Island Credit Union Riverhead NY | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Island Credit Union, your trusted financial partner since 1955! Located at 1077 Old Country Rd, Riverhead, NY 11901, we are committed to providing exceptional service and support to our members. With a robust membership of over 52,000, we pride ourselves on being a cornerstone of the Riverhead community. At Island Credit Union, we understand that your financial needs are unique. That's why we offer a variety of services tailored just for you from personal banking solutions like checking and savings accounts to auto loans and mortgage refinancing. Our total assets amount to an impressive $1,524,306,669, allowing us to facilitate loans totaling 31,757 and handle deposits of $66,751,331. With strong leadership from our CEO Craig Booth and Board President John Adragna, our dedicated team of 143 employees is here to ensure you receive the best possible experience. We take pride in our solid net worth of $133,153,131 and a healthy cash reserve of $4,635,747 to back our commitment to your financial growth. While members can visit us at our branch location for all your banking needs, please note that any official correspondence should be directed to the same address: 1077 Old Country Rd, Riverhead, NY 11901-2019. If you're looking for a reliable credit union that puts its members first and understands the importance of community ties, look no further than Island Credit Union. We invite you to explore our offerings online at islandfcu.org or give us a call at 631-591-0070. Join us today and discover how we can help you achieve your financial goals!

Branch History & Mission

Join Us

As we look ahead, we invite you to become part of the Island family. Experience firsthand the benefits of being a member whether it's through personalized service or access to various financial products tailored for your needs. For more information about membership eligibility or to open an account today, visit us at our website or call us at (631) 591-0070. Together, let's build a brighter financial future!

Our Journey

From humble beginnings, Island has evolved into a cornerstone of financial support and community service in Riverhead. We have built a legacy based on trust, transparency, and personal service. As we navigated through the years, our commitment to member satisfaction and community involvement has remained steadfast. We are proud to report total assets of $1,524,306,669, reflecting our robust financial health and ability to serve our members effectively. Our journey is marked by numerous milestones, including the introduction of advanced digital banking solutions that provide convenience and accessibility. Whether it's online banking or mobile payments, we strive to meet the evolving needs of our members while ensuring compliance with ADA standards for all individuals.

Our Mission

At Island, our mission is simple yet profound: to empower our members with comprehensive financial services while fostering a spirit of community support. We believe in not just providing loans and accounts but also in offering guidance that helps our members achieve their financial goals. Our services include personal banking options like checking and savings accounts, auto loans, mortgage loans, credit cards with rewards, and business banking services. We also take pride in our community outreach initiatives. By partnering with local organizations and participating in events throughout Riverhead, we actively contribute to making a positive impact in the lives of those around us. While you can visit us at 1077 Old Country Rd, please note that official correspondence should be sent to 1077 Old Country Rd, Riverhead, NY 11901-2019 if it differs from our branch address.

Branch Location & Accessibility

Welcome to the Island Credit Union, your friendly financial partner located at 1077 Old Country Rd in the heart of Riverhead, NY! Our branch is designed with your convenience in mind, making it easy for you to access all the services you need. Whether you're stopping by for a quick transaction or exploring new banking options, we're here to assist you every step of the way. Situated near popular local landmarks, our branch is easy to find and reach. Plus, we offer ample parking right outside our doors. For those with mobility needs, you'll find our facilities fully ADA compliant, ensuring everyone can visit us comfortably. Our operating hours are designed to fit your busy schedule: we're open from 8:30 AM to 5:00 PM Monday through Wednesday, and extend our hours until 6:00 PM on Thursdays and Fridays. On Saturdays, we're here for you from 8:30 AM to 3:00 PM. If you have questions or need assistance, don't hesitate to give us a call at 631-591-0070. For added convenience, we provide ATM services right on-site so you can manage your cash needs without hassle. While we currently do not offer drive-thru banking, our lobby is welcoming and ready to serve you with a variety of personal and business banking options. You can enjoy services ranging from checking and savings accounts to auto loans and mortgage refinancing all tailored to help you achieve your financial goals. While members can visit us at our Riverhead location, official correspondence should be sent to the same address: 1077 Old Country Rd, Riverhead, NY 11901-2019. We're excited to help you navigate your financial journey! Feel free to stop by or reach out via phone anytime. Your financial well-being is our priority!

Member Eligibility

Joining the Island community means becoming part of a supportive family that values your financial well-being. If you're wondering how to become a member of Island, it's easier than you might think! Our membership is open to those who live, work, worship, or attend school in Suffolk County, NY. We welcome individuals who are passionate about being part of a cooperative that prioritizes personal service and community connection. For more specific eligibility details, feel free to check out our website at https://islandfcu.org/membership/. Once you've confirmed your eligibility, opening an account is a straightforward process. You can start by visiting us at 1077 Old Country Rd, Riverhead, NY 11901, or simply give us a call at 631-591-0070 for assistance. We're here to help you every step of the way and ensure you feel right at home as you embark on this journey with us. Explore the benefits of membership today and see how we can support your financial goals!

