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(opens in a new tab)Island Federal Credit Union
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Go to Website (opens in a new tab)About Island Federal Credit Union
Island Federal Credit Union is a member-owned, not-for-profit financial institution that provides a range of services including savings accounts, personal loans, auto loans, mortgages, and credit cards. Unlike traditional banks, it is owned by its members, meaning profits are returned through lower loan rates, better savings returns, and reduced fees.
Amount
BSD 1,000 - BSD 20,000
Tenor
6 - 36 months
Min. approval time
24 hrs
Countries
Created on
March 2026
Last updated
March 2026
Requirements
The basic requirements to apply for a loan on Island Federal Credit Union include:
- • Must become a registered member (requires a minimum savings balance)
- • Must be at least 18 years old
- • Valid ID and personal details
- • Proof of income (e.g., payslips or bank statements)
- • Active bank/credit union account
- • Pass credit and affordability checks
- • Bank statement (3 months)
- • Employment verification
How to Apply
To apply for a loan with Island Federal Credit Union, visit the lender's website and click on "Get Started." If you meet the eligibility criteria and agree with the terms, complete and submit the online application form.
This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.
Contact
Support Number
+1 631 851 1100
Website
Facebook Url
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