Professional Services
At First National Bank LI, we have the expertise to help you take your practice to the next level. Our team of bankers and lenders is here to guide you to the products and services that serve you best.
Business CheckingBusiness Money MarketBusiness Statement SavingsProfessional ServicesMunicipal BankingMerchant Credit Card ServicesDebit Card with Rewards & Enhanced SecurityCash Management
Features & Benefits
First National Bank LI Special Services
- Medical and Dental Practices
- Attorneys
- Accountants
- Property Managers
- Not-for-Profit Entities
Escrow and Rent Security Accounts
- Competitive charges and fees
- Separate sub-accounts and tax reporting for each client/tenant
- Low minimum balance of $2,500 per sub-account to avoid monthly service charge
- Free online banking
- Free e-statements
- Free telephone banking
IOLA (Interest on Lawyer Account)
- Competitive charges and fees
- Monthly interest earnings offset charges and fees* (restrictions apply)
- Free online banking
- Free e-statements
- Free telephone banking
- Monthly interest earnings in excess of charges and fees is forwarded to the New York State IOLA Fund per banking regulation
Non-Profit and Estate Checking
- Low minimum balance of $750 to avoid monthly service charge
- Competitive charges and fees
- Free online banking
- Free bill payment
- Free e-statements
- Free telephone banking
- Free email alerts
Revolving Line of Credit for Professionals
- Easy access to manage cash flow
- Competitive rates
- Interest only payments with annual cleanup
Additional Business Lending Offerings
- Commercial Mortgages
- Equipment Loans
- Closed End Loans
- Capital Partner Financing
- Buy-out Financing
Customized Solutions
At the First National Bank of Long Island, we tailor our banking products and services to meet your unique professional needs. We welcome you to experience First National’s customer-first approach to banking. Businesses that do, go further.