Island Credit Union Selden NY | Affordable Auto Loans & Business Banking

Introduction

Welcome to Island at Selden, where we believe in building strong financial futures for our members. Located at 920 Middle Country Rd, Selden, NY 11784, our credit union has been serving the community since 1955. With a commitment to member satisfaction and a robust suite of services, we are proud to support over 52,141 members with their financial needs. At Island, we understand that trust is essential in banking. That's why we've built a solid foundation with total assets of $1,524,306,669 and total deposits reaching $66,751,331. Our net worth stands strong at $133,153,131, reflecting our commitment to stability and security for our members. Plus, with a dedicated team of 143 employees, led by CEO Craig Booth and Board President John Adragna, you can count on personalized service every step of the way. While members can visit us at our branch location, official correspondence should be sent to the same address: 920 Middle Country Rd, Selden, NY 11784. We encourage you to reach out to us at 631-846-2130 for any inquiries or assistance you may need. Our diverse offerings include personal banking services such as checking and savings accounts, auto loans, mortgages, and credit cards with rewards. For businesses, we provide merchant services and business loans tailored to your needs. With online and mobile banking options available, managing your finances has never been easier. Join us today and become part of a community-focused credit union that puts your interests first. Explore more about membership eligibility here, or start your journey by opening an account here. We look forward to helping you achieve your financial goals!

Branch History & Mission

A Legacy of Commitment

Island Credit Union began as a small institution with a big vision: to help individuals and families achieve their financial goals. Over the years, we have expanded our offerings and built a solid reputation for our commitment to members. With total assets now exceeding $1.5 billion, we've seen remarkable growth while staying true to our mission of supporting both individual aspirations and community initiatives. As part of our dedication to accessibility, we provide features like ATM availability and drive-thru banking options for convenience. Whether you are making deposits or managing your accounts, we strive to make banking easier for everyone. Our operating hours reflect our desire to be available when you need us most: Monday through Wednesday from 8:30 AM to 5:00 PM, Thursdays and Fridays until 6:00 PM, and Saturdays until 3:00 PM.

Join Us Today

We invite you to experience the many benefits of membership with Island Credit Union. With innovative digital banking options including online banking and mobile payments, we are committed to enhancing your banking experience. Join us today and let us help you achieve your financial dreams while being part of a community-focused organization that truly cares. For more information or assistance, feel free to reach out at (631) 846-2130 or visit our website at Island Credit Union. Your journey towards better financial health starts here!

Our Mission

At Island Credit Union, our mission is clear: we aim to deliver exceptional financial services while being an active participant in the Selden community. We believe in empowering our members through educational resources and supportive programs that enhance their financial literacy. From personal banking solutions like checking and savings accounts to auto loans and mortgages, we're here every step of the way. Our focus extends beyond just transactions; it encompasses community support as well. We actively engage in outreach efforts that uplift local organizations and initiatives, reinforcing our belief that strong communities lead to stronger members. While you can visit us at 920 Middle Country Rd Selden Ny 11784 for all your banking needs, official correspondence should be sent to 920 Middle Country Rd, Selden, NY 11784 if it differs from our physical location.

Branch Location & Accessibility

Accessibility Features

We understand that accessibility is important for our members. Our branch is equipped with ADA-compliant features, including ramps and accessible parking spaces to ensure everyone can visit us comfortably. Plus, we offer drive-thru banking so you can handle simple transactions without leaving your vehicle.

Get in Touch!

Have questions? Feel free to give us a call at 631-846-2130. We invite you to visit us soon at our Selden branch! Let us help you achieve your financial goals with friendly service and expert advice. Your journey starts here at Island!

Operating Hours

Our doors are open during convenient hours to serve you better. You can visit us Monday through Wednesday from 8:30 AM to 5:00 PM, and on Thursdays and Fridays from 8:30 AM to 6:00 PM. We also welcome you on Saturdays from 8:30 AM to 3:00 PM. Whether you're looking to open an account, apply for a loan, or simply ask a question, we're here for you.

Services Offered

At Island's Selden branch, we offer a variety of services tailored to meet your financial needs. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, we have something for everyone. Our team is ready to assist with credit cards that come with rewards, business banking solutions, and online or mobile banking services for added convenience.

Member Eligibility

At Island, we believe that becoming a member is like joining a close-knit family where everyone supports each other. If you're looking to become part of our community, you'll find the process welcoming and straightforward. To be eligible, you simply need to live, work, worship, or attend school in our service area. We also welcome family members of current members! For detailed eligibility requirements, check out our page here. Getting started is easy! Once you confirm your eligibility, you can open an account online by following this link: Account Opening. If you have any questions or need assistance, don't hesitate to give us a call at (631) 846-2130. We're here to help you every step of the way as you join Island and enjoy the many benefits we offer!

Business Banking & Commercial Services

Commercial Loan Options

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

Beyond loans, we offer practical merchant services designed to simplify your daily operations. Imagine easily processing payments, managing cash flow, and gaining insights into your sales all from one platform. Our merchant services make it easy for you to focus on what really matters: growing your business. Located at 920 Middle Country Rd Selden Ny 11784 in Selden, NY, we invite you to explore how our dedicated team can assist you. Reach us at (631) 846-2130 to learn more about how we can partner with you on your journey to success!

Comprehensive List Of Services

ATM Access and Drive-Thru Services

Need cash quickly? Our ATM & Cash Withdrawal Services are readily available for your convenience. Plus, if you're on the go, our Basic Drive-Thru Banking allows for quick deposits, withdrawals, and simple transactions without leaving your vehicle. We also participate in Shared Branch Transactions for partner credit union members, making it easier for you to access funds when traveling or away from home.

