Island Federal is proudly owned & governed directly by our Members.
Board of Directors
Island Federal Credit Union is governed by a volunteer Board of Directors who provide general direction and control of the affairs of the Credit Union in accordance with the Federal Credit Union Act, the Bylaws of Island and the rules, regulations and sound business practices within the credit union industry. The Volunteers are elected by the Members of the Credit Union to serve for a term of three years.
The Island Federal Credit Union Supervisory Committee is made up of Volunteers, appointed by the Board of Directors, who oversee all aspects of the credit union to determine that it is managed soundly and that members’ assets are being adequately safeguarded. The Committee ensures that the Board of Directors and credit union management meet required financial reporting objectives and that policies, practices and procedures are established to protect members’ assets.
Should you have an issue or concern that you feel has not been adequately addressed, please contact the Island Supervisory Committee, PO Box 11414, Hauppauge, NY 11788 or superviso[email protected].