Financial Education		
			
		Current Mortgage Rates on Long Island
			Should you apply for a mortgage now or wait for mortgage rates on Long Island to fall? Could they go up in the meantime? Many ...		
					
					
																						
			October 8, 2025		
				
					
			Financial Education		
			
		Used Car Loans on Long Island: What You Need to Know
			Vehicle loans are one of the most common ways to finance a used car purchase, as they allow you to spread out the total cost ...		
					
					
																						
			August 12, 2025		
				
					
			Financial Education		
			
		How to Get Pre-Approved for an Auto Loan
			Many buyers pursue auto loan pre-approval as a key first step when they’re in the market for a new vehicle. It’s also a smart first ...		
					
					
																						
			July 16, 2025		
				
					
			Financial Education		
			
		8 Powerful Benefits of Credit Union Membership
			Are you exploring your banking options? If so, you’re likely deciding between joining a bank or a local credit union. Both have pros and cons, ...		
					
					
																						
			April 23, 2025		
				
					
			Financial Education		
			
		Credit Union Auto Loan Refinancing: A Smart Way to Save
			What are you currently paying in interest on your auto loan? If it’s too high and you think you could qualify for a better rate, ...		
					
					
																						
			April 21, 2025		
				
					
			Financial Education		
			
		Comparing HELOCs and Home Equity Loans
			Looking to tap into your home’s equity to help fund an improvement, renovation, pay for college or consolidate debt? As a homeowner, you have options, ...		
					
					
																						
			March 12, 2025		
				
					
			Financial Education		
			
		Where is the Best Place to Get a Personal Loan on Long Island?
			Looking for a personal loan on Long Island? You have a lot of options to choose from, but it’s important to carefully weigh them all ...		
					
					
																						
			January 15, 2025		
				
					
			Financial Education		
			
		Mixed-Use Loans: Financing for Versatile Properties
			Mixed-use properties are defined as properties with a residential component and a commercial component. Noting this unique zoning structure, buyers also have different ways of ...		
					
					
																						
			December 17, 2024		
				
					
			Financial Education		
			
		Choosing the Best Home Equity Loan in New York
			A home equity loan is a type of loan that allows you to borrow money using the equity in your home as collateral. Home equity ...		
					
					
																						
			November 20, 2024		
				
					
			Financial Education		
			
		Understanding Commercial Loans
			Commercial Loans: Guide for Long Island Businesses What is a Commercial Loan? When it comes to understanding commercial loans Island Federal has to offer, we ...		
					
					
																						
			October 30, 2024		
				
					Useful Financial Sites
In these challenging times, it is absolutely essential for everyone to have an understanding of financial basics. We encourage you to visit these sites for fair, unbiased and useful information about money and personal finances. These are great for you …and your family!
Free Credit Report
You are eligible to receive a free credit report from each of the major credit bureaus once per year.
Products & Services
Cash Back Checking
							Cash Back Rewards with every swipe						
					
								Mortgage
							Home buying built for you						
					
								Vehicle Loans
							New, Used, or Lease Buy-Out; You can save with Island						
					
								Savings
							Make your money work for you						
					
								Certificates
							Build your wealth with Island’s certificates						
					
								Personal Loans
							Extra cash for when you need it most						
					
								College Loan
							Save on college expenses with Island Federal						
					
								 
				