Business Banking Services

If you're a business owner, you'll appreciate our Business Banking services. From Merchant Services to Business Loans, we support your growth every step of the way. Our team understands the unique challenges businesses face and is ready to provide tailored solutions to help you thrive.

Credit Cards and Rewards

For those who enjoy earning rewards while they spend, our Credit Cards come with attractive benefits that make every purchase count. You can earn points on everyday transactions, which can be redeemed for cash back or exciting rewards.

Digital Banking Convenience

In today's fast-paced world, convenience matters. That's why we offer Online & Mobile Banking features that allow you to manage your accounts anytime, anywhere. Whether it's checking balances, transferring funds, or paying bills, our digital tools make banking easier than ever before.

Get Started Today!

With so many services available at Island, there's something for everyone. If you'd like to learn more about how we can assist you in achieving your financial goals, don't hesitate to reach out! Call us at (631) 846-2130 or visit us at Selden today! Your financial well-being is just around the corner!

Personal Banking Solutions

Our personal banking services include Checking and Savings Accounts designed to help you manage your money effectively. Imagine having the ability to easily track your spending while saving for that dream vacation or home renovation. With auto loans and vehicle financing options, you can hit the road with confidence. Need a new car? We offer competitive rates and flexible terms that fit your budget. If you're considering buying a home or refinancing an existing mortgage, our Mortgage Loans & Refinancing service can guide you through the process smoothly. We understand that life comes with its ups and downs; that's why our Personal Loans & Debt Consolidation options are structured to help you regain control of your finances without stress.

Digital & Online Banking

Key Services Offered

You can easily explore our online banking features at https://islandfcu.org/ . From checking balances to transferring funds, everything is just a click away. Our online platform allows you to view e-statements, making it easy to keep track of your financial activities without the clutter of paper statements. Plus, with electronic signature authorization available, signing documents has never been simpler or more convenient. For those on the go, our mobile application provides an effortless way to manage your accounts right from your smartphone. Enjoy the benefits of mobile payments and person-to-person transfers, allowing you to send money to friends or family instantly no cash needed!

Security and Accessibility

We prioritize your security while providing user-friendly features that make managing your finances a breeze. You can feel confident knowing that all transactions are protected with top-notch security measures. Whether you're checking your account balance late at night or transferring funds during lunch, our digital banking tools are designed for ease-of-use and real-time account management. So why wait? Dive into the world of hassle-free banking today with Island!

Financial Strength

Committed Team

We take pride in having 128 full-time employees and 15 part-time employees who are always ready to assist you with knowledgeable service at every visit.

Focused on Our Members

Unlike traditional banks, we prioritize our members' interests. With non-member deposits at $2,831,828, we ensure that our resources are dedicated to benefiting you through better loan rates and exclusive perks.

Growing Membership Base

With a total of 108,787 share accounts, our growing member base demonstrates the trust placed in us by the community. 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 920 Middle Country Rd Selden Ny 11784 or call (631) 846-2130 to learn more about how we can help you achieve your financial goals.

Healthy Capital Ratio

Our net worth ratio of $873 showcases our robust capital position. This means that even during uncertain economic times, we can continue providing loans and competitive savings rates without disruption.

Operational Efficiency

Our operational efficiency is reflected in our $-3,059,891, allowing us to keep offering competitive loan rates and solid financial products tailored for our members.

Reinvestment for Better Services

Our $134,697,960 in undivided earnings reflects our strategy of reinvesting in innovative banking tools and stronger lending options that directly benefit you.

Secure Savings Options

Members' savings are safe with us. We have $567,144,426 in share certificates and $121,082,947 in money market shares, giving you stable options for growing your money.

Strong Net Worth

With a net worth of $133,153,131, we demonstrate our commitment to financial strength. This solid foundation enables us to offer better rates, lower fees, and enhanced services tailored to your needs.

Supporting Your Financial Goals

We understand the importance of accessible financing. With $5,829 in used auto loans and $1,065,410,144 in total loans and leases, we're here to help support your financial aspirations across various sectors.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $106,183,509 in used vehicle loans and $28,090,984 in new vehicle loans already helping members get on the road. We provide flexible terms and competitive interest rates, making it easier than ever to drive away in your dream vehicle.

Credit Lines and Unsecured Loans

For those looking for additional financial flexibility, we offer credit lines with a total amount of $374,910,337 available to our members. We also have flexible terms on unsecured credit card loans, with a total of $18,318,850 in loans helping members manage their finances effectively. This can be an excellent option for handling unexpected expenses or consolidating debt.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $187,778,265, make buying or refinancing simple. We provide personalized service to help you navigate the home-buying process, ensuring you find a solution that fits your budget and lifestyle.

Refinancing Options

If you're considering refinancing existing loans, we can help you explore eligibility options that could save you money each month. Refinancing may lower your monthly payments or reduce the interest rate on your current loans helping you keep more money in your pocket. For more information about our loan offerings or to apply today, feel free to reach out at (631) 846-2130 or visit us at our branch located at 920 Middle Country Rd Selden Ny 11784 in Selden, NY. 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 assist you on your path to financial wellness!

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Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ). This commitment to accuracy means that you are presented with fair and transparent offers. Each lender listed has been vetted for compliance, ensuring that the information you receive is both reliable and up-to-date.

ISLAND FEDERAL CREDIT UNION