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Features & Benefits

Banking for Professional Entities

Our bankers provide products and services made especially for professional service firms including:
  • 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.