HAUPPAUGE, NEW YORK – The Board of Directors of Island Federal Credit Union (Island Federal) is pleased to announce the selection of Craig A. Booth as the organization’s new President and Chief Executive Officer effective immediately.
“Craig, who has been serving as Interim President & CEO, brings a wealth of experience, leadership, and dedication to his new role,” said John Adragna, Chairman of the Board, Island Federal. In his decade at Island Federal, he has held several positions including Senior Vice President of Technology, and more recently, Executive Vice President and Chief Operating Officer.
“The Board has full confidence in Craig’s ability to lead Island Federal into the next chapter of growth and prosperity. His visionary leadership combined with his deep understanding of the credit union industry and commitment to the community, make him the ideal person to guide us forward. We are excited about what the future holds under Craig’s leadership.”
Adragna concludes, “With over 25 years of experience in the credit union industry, Craig’s career has been marked by an unwavering commitment to innovation and growth. His previous roles, including positions with the West Virginia Credit Union League, the National Credit Union Administration (NCUA), and Fiserv, have further honed his expertise.”
“I am deeply honored to step into the role of President and CEO of Island Federal, a trusted institution that has served our Members and their families for 70 years. At Island Federal, our mission is to enrich the lives of our Members by offering convenient financial and insurance services that go above and beyond expectations. Every Member deserves the highest level of service, and we are dedicated to delivering unmatched financial support and innovative solutions to meet our Members’ needs now and into the future,” stated Booth.
Booth is a graduate of the prestigious Credit Union Executive Society (CUES) CEO Institute. He also services as a Director on the Board of the New York Credit Union Foundation. A proud veteran, Booth served honorably in the U.S. Army National Guard.
About Island Federal Credit Union
Island Federal Credit Union, headquartered in Hauppauge, N.Y., is a not-for-profit, full-service financial institution, providing affordable banking products and services to Long Islanders. 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 over 50,000 Members. Island’s successful history can be attributed to consistently delivering the best rates, no hidden fees, and exceptional service to its Members. When banking at Island, Members have access to a complete menu of loan and deposit products, including Cash Back Checking accounts, Certificate accounts, IRAs, 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. In addition to its Hauppauge headquarters, Island operates eight full-service branches located on Long Island: Bellmore, East Setauket, Hicksville, Massapequa, Riverhead, Sayville, Selden, and Stony Brook Health Science Center. Island members can also access their Island accounts at more than 5,600 shared credit union branches throughout the country, and over 125,000 no-fee ATM networks worldwide. For more information about Island, stop by any branch, visit their website, islandfcu.com, or call (631) 851-1100.