Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
The First Of Long Island (FLIC) has issued an announcement.
The First National Bank of Long Island experienced unauthorized wire transfers totaling $11.1 million due to a customer’s compromised banking information. After thorough investigations, the bank found no evidence of a broader security breach and confirmed adherence to proper online transfer procedures. Despite a customer’s demand for fund restoration, the bank is disputing the claim and remains confident that the issue won’t lead to a probable loss. This isolated incident has not affected the bank’s operations or other clients.
For a thorough assessment of FLIC stock, go to TipRanks’ Stock Analysis page.
