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Island Federal Credit Union

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Island Federal Credit Union Rates & Review November 2026

Q: What are the current interest rates at Island Federal Credit Union?

Current rates for Island Federal Credit Union include: 12-Month CD: 2.50%, 24-Month CD: 3.70%, 60-Month CD: 2.50%, Savings: 5.00%, MMA: 1.00%

Q: What CD terms does Island Federal Credit Union offer?

Island Federal Credit Union CD rates are 2.75% APY for a 6 month CD, 4.00% APY for a 7 month CD, 2.50% APY for a 12 month CD, 4.25% APY for a 13 month CD, 3.70% APY for a 2 year CD, 2.75% APY for a 3 year CD and 2.50% APY for a 5 year CD, verified by MonitorBankRates as of October 29, 2026. The institution may offer other terms or specials that are not listed here, so check with Island Federal Credit Union for its full lineup.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: October 29, 2026

Island Federal Credit Union's 13 Month CD - Promotional Rate rates are at 4.25%, 7 Month CD - Promotional Rate rates are at 4.00%, 24 Month CD rates are at 3.70%, 36 Month CD rates are at 2.75%, 6 Month CD rates are at 2.75%. Island Federal Credit Union's savings rates are at 5.00%. Island Federal Credit Union's money market rates are at 1.00%. Island Federal Credit Union's checking rates are as high as 0.45%. Island Federal Credit Union's Fixed Rate Mortgage - 10 Years rates are at 6.50%, Fixed Rate Mortgage - 15 Years rates are at 6.62%, Fixed Rate Mortgage - 30 Years rates are at 6.88%, Fixed Rate Mortgage - 20 Years rates are at 6.88%, Adjustable Rate Mortgage - 10/1 ARM rates are at 7.00%. Island Federal Credit Union's Personal Loan Rates are as low as 9.99%. Island Federal Credit Union's CD rates are 7% lower than the MonitorBankRates national average, and it has an A health rating. MonitorBankRates evaluates the financial stability of Island Federal Credit Union with a 5.0 Star Rating, an A Overall Health Grade, and a Texas Ratio of 7.07%. Rates last updated and verified on 10/29/2026.

Island Federal Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Island Federal Credit Union? Share your experience about Island Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Island Federal Credit Union.

Verified Healthy 2026 Use This Badge on Your Credit Union Website

Overall Health & Safety Grade

Excellent Health Score: 96/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

7.07%

Excellent Higher than avg

Health Trend

Steady 12 quarters

Full history ›

Island Federal Credit Union
Headquarters

120 Motor Pkwy
Hauppauge, NY 11788-5152

https://islandfcu.org/

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Financial health data as of Q2 2026 (NCUA 5300 call report for the quarter ended June 30, 2026). This is the most recent call report available. The NCUA publishes credit union call reports about ten weeks after each quarter ends.

Island Federal Credit Union CD Rates

Product	Rate	APY	Term
13 Month Certificate - Promotional Rate	4.17%	4.25%	13 Month
No additional details. Last Updated 10/29/2026 Rate History No change since Oct 29, 2026 · 4.25% APY Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
7 Month Certificate - Promotional Rate	3.93%	4.00%	7 Month
No additional details. Last Updated 10/29/2026 Rate History No change since Oct 29, 2026 · 4.00% APY Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
24 Month Certificate	3.64%	3.70%	24 months
Min Balance $500 Last Updated 10/29/2026 Rate History No change since Oct 12, 2026 · 3.70% APY · checked 3 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
36 Month Certificate	2.72%	2.75%	36 months
Min Balance $500 Last Updated 10/29/2026 Rate History No change since Oct 12, 2026 · 2.75% APY · checked 3 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
6 Month Certificate	2.72%	2.75%	6 months
Min Balance $500 Last Updated 10/29/2026 Rate History No change since Oct 12, 2026 · 2.75% APY · checked 3 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
12 Month Certificate	2.47%	2.50%	12 months
Min Balance $500 Last Updated 10/29/2026 Rate History No change since Oct 12, 2026 · 2.50% APY · checked 3 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
48 Month Certificate	2.47%	2.50%	48 months
Min Balance $500 Last Updated 10/29/2026 Rate History No change since Oct 12, 2026 · 2.50% APY · checked 3 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
60 Month Certificate	2.47%	2.50%	60 months
Min Balance $500 Last Updated 10/29/2026 Rate History No change since Oct 12, 2026 · 2.50% APY · checked 3 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
3 Month Certificate	1.49%	1.50%	3 months
Min Balance $500 Last Updated 10/29/2026 Rate History No change since Oct 12, 2026 · 1.50% APY · checked 3 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%

