First Of Long Island Corp.

-8.04%

First of Long Island Corp. is a bank holding company headquartered in Glen Head, New York. It was founded in 1927 and operates throughout Long Island and Manhattan with its subsidiary banks.
The company's main subsidiary, The First National Bank of Long Island, was established in 1927 and is now the oldest bank headquartered on Long Island. The bank offers a range of financial services including loans, deposits, online banking, and investment management.
First of Long Island Corp. also owns and operates a wealth management firm, FNY Investment Advisers, LLC, which provides asset management services to individuals, businesses, and institutions.
The company is publicly traded on the NASDAQ stock exchange under the ticker symbol "FLIC" and is a member of the S&P SmallCap 600 index.
Overall, First of Long Island Corp. is committed to providing reliable and personalized financial services to its local community and has a long-standing history of serving the needs of its customers.

There are a few key aspects that make First Of Long Island Corp. stand out as a company:
1. Local Focus: First Of Long Island Corp. is a community bank, focused on serving the Long Island area in New York. This gives the company a unique understanding of the local market and allows them to tailor their products and services to meet the specific needs of their customers.
2. Long History: The company was founded in 1927, making it one of the longest-standing banks on Long Island. This longevity speaks to the company's stability and ability to weather economic challenges.
3. Strong Financial Performance: First Of Long Island Corp. has consistently shown strong financial performance, with consistent profitability and growth in assets and deposits.
4. Personalized Service: As a community bank, First Of Long Island Corp. prides itself on providing personalized and responsive service to its customers. This can be a valuable offering in an industry where larger banks often struggle to maintain a personal touch.
5. Commitment to Community: The company has a strong commitment to supporting the communities it serves through initiatives such as community development loans and grants, donations to local charities, and volunteerism by employees.
6. Strong Governance: First Of Long Island Corp. has a robust governance structure in place, with a dedicated board of directors and committee system to oversee and guide the company's operations.
Overall, the combination of a local focus, long history, financial strength, personalized service, community commitment, and strong governance make First Of Long Island Corp. a unique and respected company in the banking industry.