Find the latest Island Federal Credit Union promotions, bonuses, and offers here.
Update 5/20/25: There’s currently a $400 checking bonus available through 6/30/25.
Island Federal Credit Union Promotions Review
Island Federal Credit Union is headquartered in Hauppauge and is the 18th largest credit union in the state of New York. It is also the 314th largest credit union in the nation. It was established in 1955 and as of September of 2022, it had grown to 148 employees and 48,183 members at 11 locations. Island Federal Credit Union has a B health rating.
| Eligibility: Membership in Island Federal Credit Union is open to the following: (1) Those who live, work, attend school or worship in Nassau or Suffolk Counties in New York, with the exclusion of Shelter Island, Southampton, and East Hampton; (2) Members of locals of Communications Workers of America: Local 1104 (Nassau County, NY); Local 1106 (Queens County, NY); Local 1108 (Suffolk County, NY); Local 1109 (Kings County, NY); Local 1102 (Staten Island, NY); and Local 1105 (Bronx, NY); 3) Members of record of CWA Long Island Federal Credit Union #22209 as of June 30, 2013. See current membership details |
I’ll go over Island Federal Credit Union promotions & offers below.
Island Federal Credit Union $400 Checking Bonus
- What you’ll get: $400 bonus
- Where it’s available: NY (Bank Locator)
- Credit Inquiry: Soft Pull or Hard Pull?
- Credit Card Funding: Unknown
- How to earn it:
- Open a Cash Back Checking account with Debit Mastercard and use Promo Code: 400, before June 30, 2025, and you can earn up to $400!
- Get a $200 bonus when you set up direct deposit.
- To qualify a Direct Deposit must include a minimum of two (2) recurring electronic deposits totaling no less than $1,000 USD in a 90 day period.
- Get a $200 bonus when you:
- Perform at least 10 Debit transactions of $5.00 USD or greater per transaction (excludes ATM transactions. Transactions involving peer-to-peer (P2P) services such as Venmo, Pay Pal, Zelle and other P2P services are ineligible).
- Enroll in eStatements
- Maintain a combined checking account/savings account average month end balance of $500 USD or greater for the first 90 days from account opening.
- If Member successfully completes requirements, Island Federal will deposit the bonus in Member’s savings account in the month following the 120-day period.
(Expires 06/30/2025)
| KeyBank Checking ($300 bonus) | Chase Total Checking ($300 Bonus) |
| SoFi Checking and Savings Account ($325 Bonus) | |
Island Federal Credit Union $100 Referral Bonus (Expired)
- What you’ll get: $100 bonus
- Where it’s available: NY (Bank Locator)
- Credit Inquiry: Soft Pull or Hard Pull?
- Credit Card Funding: Unknown
- How to earn it:
- Print and complete this coupon and have your friend bring your completed coupon to any Island Federal branch.
- To qualify, Referred Friend must open a:
- New Cash Back Checking account with Debit Mastercard®
- Perform at least 10 Debit Purchase transactions
- Enroll in e-Statements
- And Download the Free Island Mobile App
(Expires 04/10/2023)
| SoFi Checking and Savings Account ($325 Bonus) | KeyBank Checking ($300 bonus) |
How To Waive Monthly Fees
- Cash Back Checking: No Monthly Fee
- Business Essential Checking: No Monthly Fee
- Business Premier Checking: No monthly fee if the balance remains above $5,000
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Bottom Line
If you qualify for this Island Federal Credit Union bonuses, definitely give it a shot! Requirements are very simple for this offer. If you have any info regarding the ability to fund the account with a credit card or the credit inquiry, please let us know!
For more current offers, check out our bank bonuses page. Compare Island Federal Credit Union rates for CDs and Savings with our best rates for Savings and CD accounts.
Be sure to check more popular bank promotions include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
Additionally, you can find a full list of the best bank promotions here. Finally, remember to bookmark this page because you will always find an updated list of Island Federal Credit Union promotions here.