Island Federal Credit Union Savings Rates

Product	Rate	APY
High 5 Youth Savings	-	5.00%
Min Balance $1 Details Balance: $1.00 - $500.00; Available for children 16 and under; Balances over $500 earn the current savings APY; Island Federal will contribute the first $1 to open Last Updated 10/29/2026 Rate History No change since Oct 8, 2026 · 5.00% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
High Five Youth Savings (Ages 16 and Under)	5.00%	5.00%
Min Balance $1 Details Balance: $1.00 - $500.00; Balances over $500 earn the current savings APY Last Updated 10/29/2026 Rate History No change since Oct 12, 2026 · 5.00% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
IRA Savings	0.20%	0.20%
No additional details. Last Updated 10/29/2026 Rate History No change since Oct 15, 2026 · 0.20% APY · checked 3 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Island Federal Savings Account	-	0.05%
Details No minimum balance or monthly maintenance fees; dividends calculated on daily balance and credited monthly Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 0.05% APY · checked 7 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Savings Account	0.05%	0.05%
No additional details. Last Updated 10/29/2026 Rate History No change since Oct 8, 2026 · 0.05% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Vacation Club or Holiday Club	0.05%	0.05%
No additional details. Last Updated 10/29/2026 Rate History No change since Oct 15, 2026 · 0.05% APY · checked 3 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%

Island Federal Credit Union Money Market Rates

Product	Rate	APY
Money Market Gold	1.00%	1.00%
Min Balance $1,000,000 Details Balance: $1,000,000 & Over Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 1.00% APY · checked 10 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Money Market Gold	0.75%	0.75%
Min Balance $250,000 Details Balance: $250,000 - $499,999.99 Last Updated 10/29/2026 Rate History No change since Sep 18, 2026 · 0.75% APY · checked 9 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Money Market Gold	0.75%	0.75%
Min Balance $500,000 Details Balance: $500,000 - $999,999.99 Last Updated 10/29/2026 Rate History No change since Sep 18, 2026 · 0.75% APY · checked 9 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Money Market Gold	0.70%	0.70%
Min Balance $100,000 Details Balance: $100,000 - $249,999.99 Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 0.70% APY · checked 10 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Money Market Gold	0.50%	0.50%
Min Balance $50,000 Details Balance: $50,000 - $99,999.99 Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 0.50% APY · checked 10 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%

Island Federal Credit Union Business Checking Rates

Product	Rate	APY
Business Premier Checking	-	0.45%
Min Deposit $5,000 Min Balance $5,000 Details Balance: + $250,000; Tier 4; Tiered-rate account; $20.00 monthly maintenance fee if average balance not maintained Last Updated 10/29/2026 Rate History No change since Oct 23, 2026 · 0.45% APY · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Business Premier Checking	-	0.40%
Min Deposit $5,000 Min Balance $100,000 Details Balance: $100,000 - $249,999; Tier 3; Tiered-rate account; $20.00 monthly maintenance fee if average balance not maintained Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 0.40% APY · checked 10 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Business Premier Checking	-	0.25%
Min Deposit $5,000 Min Balance $50,000 Details Balance: $50,000 - $99,999; Tier 2; Tiered-rate account; $20.00 monthly maintenance fee if average balance not maintained Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 0.25% APY · checked 10 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Business Premier Checking	-	0.15%
Min Deposit $5,000 Min Balance $5,000 Details Balance: Up to $49,999; Tier 1; Tiered-rate account; $20.00 monthly maintenance fee if average balance not maintained Last Updated 10/29/2026 Rate History No change since Oct 23, 2026 · 0.15% APY · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%

