Applications / Mortgage Analytics / Lenders / New York / Island Federal Credit Union
Hauppauge, NY · Credit union · NCUA · $1.4 billion assets · 539 loans in 2025
Island Federal Credit Union's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
539
loans originated, 2025
1,008
applications, 2025
6
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Island Federal Credit Union is a New York credit union that lends mostly to existing homeowners: home purchase was only 10.6% of its 539 loans in 2025.
Refinance made up 33.0% of its loans, home improvement 31.0% and other purposes 25.4%, leaving purchase at 10.6%. All its loans were conventional and none were jumbo (larger than the conforming limit), against 0.6% for similar lenders. That makes it a lender to members who already own a home rather than to buyers.
It made 539 loans, up 8% against 6% for similar lenders (credit unions making between half and twice as many loans), near the middle of them; five years earlier it made 541. Its typical loan was $155,000, against $105,000, higher than about three-quarters of similar lenders, and up from $125,000 a year earlier.
Its share of loans to low- and moderate-income (LMI) borrowers was 27.6%, against 27.3% for similar lenders; in LMI tracts it was 15.0%, against 15.2%; in majority-minority tracts 12.1%, against 10.5%. All three sit near the middle of similar lenders and are higher than five years before, when they were 23.3%, 11.7% and 5.0%.
Questions the data can answer next
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Island Federal Credit Union took 1,008 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Refinance 33.0% · Home improvement 31.0% · Other 25.4% · Purchase 10.6%
Conventional 100.0% · of 539 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| New York | 533 | 98.9% |
| New Jersey | 2 | 0.4% |
| Florida | 1 | 0.2% |
| Massachusetts | 1 | 0.2% |
| North Carolina | 1 | 0.2% |
| Virginia | 1 | 0.2% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Nassau County-Suffolk County | 523 |
| New York-Jersey City-White Plains | 8 |
| Utica-Rome | 2 |
| Arlington-Alexandria-Reston | 1 |
| Barnstable Town | 1 |
| Cape Coral-Fort Myers | 1 |
| Greenville | 1 |
| Kiryas Joel-Poughkeepsie-Newburgh | 1 |
| Lakewood-New Brunswick | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 254900C44LTMSEGQ5K05 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 932286 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 510023 | 1990–2017 |
Established 1 January 1955. Reported under HMDA 1990-2025.
Mergers, name changes, data editions and corrections: Island Federal Credit Union's data.
Island Federal Credit Union's data
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Island Federal Credit Union and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
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