Special 5-Year CD Rate & Gift at First National Bank of Long Island in NY - Local Only

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First National Bank of Long Island is having a new-branch special at the bank's Massapequa branch. It's a 5-year CD with a 2.50% APY. Minimum deposit is $500. There's also a gift based on the size of the CD. The two best gifts include an 8GB Apple iPod Touch for a $100K minimum deposit and a NOOK Color by Barnes and Noble with a $200K minimum deposit. The promotion ends on 10/15/2011, and it's only available at the Massapequa branch. Also, a new checking account is required with a minimum deposit of $500. Please refer to the bank's promotions page for the full details. Thanks to the reader who emailed me news of this offer.

Most of the full service branches are located in Nassau County. There are also a few in Suffolk County.

The bank's overall health score at DepositAccounts.com is 5 stars (out of 5) with a Texas Ratio of 1.35% (excellent) based on June 2011 data. Please refer to our financial overview of First National Bank of Long Island for more details. The bank has been a FDIC member since 1934 (FDIC Certificate # 7072).

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Special 5-Year CD Rate at First National Bank of Long Island in New York - Local Only

First National Bank of Long Island is offering a special 5-year CD with a 3.00% APY. Minimum deposit is $1,000, and the maximum is $1,000,000. New money is required. Early withdrawal penalty is 18-months of interest. This promotion is listed on the bank's front page in a special box as of 2/27/2011. The box links to this promotion page (pdf). The offer is subject to change at anytime.

Thanks to the reader Parlou who mentioned this CD special in the comments.

The 3.00% APY is very competitive for a 5-year term, but...



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Special 5-Year CD Rate at Some Branches of First National Bank of Long Island in New York - Local Only

Some branches of First National Bank of Long Island are offering a 5-year promotional CD with a 3.15% APY. This is a simple interest CD with a minimum deposit of $500. A checking account is required. On the plus side, they are offering free gifts when you open the CD. The gifts vary by the deposit size and include a digital camera and a portable DVD player.

Not all branches are offering this promo. The branches with these specials have a scrolling text link on their branch page. Here's the promo...

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Savings and CD Specials (2.75% for 120 days, 3.75% 5-year CD) at a First National Bank of Long Island Branch in NY - Local Only
Update 11/08/09: A reader provided some updates on this promotion. Please refer to the reader's comments below.

First National Bank of Long Island is having a grand opening special at its Bayville branch that's scheduled to end 11/14/2009. One of the specials offers a high rate for 120 days on the Platinum Savings Account and a free gift. The details of the promo are listed at this bank's webpage. A checking account is also required. The rates and the gifts depend on your opening deposit:
  • 2.75% APY and a Garmin Nuvi 260...



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3.00% 12-Month IRA CD & Other High IRA CD Rates at First National Bank of Long Island in New York
First National Bank of Long Island is offering several competitive rates on its IRA CDs. Below are their best IRA CD rates as listed at the bank's rate table as of 4/05/09:
  • 3.00% APY 1 year
  • 3.25% APY 2 years
  • 3.50% APY 3 years
  • 4.00% APY 4 years
  • 4.25% APY 5 years
  • 4.50% APY 6 years
Minimum deposit is $1,000, and the maximum deposit is $500,000. Promotion ends on 4/15/09. More details are provided at the bank's IRA CD promotions page (pdf). Note, their regular CD rates are much lower.

Branches are located across Long Island, New York.

The...




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