About Us
Island Federal Credit Union (Island Federal), headquartered in Hauppauge, N.Y., has been serving the community and our Members for over 70 years. We are a not-for-profit, full-service financial institution, providing affordable banking products and services to Long Islanders since 1955.
“The satisfaction of our Members is always our top priority. At Island Federal, we never lose sight of the fact that we are owned by our members, so service remains our top concern.”
Members have access to a complete menu of loan and deposit products, including Checking accounts, Auto loans, Mortgage, Home Equity loans and lines, a Credit Mastercard® and Student Choice College loans.
For anytime access, Island offers free 24/7/365 customer service, online banking, bill payer, and mobile banking services.
Our success can be attributed to consistently delivering the best rates, no hidden fees, and exceptional service to our Members.
Founded in 1955, Island has grown to be among the top performing credit unions in New York State with $1.3 billion in assets, serving over 50,000 Members.
In 2014, Island announced a 10-year, multi-faceted partnership with Stony Brook University that included naming rights of the Island Federal Credit Union Arena, sponsorship of the Stony Brook Film Festival, support of the Long Island State Veterans Home and Stony Brook Children’s Hospital as well as providing two branches and more than a dozen ATMs on the Stony Brook University campus.
In 2018, Island Federal merged with Bay Ridge Federal Credit Union, expanding the charter into Brooklyn.
At Island Federal, we believe financial knowledge should be available to all and our partnership with Thrive Mission Inc. is how we’re making that a reality. Since 2026, we’ve been working side by side to offer free educational articles, financial wellness seminars (both in-person and virtual), and online multimedia resources. We’ve also opened the door for all Thrive Mission Inc. members to enjoy the full benefits of Island Federal membership, wherever they live.
Island Federal operates eight full-service branches located on Long Island, in Bellmore, East Setauket, Hauppauge, Hicksville, Massapequa, Riverhead, Sayville, and Selden. Island Members can also access their Island accounts at more than 5,600 shared credit union branches throughout the country, and over 125,000 surcharge-free ATM networks worldwide.