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Kids Earn 5% APY With a First National Bank of Long Island K-Savings Account

Posted on January 25th, 2010

The First National Bank of Long Island realizes that it is never to early to teach the importance of saving to the younger generation. That is why the financial institution is offering a competitive introductory interest rate of 5% APY on new kid-friendly savings accounts. To qualify for this higher-than-average APY:

  • Account offer applies to kids under 18
  • Account must be opened at a full service branch
  • 5% APY promotional rate valid and applies to first 90 days of deposit
  • No minimum or maximum deposit limits apply
  • No monthly maintenance fees
  • 6 complimentary transfers/withdrawals per month
  • Offer subject to change without notice
  • FDIC insured up to $250,000

The First National Bank of Long Island has locations throughout the area. Branches are located inBabylon, Bayville, Garden City, Glen Head, Greenvale, Huntington, Locust Valley, Merrick, Northport, Northport Village Main Street, Old Brookville, Rockville Centre, Roslyn Heights, Sea Cliff, Valley Stream and Woodbury.

>>Savings Account Rates

Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.

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