Island Federal Credit Union Mortgage Rates

Product	Rate	Points	APR	Term
Fixed Rate Mortgage - 10 Years	6.50%	-	6.667%	10 Years
Details 60-day rate lock; APR based on $165,000 Conventional loan assuming the highest credit rating Last Updated 10/29/2026 Rate History 2 changes since Oct 12, 2026 · 7.04% → 6.67% ▼ 0.38 pts · high 7.17% / low 6.67% Oct 23, 20266.67%▼ from 7.17% Oct 15, 20267.17%▲ from 7.04% Oct 12, 20267.04%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Fixed Rate Mortgage - 15 Years	6.625%	-	6.741%	15 Years
Details 60-day rate lock; APR based on $165,000 Conventional loan assuming the highest credit rating Last Updated 10/29/2026 Rate History 2 changes since Oct 12, 2026 · 6.99% → 6.74% ▼ 0.25 pts · high 6.99% / low 6.74% Oct 29, 20266.74%▼ from 6.87% Oct 23, 20266.87%▼ from 6.99% Oct 12, 20266.99%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Fixed Rate Mortgage - 30 Years	6.875%	-	6.941%	30 Years
Details 60-day rate lock; APR based on $165,000 Conventional loan assuming the highest credit rating Last Updated 10/29/2026 Rate History 2 changes since Oct 12, 2026 · 7.32% → 6.94% ▼ 0.38 pts · high 7.32% / low 6.94% Oct 29, 20266.94%▼ from 7.07% Oct 23, 20267.07%▼ from 7.32% Oct 12, 20267.32%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Fixed Rate Mortgage - 20 Years	6.875%	-	6.969%	20 Years
Details 60-day rate lock; APR based on $165,000 Conventional loan assuming the highest credit rating Last Updated 10/29/2026 Rate History 2 changes since Oct 12, 2026 · 7.22% → 6.97% ▼ 0.25 pts · high 7.34% / low 6.97% Oct 23, 20266.97%▼ from 7.34% Oct 15, 20267.34%▲ from 7.22% Oct 12, 20267.22%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Adjustable Rate Mortgage - 10/1 ARM	7.00%	-	7.075%	10/1 ARM
Details Rates/APR accurate as of 10/28/2026 Last Updated 10/29/2026 Rate History 2 changes since Oct 12, 2026 · 7.52% → 7.08% ▼ 0.44 pts · high 7.52% / low 7.08% Oct 29, 20267.08%▼ from 7.34% Oct 23, 20267.34%▼ from 7.52% Oct 12, 20267.52%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Adjustable Rate Mortgage - 7/1 ARM	6.625%	-	7.075%	7/1 ARM
Details Rates/APR accurate as of 10/28/2026 Last Updated 10/29/2026 Rate History 2 changes since Oct 12, 2026 · 7.28% → 7.08% ▼ 0.20 pts · high 7.28% / low 7.08% Oct 29, 20267.08%▼ from 7.20% Oct 23, 20267.20%▼ from 7.28% Oct 12, 20267.28%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Adjustable Rate Mortgage - 5/1 ARM	6.50%	-	7.084%	5/1 ARM
Details Rates/APR accurate as of 10/28/2026 Last Updated 10/29/2026 Rate History 2 changes since Oct 12, 2026 · 7.24% → 7.08% ▼ 0.16 pts · high 7.24% / low 7.08% Oct 29, 20267.08%▼ from 7.14% Oct 23, 20267.14%▼ from 7.24% Oct 12, 20267.24%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Adjustable Rate Mortgage - 3/1 ARM	6.375%	-	7.14%	3/1 ARM
Details Rates/APR accurate as of 10/28/2026 Last Updated 10/29/2026 Rate History 2 changes since Oct 12, 2026 · 7.24% → 7.14% ▼ 0.10 pts · high 7.27% / low 7.14% Oct 29, 20267.14%▼ from 7.27% Oct 23, 20267.27%▲ from 7.24% Oct 12, 20267.24%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Adjustable Rate Mortgage - 1 year non-convertible	6.25%	-	7.255%	1 year
Details Rates/APR accurate as of 10/28/2026 Last Updated 10/29/2026 Rate History 2 changes since Oct 12, 2026 · 7.29% → 7.26% ▼ 0.04 pts · high 7.38% / low 7.26% Oct 29, 20267.26%▼ from 7.38% Oct 23, 20267.38%▲ from 7.29% Oct 12, 20267.29%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%

