The First of Long Island Corporation - Common Stock (FLIC)

Competitors to The First of Long Island Corporation - Common Stock (FLIC)

Brookline Bancorp, Inc. 

Brookline Bancorp operates a network of community banks primarily in Massachusetts and has expanded offerings including commercial and residential loans, which directly compete with FLIC's banking services. They differentiate themselves through technological advancements in online banking and a strong focus on customer service and local market engagement, aiming to capture customers in similar demographics as FLIC.

Carver Bancorp, Inc. 

Carver Bancorp aims to serve the underserved communities primarily in New York City and offers services such as mortgage, commercial, and consumer banking. They compete with FLIC by concentrating on community development and ensuring accessibility to banking services for lower-income populations, thereby targeting a niche segment of the market that FLIC may not prioritize. This specific community focus provides Carver with a unique selling point.

Eagle Bancorp, Inc. 

Eagle Bancorp, primarily operating in the Washington, D.C. metropolitan area, offers a wide range of services that include commercial banking, mortgage banking, and wealth management, which are competitive with FLIC's offerings. With a larger asset base and greater geographic diversification, Eagle provides a formidable competitive risk to FLIC, granting them advantages in pricing and product offerings.

Northfield Bancorp, Inc. 

Northfield Bancorp, which operates primarily in New Jersey and New York, competes with FLIC by offering similar personal and commercial banking services. They emphasize personalized customer interactions and competitive interest rates on loans and deposits, which resonate well with clients seeking local banking solutions. Their established presence in key markets could provide a competitive edge in attracting new clients.