First of Long Island moves 58 employees into new headquarters
First of Long Island Corp. has moved its headquarters across the street in Glen Head.
The bank moved 58 employees to the site of a former gas station on Glen Cove Avenue, said Michael N. Vittorio, president and CEO of First of Long Island Corp., the parent of First National Bank of Long Island.
Vittorio said the bank bought the property about two years ago for a little more than $1 million and built the 10,000-square-foot space for the new headquarters.
"We still have employees across the street, which is also where our original branch is," Vittorio said.
The new headquarters opened about three weeks ago.
Separately, the bank said earlier this week that its first quarter net income rose 22 percent to $11.1 million.
First National Bank operates 52 branches on Long Island and in Queens, Brooklyn and Manhattan. The bank plans to open a branch in Riverhead by 2019 as it eyes continued expansion on the East End and in New York City.
"We'd like to add two or three branches on the South Fork and North Fork, because if you look at all the merger activity over the last 15 years, there is a scarcity of local choices there," Vittorio said.
First National Bank of Long Island's competitors include Bridgehampton-based BNB Bank, which has a presence on the East End.
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