Island Federal Credit Union Home Equity & HELOC

Product	Rate	Points	APR	Term
Home Equity Loans with No Closing Costs	-	-	7.90%	Up to 48 Months
Details No closing costs option only available for limits up to $500,000 for a primary residence in Nassau or Suffolk County; must maintain minimum balance for 36 months to avoid payment of closing costs; monthly payments must be auto-deducted from an Island FCU checking account to receive featured rates, otherwise a 1% increase applies Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 7.90% APR · checked 12 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Home Equity Loans with No Closing Costs	-	-	8.49%	49 - 120 Months
Details No closing costs option only available for limits up to $500,000 for a primary residence in Nassau or Suffolk County; must maintain minimum balance for 36 months to avoid payment of closing costs; monthly payments must be auto-deducted from an Island FCU checking account to receive featured rates, otherwise a 1% increase applies Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 8.49% APR · checked 12 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Home Equity Loans with No Closing Costs	-	-	9.64%	121 - 180 Months
Details No closing costs option only available for limits up to $500,000 for a primary residence in Nassau or Suffolk County; must maintain minimum balance for 36 months to avoid payment of closing costs; monthly payments must be auto-deducted from an Island FCU checking account to receive featured rates, otherwise a 1% increase applies Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 9.64% APR · checked 12 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Home Equity Loans with No Closing Costs	-	-	9.84%	181 - 240 Months
Details No closing costs option only available for limits up to $500,000 for a primary residence in Nassau or Suffolk County; must maintain minimum balance for 36 months to avoid payment of closing costs; monthly payments must be auto-deducted from an Island FCU checking account to receive featured rates, otherwise a 1% increase applies Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 9.84% APR · checked 12 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%

Island Federal Credit Union Auto Loan Rates

Product	Rate	Points	APR	Term
Auto Loan - Model Years 2019 and Newer	-	-	4.99%	12 Months
Details Model Year: 2019 and Newer Last Updated 10/29/2026 Rate History No change since Oct 23, 2026 · 4.99% APR · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Auto Loan - Model Years 2019 and Newer	-	-	4.99%	24 Months
Details Model Year: 2019 and Newer Last Updated 10/29/2026 Rate History No change since Oct 23, 2026 · 4.99% APR · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Auto Loan - Model Years 2019 and Newer	-	-	4.99%	36 Months
Details Model Year: 2019 and Newer Last Updated 10/29/2026 Rate History No change since Oct 23, 2026 · 4.99% APR · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Auto Loan - Model Years 2019 and Newer	-	-	4.99%	48 Months
Details Model Year: 2019 and Newer Last Updated 10/29/2026 Rate History No change since Oct 23, 2026 · 4.99% APR · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Auto Loan - Model Years 2019 and Newer	-	-	4.99%	60 Months
Details Model Year: 2019 and Newer Last Updated 10/29/2026 Rate History No change since Oct 23, 2026 · 4.99% APR · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Auto Loan - Model Years 2019 and Newer	-	-	4.99%	72 Months
Details Model Year: 2019 and Newer Last Updated 10/29/2026 Rate History No change since Oct 23, 2026 · 4.99% APR · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
New Auto Loan - 12 Months	-	-	4.99%	12 Months
Details New vehicles; Rates and terms accurate as of 10/23/2026 Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 4.99% APR · checked 3 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
New Auto Loan - 24 Months	-	-	4.99%	24 Months
Details New vehicles; Rates and terms accurate as of 10/23/2026 Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 4.99% APR · checked 3 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
New Auto Loan - 36 Months	-	-	4.99%	36 Months
Details New vehicles; Rates and terms accurate as of 10/23/2026 Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 4.99% APR · checked 3 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
New Auto Loan - 48 Months	-	-	4.99%	48 Months
Details New vehicles; Rates and terms accurate as of 10/23/2026 Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 4.99% APR · checked 3 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
New Auto Loan - 60 Months	-	-	4.99%	60 Months
Details New vehicles; Rates and terms accurate as of 10/23/2026 Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 4.99% APR · checked 3 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
New Auto Loan - 72 Months	-	-	4.99%	72 Months
Details New vehicles; Rates and terms accurate as of 10/23/2026 Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 4.99% APR · checked 3 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Auto Loan - Model Years 2019 and Newer	-	-	5.69%	84 Months
Details Model Year: 2019 and Newer Last Updated 10/29/2026 Rate History No change since Oct 23, 2026 · 5.69% APR · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
New Auto Loan - 84 Months	-	-	5.69%	84 Months
Details New vehicles; Rates and terms accurate as of 10/23/2026 Last Updated 10/29/2026 Rate History No change since Oct 23, 2026 · 5.69% APR · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Auto Loan - Model Years 2019 and Newer	-	-	6.49%	96 Months
Details Model Year: 2019 and Newer Last Updated 10/29/2026 Rate History No change since Oct 23, 2026 · 6.49% APR · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
New Auto Loan - 96 Months	-	-	6.49%	96 Months
Details New vehicles; Rates and terms accurate as of 10/23/2026 Last Updated 10/29/2026 Rate History No change since Oct 23, 2026 · 6.49% APR · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
First Time Car Buyer Program Loan	-	-	7.99%
Details As Low As; Vehicle Year: 2019 - New; Fixed Rate APR; maximum loan to value of 80%; six months with current employer required; Membership eligibility applies; Rates and terms accurate as of 10/23/2026 Last Updated 10/29/2026 Rate History No change since Oct 8, 2026 · 7.99% APR · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Auto Loan - Model Years 2016-2018	-	-	8.39%	12 Months
Details Model Year: 2016-2018 Last Updated 10/29/2026 Rate History No change since Oct 23, 2026 · 8.39% APR · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Auto Loan - Model Years 2016-2018	-	-	8.39%	24 Months
Details Model Year: 2016-2018 Last Updated 10/29/2026 Rate History No change since Oct 23, 2026 · 8.39% APR · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Auto Loan - Model Years 2016-2018	-	-	8.39%	36 Months
Details Model Year: 2016-2018 Last Updated 10/29/2026 Rate History No change since Oct 23, 2026 · 8.39% APR · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Auto Loan - Model Years 2016-2018	-	-	8.39%	48 Months
Details Model Year: 2017-2018 Last Updated 10/29/2026 Rate History No change since Oct 23, 2026 · 8.39% APR · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Auto Loan - Model Years 2016-2018	-	-	8.39%	60 Months
Details Model Year: 2018 Last Updated 10/29/2026 Rate History No change since Oct 23, 2026 · 8.39% APR · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%

