GLEN HEAD, N.Y., Oct. 1, 2007 (PRIME NEWSWIRE) -- Today marks the 80th Anniversary of The First National Bank of Long Island, the Bank "Where Everyone Knows Your Name." "We are proud of our achievements made over the years and remain committed towards providing the highest level of quality service to our customers and solid returns on investment to our shareholders," says President and CEO, Michael N. Vittorio.
Originally known as The First National Bank of Glen Head, the Bank opened their doors for business on October 1, 1927 at the corner of Glen Head Road and Glen Cove Avenue in the town of Glen Head, NY. The reason the bank started was that local farmers and small business owners on Long Island's North Shore could not get the large New York City banks to come out to Long Island to make loans to the community. Therefore, the local residents got together and decided to start their own bank.
Eighty years later and nearly $1 billion in assets, The First National Bank of Long Island is a full service commercial bank with 26 branch locations in Nassau, Suffolk and Manhattan. We are presently building our 27th branch in Babylon, NY and we expect to open at the end of the year. The Bank provides a broad range of financial services to individual, professional and corporate customers. The First of Long Island is traded on NASDAQ under the ticker symbol FLIC. Weiss Ratings, a leading bank rating agency and "America's Consumer Advocate for Financial Safety", has rated us as a Bank with excellent financial strength among an elite group of banks and thrifts representing the top 11% of the banking industry. The First of Long Island Corporation is the holding company for The First National Bank of Long Island.
The First National Bank of Long Island logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=4227