Crossword Genius

Lodged in island, up in base by credit centre (9)

Ross

I believe the answer is:

deposited

I'm a little stuck... Click here to teach me more about this clue!

'lodged' is the definition.
('deposit' can be a synonym of 'lodge')

'island up in base by credit centre' is the wordplay.
I cannot quite understand how this works, but
'island' could be 'i' (geographical abbreviation) and 'i' is located in the answer.
'base' could be 'post' (synonyms) and 'post' is found in the leftover letters.
The remaining letters 'deed' is a valid word which might be clued in a way I don't understand.
This may be the basis of the clue (or it may be nonsense).

'in' is the link.

Can you help me to learn more?

(Other definitions for deposited that I've seen before include "Laid down naturally (like silt)" , "left" , "Banked" , "put away" .)

I've seen this clue in the Sydney Morning Herald.
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