Island Federal Credit Union RV, Boat and Powersport Loan Rates

Product	Rate	APR	Term
Boats & Recreational Vehicles Loan - Up to 24 Months	-	7.74%	Up to 24 Months
Details Vehicle Model Year: 2013 & Newer Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 7.74% APR · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Boats & Recreational Vehicles Loan - Up to 36 Months	-	7.74%	Up to 36 Months
Details Vehicle Model Year: 2014 & Newer Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 7.74% APR · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Boats & Recreational Vehicles Loan - Up to 48 Months	-	7.74%	Up to 48 Months
Details Vehicle Model Year: 2015 & Newer Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 7.74% APR · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Motorcycles Loan	-	7.74%	60 months
Details Term: 60-month max term (new only); Vehicle Model Year: 2025+; New motorcycles only; Maximum loan amount for motorcycles = $25,000; Membership eligibility applies Last Updated 10/29/2026 Rate History No change since Oct 8, 2026 · 7.74% APR · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Boats & Recreational Vehicles Loan - Up to 60 Months	-	8.24%	Up to 60 Months
Details Vehicle Model Year: 2016 & Newer Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 8.24% APR · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Boats & Recreational Vehicles Loan - Up to 72 Months	-	8.24%	Up to 72 Months
Details Vehicle Model Year: 2017 & Newer Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 8.24% APR · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Boats & Recreational Vehicles Loan - Up to 84 Months	-	9.24%	Up to 84 Months
Details Vehicle Model Year: 2018 & Newer Last Updated 10/29/2026 Rate History No change since Sep 17, 2026 · 9.24% APR · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Boats & Recreational Vehicles Loan - Up to 108 Months	-	9.54%	Up to 108 Months
Details Vehicle Model Year: 2020 & Newer Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 9.54% APR · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Boats & Recreational Vehicles Loan - Up to 120 Months	-	9.54%	Up to 120 Months
Details Vehicle Model Year: 2021 & Newer Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 9.54% APR · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Boats & Recreational Vehicles Loan - Up to 96 Months	-	9.54%	Up to 96 Months
Details Vehicle Model Year: 2019 & Newer Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 9.54% APR · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Boats & Recreational Vehicles Loan - Up to 132 Months	-	10.54%	Up to 132 Months
Details Vehicle Model Year: 2022 & Newer Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 10.54% APR · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Boats & Recreational Vehicles Loan - Up to 144 Months	-	10.54%	Up to 144 Months
Details Vehicle Model Year: 2023 & Newer Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 10.54% APR · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Boats & Recreational Vehicles Loan - Up to 156 Months	-	11.04%	Up to 156 Months
Details Vehicle Model Year: 2024 & Newer Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 11.04% APR · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Boats & Recreational Vehicles Loan - Up to 168 Months	-	11.04%	Up to 168 Months
Details Vehicle Model Year: 2025 & Newer Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 11.04% APR · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Boats & Recreational Vehicles Loan - Up to 180 Months	-	11.04%	Up to 180 Months
Details Vehicle Model Year: 2026 & Newer Last Updated 10/29/2026 Rate History No change since Sep 14, 2026 · 11.04% APR · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%

