ISLAND Credit Union Profile

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ISLAND

Charter #10023 | NCUA Region 1 | FCU

Low-Income Designation: No

Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (631) 851-1100

Fax: (631) 851-1112

Founding Date: N/A

Website: http://www.islandfcu.com

Personnel & Operations

President: Rapp, Jr., Richard

Manager: Booth, Craig

FT Employees: 116

PT Employees: 15

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 9

Hours: M-W 8:30 AM - 5:00 PM Thurs-Fri 8:3

Credit Union Profile Summary

ISLAND is a FCU Credit Union. With a total of 51,714 members ^[1], this institution manages approximately $1,428,125,954 in total assets ^[1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 9.27% ^[1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -5.37% ^[1].

Financial Snapshot

Total Assets ^[1]

$1,428,125,954

Total economic resources.

Total Loans ^[1]

$1,020,707,355

Total value of outstanding loans.

Total Deposits ^[1]

$1,140,898,978

Total funds deposited by members.

Members ^[1]

51,714

Number of active members.

Performance Ratios

Net Worth Ratio ^[1]

9.27%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) ^[1]

0.08%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio ^[1]

89.47%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) ^[1]

↓ -6.36%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) ^[1]

↓ -5.37%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) ^[1]

↓ -0.74%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

120 Motor Pkwy

Hauppauge, NY, 11788-5152

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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

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Branch Locations

Found 11 branches reported by ISLAND (Charter #10023).

Main Office

Headquarters Main Office

Type: Corporate Office

North Massapequa Branch

Type: Branch Office

SB Medicine Branch

Type: Branch Office

Stony Brk Health Science Tower Level 2

Stony Brook, NY 11794-0001

Phone: (631) 851-1100

Services: ATM

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SBU SAC Branch

Type: Branch Office

100 Nicolls Rd

Stony Brook, NY 11790-3407

Phone: (631) 851-1100

Services: ATM

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