About Us

Island Federal Credit Union (Island Federal), headquartered in Hauppauge, N.Y., has been serving the community and our Members for over 65 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.

Island Federal - Riverhead branch
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Founded in 1955, Island has grown to be among the top performing credit unions in New York State with $1.5 billion in assets, serving nearly 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, adding a branch in Brooklyn. 

In addition to the Stony Brook University and Brooklyn locations, Island 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 110,000 surcharge-free ATM networks worldwide.