Island Federal Credit Union Personal Loan Rates

Product	APR	Term
Personal Loans - 12 - 36 Months	9.99%	12-36 months
No additional details. Last Updated 10/29/2026 Rate History No change since Oct 23, 2026 · 9.99% APR · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Personal Loans - 48 Months	10.49%	48 Months
No additional details. Last Updated 10/29/2026 Rate History No change since Oct 23, 2026 · 10.49% APR · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%
Personal Loans - 60 Months	10.99%	60 Months
No additional details. Last Updated 10/29/2026 Rate History No change since Oct 23, 2026 · 10.99% APR · checked 2 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%

Island Federal Credit Union Other Rates

Product	Rate	Points	APY/APR	Term	View More
Escrow	0.05%	-	0.05%
Last Updated 10/29/2026 Rate History No change since Oct 15, 2026 · 0.05% APY · checked 3 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 7.07%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Financial Health History

Island Federal Credit Union’s Texas Ratio rose from 5.36% in Q3 2023 to 7.07% in Q2 2026, so its financial health has held steady at a healthy level over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0 and its Health Grade from A+ to A. Lower Texas Ratios are healthier; the green zone below the amber 15% line is where a credit union must stay to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy limit (green zone below = healthy)

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$1.3B	7.07%	5.0	A
March 31, 2026	$1.4B	5.21%	5.0	A+
December 31, 2025	$1.4B	5.90%	5.0	A+
September 30, 2025	$1.4B	5.46%	5.0	A+
June 30, 2025	$1.4B	6.39%	5.0	A
March 31, 2025	$1.5B	5.37%	5.0	A+
December 31, 2024	$1.5B	7.47%	5.0	A
September 30, 2024	$1.5B	6.56%	5.0	A
June 30, 2024	$1.5B	4.92%	5.0	A+
March 31, 2024	$1.5B	6.50%	5.0	A
December 31, 2023	$1.5B	5.74%	5.0	A+
September 30, 2023	$1.5B	5.36%	5.0	A+

Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for Island Federal Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.

Texas Ratio

We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation

We gather Island Federal Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Island Federal Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Island Federal Credit Union

Website https://islandfcu.org/

Address 120 Motor Pkwy, Hauppauge, NY 11788-5152

Phone 631-851-1100

Fax 631-851-1112

President Richard Rapp, Jr.

CEO Craig Booth

Full-Time Employees 109

Part-Time Employees 12

Branch Locations 8

ATM Locations 8

NCUA Insured ✓ Yes, up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A (96/100)

Texas Ratio

7.07%

Return on Assets (ROA)

0.3018%

Return on Equity (ROE)

2.9029%

Non-Performing Loans Ratio (NPL)

1.10%

Total Assets

1,335,460,691

Total Amount of Shares and Deposits

1,078,077,794

Total Shares and Deposits < 1 Year

1,024,942,453

Total Shares and Deposits 1 3 Years

50,199,165

Total Shares and Deposits > 3 Years

2,936,176

Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)

134,440,113

Total Uninsured Shares and Deposits > $250K (F+J)

134,440,113

Total Insured Shares and Deposits > $250K (item 17 less item K)

943,637,681

Total Interest Expense (Sum of items 6 8)

12,430,334

Share Certificates

7,792

Number of Accounts for Share Drafts

31,430

IRA KEOGH Accounts

3,445

Number of Accounts for Regular Shares

57,419

All other shares

2,099

Money Market Shares

2,190

Net Income (unless the amount is already included in Undivided Earnings)

4,030,840

Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)

Well Capitalized

Net Worth Classification if credit union is a new credit union

Well Capitalized

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

60,622,595

Total Liabilities

1,243,191,425

Source: NCUA — Last Updated 06/30/2026

2026 MBR Health & Safety Badge

Island Federal Credit Union earned the Verified Healthy badge

Display this badge on your website to show visitors your 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

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       width="160" height="160">
</a>

Learn more about the MBR Health & Safety Badge program on our methodology page.

