY 11801-4243
Branch Office120 Motor PkwyHauppauge, NY 11788-5107
Branch Office2752 Sunrise HwyBellmore, NY 11710
Branch Office1077 Old Country RdRiverhead, NY 11901-2019
Branch Office4820 Sunrise HwySayville, NY 11782-1013
Branch Office920 Middle Country RdSelden, NY 11784
Branch Office824 Hicksville RdNorth Massapequa, NY 11758-1262
Branch OfficeStony Brk Health Science Tower Level 2Stony Brook, NY 11794-0001
Branch Office100 Nicolls RdStony Brook, NY 11790-3407