Business Banking & Commercial Services

Commercial Loans to Boost Your Business

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $174 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $20 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $200,273,868, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Make Transactions Easy

Imagine running your business and seamlessly accepting payments from customers without a hitch. Our merchant services offer practical tools that help you manage transactions efficiently whether it's processing credit cards or setting up online payment options. This ensures you can focus on what truly matters: growing your business and serving your customers. Come visit us at 1077 Old Country Rd Riverhead Ny 11901 in Riverhead, NY, or give us a call at (631) 591-0070 to learn how we can support your business journey today!

Comprehensive List Of Services

Business Banking

For entrepreneurs and small business owners, we offer comprehensive business banking services, including merchant services and business loans. Whether you're just starting out or expanding your operations, we have the tools to help your business thrive.

Credit Cards

Looking for flexibility? Our credit cards with rewards allow you to earn points on your everyday purchases, giving you something back every time you spend.

Online & Mobile Banking

In today's fast-paced world, convenience is key. That's why we provide robust online and mobile banking features. You can check balances, transfer funds, pay bills, and even deposit checks from the comfort of your home or on the go. Plus, our ATMs are available for cash withdrawals whenever you need them.

Personal Banking

Our personal banking services are designed with you in mind. We offer checking and savings accounts that fit your lifestyle. Imagine having easy access to your funds while earning interest on your savings. If you're looking to buy a new car, our auto loans and vehicle financing options make it simple and affordable. Picture yourself driving away in that new ride without breaking the bank. For those considering home ownership or refinancing, our mortgage loans come with competitive rates and personalized service. We understand that every member's journey is unique, which is why we also provide personal loans and debt consolidation solutions tailored to help you manage unexpected expenses or consolidate debt into one manageable payment.

Shared Branch Transactions

If you're a member of another credit union within our network, you'll appreciate our ability to facilitate basic shared branch transactions like deposits and withdrawals. This makes banking more accessible than ever! At Island Credit Union, we are committed to making banking easy and convenient for everyone in Riverhead, NY. Our friendly team is ready to assist you with any questions or needs you might have. Feel free to give us a call at 631-591-0070 or visit us today! We look forward to helping you take the next step in your financial journey.

Digital & Online Banking

Mobile Banking Features

For those always on the go, our mobile application puts banking right in your pocket. With features like mobile payments and person-to-person transfers, sending money or making purchases has never been easier. Plus, you can receive e-statements directly on your device, helping you stay organized and informed without the clutter of paper statements.

Online Banking Services

Our online banking services, available at https://islandfcu.org/, provide you with 24/7 access to your accounts. Whether you're checking your balance, making payments, or transferring funds, everything is just a click away. You can even authorize electronic signatures for quicker approvals on important transactions, which adds another layer of ease to your banking activities.

Security and Accessibility

We prioritize your security while ensuring that you have easy access to all your banking needs. Our digital services are equipped with robust security measures so you can bank confidently. From real-time account management to convenient payment options, every feature is designed with you in mind. Experience the freedom of modern banking with Island. Join us online today and see how our digital services can simplify your financial life!

Financial Strength

Commitment to Growth

With $134,697,960 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is significant; with $5,829 in used auto loans and $1,065,410,144 in total loans and leases, we are here to support your financial goals across various sectors. Our operational efficiency is reflected in our $-3,059,891, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 128 full-time employees and 15 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Growing Member Base

Total Share and Deposit Accounts: 108,787, showing a strong and growing member base that trusts us with their finances. Net Shares available for lending and investments stand at $15,483,943, demonstrating our dedication to fostering community growth. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Island is your trusted partner. Visit us at 1077 Old Country Rd Riverhead Ny 11901 or call (631) 591-0070 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings Solutions

Members' savings are secured through $567,144,426 in share certificates and $121,082,947 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $2,831,828, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Strong Financial Health

With a net worth of $133,153,131, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. This robust foundation supports our ability to serve our community effectively. Our net worth ratio of $873 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

At Island, we understand that life brings various financial needs, whether you're buying a new car, purchasing a home, or managing everyday expenses. Our diverse range of loan products is designed to help you achieve your goals with ease and confidence. With over 31,757 loans issued, we've helped thousands of members achieve their financial goals. Our auto loans stand out in the market, offering some of the lowest rates available. If you're considering a vehicle purchase, you'll be pleased to know we have provided over $106,183,509 in used vehicle loans and $28,090,984 in new vehicle loans already helping members get on the road. Are you dreaming of homeownership? Look no further! Our mortgage options include Junior Lien 1-4 Family Residential Properties loans totaling $187,778,265, making the process of buying or refinancing straightforward. We can assist you in understanding your eligibility for various financing options tailored to your needs. For business owners seeking growth opportunities, our outstanding commercial loans amounting to $200,273,868 provide the capital necessary to expand your operations and thrive in today's competitive environment. Additionally, managing personal finances can sometimes be challenging. We offer flexible terms on unsecured credit card loans with a total of $18,318,850 in loans that can help our members manage their budgets effectively. Whether you're looking for personal loans, debt consolidation options, or specific financing solutions like auto or mortgage loans, Island is here to support you every step of the way. Our dedicated team is available to discuss refinancing options that might better suit your financial situation. Reach out to us at (631) 591-0070, visit us at our location at 1077 Old Country Rd Riverhead Ny 11901, Riverhead, NY NY, or explore more online at https://islandfcu.org/. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Let us help you find the right loan product today!

Loan Aggregator

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Ensuring Accurate Loan Comparisons

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Island