Customer Reviews

There are no reviews for Island Federal Credit Union yet. Feel free to create one below.

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Average Rating

☆☆☆☆☆

Total Reviews

Add Your Rating and Review for Island Federal Credit Union

Frequently Asked Questions About Island Federal Credit Union

Does Island Federal Credit Union offer CDs?

Yes. Island Federal Credit Union current CD rates include its 13 Month CD - Promotional Rate at 4.25% APY, its 7 Month CD - Promotional Rate at 4.00% APY and its 24 Month CD at 3.70% APY, verified by MonitorBankRates as of October 29, 2026.

Are CDs from Island Federal Credit Union NCUA insured?

Yes. Island Federal Credit Union is insured by the National Credit Union Administration (NCUA), so CDs opened there are insured up to $250,000 per depositor, per ownership category.

What is the highest CD rate at Island Federal Credit Union?

The highest Island Federal Credit Union CD rate is its 13 Month CD - Promotional Rate at 4.25% APY, verified by MonitorBankRates as of October 29, 2026.

What CD terms does Island Federal Credit Union offer?

Island Federal Credit Union CD rates are 2.75% APY for a 6 month CD, 4.00% APY for a 7 month CD, 2.50% APY for a 12 month CD, 4.25% APY for a 13 month CD, 3.70% APY for a 2 year CD, 2.75% APY for a 3 year CD and 2.50% APY for a 5 year CD, verified by MonitorBankRates as of October 29, 2026. The institution may offer other terms or specials that are not listed here, so check with Island Federal Credit Union for its full lineup.

What is the highest savings rate at Island Federal Credit Union?

The highest Island Federal Credit Union savings rate is its High 5 Youth Savings at 5.00% APY, verified by MonitorBankRates as of October 29, 2026.

What is the highest money market rate at Island Federal Credit Union?

The highest Island Federal Credit Union money market rate is its Money Market Gold at 1.00% APY, verified by MonitorBankRates as of October 29, 2026.

What is the highest checking rate at Island Federal Credit Union?

The highest Island Federal Credit Union checking rate is its Business Premier Checking at 0.45% APY, verified by MonitorBankRates as of October 29, 2026.

What is the lowest 30 year fixed mortgage rate at Island Federal Credit Union?

The lowest Island Federal Credit Union 30 year fixed mortgage rate is its Fixed Rate Mortgage - 30 Years at 6.875%, verified by MonitorBankRates as of October 29, 2026. Island Federal Credit Union mortgage rates are 6.875% for a 30 year mortgage, 6.875% for a 20 year mortgage, 6.625% for a 15 year mortgage, 6.50% for a 10 year mortgage, 6.25% for a 1 year mortgage, 6.375% for a 3/1 ARM, 6.50% for a 5/1 ARM and 6.625% for a 7/1 ARM.

What is the lowest auto loan rate at Island Federal Credit Union?

The lowest Island Federal Credit Union auto loan rate is its Auto Loan - Model Years 2019 and Newer at 4.99% APR, verified by MonitorBankRates as of October 29, 2026. Island Federal Credit Union auto loan rates are 4.99% APR for a 12 month auto loan, 4.99% APR for a 24 month auto loan, 4.99% APR for a 36 month auto loan, 4.99% APR for a 48 month auto loan, 4.99% APR for a 60 month auto loan, 4.99% APR for a 72 month auto loan, 5.69% APR for an 84 month auto loan and 6.49% APR for a 96 month auto loan.

What is the lowest personal loan rate at Island Federal Credit Union?

The lowest Island Federal Credit Union personal loan rate is its Personal Loans - 12 - 36 Months at 9.99% APR, verified by MonitorBankRates as of October 29, 2026. Island Federal Credit Union personal loan rates are 9.99% APR for a 36 month personal loan, 10.49% APR for a 48 month personal loan and 10.99% APR for a 60 month personal loan.

