Credit union · NCUA insured
Island Federal Credit Union Savings Rates
Island Federal Credit Union’s best savings rate is 0.10% APY on $10,000, with its Money Market Plus. Rates checked October 16, 2026.
How Island Federal Credit Union’s savings rates compare
Compared with banks and credit unions near New York, NY-NJ, where Island Federal Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Island Federal Credit Union
0.10%APY
- Requires
- None
- Minimum
- $2,500
- Earns on $10,000 a year
- $10
Money Market Plus
Top rate
Woori America Bank
5.00%APY
- Requires
- Monthly account activity
- Minimum
- $1,000
- Earns on $10,000 a year
- $500
2nd-highest rate
HSBC USA
4.40%APY
- Requires
- Monthly account activity
- Minimum
- —
- Earns on $10,000 a year
- $440
Island Federal Credit Union savings score
65
Savings score
Higher than 15% of U.S. banks and credit unions
- $1,000 balance$1,0000.05%
- $10,000 balance$10,0000.10%
- $100,000 balance$100,0000.70%
- QualifiedQualified0.10%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Island Federal Credit Union ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Money Market Gold
0.50%APY
Minimum balance required to open and maintain account is $50,000. Must maintain a minimum daily balance of $50,000 to obtain disclosed APY. Balances below $50,000 earn disclosed APY in effect for Regular Savings Account. Maximum six automated withdrawals or transfers per month (up to three can be checks cleared). Tiered-rated variable rate account. Membership eligibility applies.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $50,000Tier 1: Up to $49,999.99 (listed on p68 table; note on p60 and p69 states balance below $50,000 earns Regular Savings APY). Variable rate. | 0.50% | $50 | Tier 1: Up to $49,999.99 (listed on p68 table; note on p60 and p69 states balance below $50,000 earns Regular Savings APY). Variable rate. |
| $50,000 – $100,000Tier 2 on p68 / Tier 1 on p69: $50,000 - $99,999.99. Variable rate. | 0.50% | — | Tier 2 on p68 / Tier 1 on p69: $50,000 - $99,999.99. Variable rate. |
| $100,000 – $250,000Tier 3 on p68 / Tier 2 on p69: $100,000 - $249,999.99. Variable rate. | 0.70% | — | Tier 3 on p68 / Tier 2 on p69: $100,000 - $249,999.99. Variable rate. |
| $250,000 – $500,000Tier 4 on p68 / Tier 3 on p69: $250,000 - $499,999.99. Variable rate. | 0.75% | — | Tier 4 on p68 / Tier 3 on p69: $250,000 - $499,999.99. Variable rate. |
| $500,000 – $1,000,000Tier 5 on p68 / Tier 4 on p69: $500,000 - $999,999.99. Variable rate. | 0.75% | — | Tier 5 on p68 / Tier 4 on p69: $500,000 - $999,999.99. Variable rate. |
| $1,000,000 and upTier 6 on p68 / Tier 5 on p69: $1,000,000 & Over. Variable rate. | 1.00% | — | Tier 6 on p68 / Tier 5 on p69: $1,000,000 & Over. Variable rate. |
Sources (3)
All captured Oct 16, 2026
Money Market Plus
0.10%APY
Minimum balance required to open and maintain is $2,500. Must maintain a minimum daily balance of $2,500 to obtain the disclosed APY. If balance falls below required minimum, subject to a below minimum balance fee. Maximum six automated withdrawals or transfers per month (up to three can be checks cleared). Variable rate account. Membership eligibility applies.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $2,500 and upVariable rate. Earn on balances over $2,500. Minimum daily balance of $2,500 to earn disclosed APY. Subject to below minimum balance fee if account falls below $2,500. Maximum 6 withdrawals or transfers per month.$2,500 and up | 0.10% | $10 | Variable rate. Earn on balances over $2,500. Minimum daily balance of $2,500 to earn disclosed APY. Subject to below minimum balance fee if account falls below $2,500. Maximum 6 withdrawals or transfers per month. |
Sources (4)
- islandfcu.org/money-market-disclosures
- islandfcu.org/money-market
- islandfcu.org/rates-2
- islandfcu.org/rates
All captured Oct 16, 2026
Escrow
0.05%APY
Variable rate account; rates and terms are subject to change without notice. Dividends calculated on daily balance and credited monthly. Membership eligibility applies.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceVariable rate account.Any balance | 0.05% | $5 | Variable rate account. |
Sources (1)
- islandfcu.org/rates · captured Sep 17, 2026
Savings Account
0.05%APY
No minimum balance or monthly maintenance fees. Variable rate account; rates and terms subject to change without notice. Dividends calculated on daily balance and credited monthly. Membership eligibility applies.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceNo minimum balance. No monthly maintenance fee. Dividends calculated on daily balance and credited monthly.Any balance | 0.05% | $5 | No minimum balance. No monthly maintenance fee. Dividends calculated on daily balance and credited monthly. |
Special-purpose accounts
High Five Youth Savings
0.05%APY
Available for children ages 16 and under. Automatically converts to a Savings account when the child turns 17. No monthly fees or minimums; Island Federal provides the first $1 opening deposit. Limit of one account for each unique minor/joint ownership to obtain blended dividend rate. Dividends calculated daily and credited monthly. Membership eligibility applies.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $500Applies to balances from $1.00 to $500 for children ages 16 and under. Minimum balance to open is $1 (provided by Island Federal). No monthly fees. | 5.00% | — | Applies to balances from $1.00 to $500 for children ages 16 and under. Minimum balance to open is $1 (provided by Island Federal). No monthly fees. |
| Over $500Balances over $500 earn the standard/current savings APY. | 0.05% | $5 | Balances over $500 earn the standard/current savings APY. |
IRA Savings
0.20%APY
IRA savings available as Traditional or Roth. IRAs must be opened in person at a branch. Insured up to $250,000 by NCUA. Variable rate account; rates and terms subject to change without notice. Membership eligibility required.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceVariable rate account. Rates and terms subject to change without notice.Any balance | 0.20% | $20 | Variable rate account. Rates and terms subject to change without notice. |
Vacation Club or Holiday Club
0.05%APY
Variable rate account; rates and terms are subject to change without notice. Dividends calculated on daily balance and credited monthly. Membership eligibility applies.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceVariable rate account.Any balance | 0.05% | $5 | Variable rate account. |
Sources (1)
- islandfcu.org/rates · captured Sep 17, 2026
Who can join Island Federal Credit Union
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