How many branches does Island Federal Credit Union operate?

Island Federal Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join Island Federal Credit Union?

Yes, to access services at Island Federal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, Island Federal Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Island Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Island Federal Credit Union offer online and mobile banking?

Most modern institutions like Island Federal Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://islandfcu.org/.

Are all CD rates listed on MonitorBankRates federally insured?

Most are. Banks are insured by the FDIC and most credit unions by the NCUA, up to $250,000 per depositor, per ownership category. A small number of credit unions are privately insured instead, and we label them on their pages. MonitorBankRates is not a bank or credit union; deposit insurance comes from the institution where you open the account.

I want to open a CD with an institution listed on MonitorBankRates. How do I open the account?

You open the account directly with the bank or credit union. Use the View button next to a rate to go to the institution's website, then apply online, by phone or at a branch. Credit unions require membership, so you may need to join first. Confirm the current rate and terms with the institution before you deposit.

If I open a CD I found on MonitorBankRates, is my account with MonitorBankRates or the institution?

Your account is with the financial institution. MonitorBankRates is a rate comparison site; we do not open accounts, hold deposits or handle your money.

Why are some CD offers not available for me to open?

Some offers are limited to certain states or local areas, require membership in the credit union, need a minimum deposit, or were promotions that have since ended. Rates can also change after we verify them. The institution's website has the current eligibility rules.

How do Island Federal Credit Union rates compare?

Island Federal Credit Union's CD rates are 7% lower than the MonitorBankRates national average, and it has an A health rating. Island Federal Credit Union's top rates are its 13 Month CD - Promotional Rate at 4.25% APY, its High 5 Youth Savings at 5.00% APY, its Money Market Gold at 1.00% APY, its Business Premier Checking at 0.45% APY, its Adjustable Rate Mortgage - 1 year non-convertible at 6.25% and its Personal Loans - 12 - 36 Months at 9.99% APR, verified by MonitorBankRates on October 29, 2026.

Current Island Federal Credit Union Rates

12-Month CD2.50%
24-Month CD3.70%
60-Month CD2.50%
Savings5.00%
MMA1.00%

Retrieved from our database of financial products. Rates subject to change.

Compare to Other Credit Unions

Island Federal Credit Union Rates & Review November 2026

Brian McKay

Overall Health & Safety Grade

MonitorBankRates Star Rating

Island Federal Credit Union Texas Ratio

Island Federal Credit Union Health Trend

Island Federal Credit Union CD Rates

Island Federal Credit Union Savings Rates

Island Federal Credit Union Money Market Rates

Island Federal Credit Union Business Checking Rates

Island Federal Credit Union Mortgage Rates

Island Federal Credit Union Home Equity & HELOC

Island Federal Credit Union Auto Loan Rates

Island Federal Credit Union RV, Boat and Powersport Loan Rates

Island Federal Credit Union Personal Loan Rates

Island Federal Credit Union Other Rates

Financial Health History

Methodology & Data Sources

Credit Union Profile & Overview

Financials

Island Federal Credit Union earned the Verified Healthy badge

Customer Reviews

Frequently Asked Questions About Island Federal Credit Union

Does Island Federal Credit Union offer CDs?

Are CDs from Island Federal Credit Union NCUA insured?

What is the highest CD rate at Island Federal Credit Union?

What CD terms does Island Federal Credit Union offer?

What is the highest savings rate at Island Federal Credit Union?

What is the highest money market rate at Island Federal Credit Union?

What is the highest checking rate at Island Federal Credit Union?

What is the lowest 30 year fixed mortgage rate at Island Federal Credit Union?

What is the lowest auto loan rate at Island Federal Credit Union?

What is the lowest personal loan rate at Island Federal Credit Union?

How many branches does Island Federal Credit Union operate?

Is a member application needed to join Island Federal Credit Union?

Is there a first-time homebuyer program?

Are credit management and repair services offered?

Does Island Federal Credit Union offer online and mobile banking?

Are all CD rates listed on MonitorBankRates federally insured?

I want to open a CD with an institution listed on MonitorBankRates. How do I open the account?

If I open a CD I found on MonitorBankRates, is my account with MonitorBankRates or the institution?

Why are some CD offers not available for me to open?

How do Island Federal Credit Union rates compare?

Current Island Federal Credit Union Rates

Compare to Other Credit Unions