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To view the 2011 results, click the following link for Best Financial Institution on Long Island.

Best Financial Institution on Long Island

by Best Of Long Island on January 5, 2010

Where do you do your banking? Here are voters’ top picks for Best Financial Institution on Long Island.

Long Islanders Voted Bethpage Federal Credit Union the Best Financial Institution on Long Island!

Bethpage Federal Credit Union
Multiple locations
www.bethpage.org

While the “too big to fail” banks that brought the U.S. economy to its knees were reluctant to issue loans after getting taxpayer bailouts, this hometown credit union saved many a small businesses as they proved to be one of the few who were still lending when it was needed most. This is the second year in a row that Bethpage Federal Credit Union is a Best Financial Institution winner, but they more than earned it with their practices of late. BFCU even offers a perk that most big banks no longer give their customers: more than 200 surcharge-free ATMs across LI.

2nd Place – Sperry Federal Credit Union, Multiple locations. www.sperryfcu.org

Sperry Credit Union was founded in 1936 and is now one of the largest community based financial institutions. Sperry also provides low cost financial services to businesses and their employees. With two very large Long Island locations, Sperry is the peoples choice and number two this year on the Best of LI List.

3rd Place – Nassau Educators Federal Credit Union, Multiple locations. www.nassaued.org

In 1938, a group of school employees wanted to create a financial institution with a mission to develop a method in which every lifecycle need could be obtained. Nassau Educators Federal Credit Union offers business exclusively to members and their families, creating the ultimate customer service. Now, with over 145,000 members and $1.5 billion in assets, it has recently expanded itself into Nassau and Suffolk.  They offer convenient surcharge free ATM, direct deposit, and free online home banking with bill payment and mobile banking.

National - TD Bank, Multiple locations. www.tdbank.com

 

 

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KUDOS: Bethpage Federal Credit Union Named “Best Financial Institution” On Long Island « Thinking Long (βήτα)
January 18, 2010 at 6:57 pm

{ 4 comments… read them below or add one }

David Martin Chavez April 12, 2010 at 6:29 am

It is refreshing to read what I have always known of this institution and its recognition is deserved entirely not only for the service they provide but also the individuals who provide it, from the tellers, loan officers, operators, and those above make this by far the best institution on LI, thanks for all you do for me and many of the LI community, ciao.

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Thomas Simson July 13, 2010 at 9:10 pm

I guess credit unions count as a “financial institution”, sort of. But as an employee of a community bank on Long Island, the bar for excellence is a bit higher as we have to pay taxes and make a return for our shareholders.

Credit Unions shouldn’t count.

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Nicholas Laskowski September 1, 2010 at 6:55 pm

Of course credit union are financial institutions and by far they are much better than commercial banks. Yes, credit unions are not-for-profit institutions but that’s how all financial institutions should be. Banks are too worry about paying dividends to their shareholders and that’s the reason why the economy is the way it is now. Shame on banks. Great work credit union!!! Personally, I am a member of both Bethpage and Sperry and they offer far better accounts, rates, and service than banks.

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Joseph Chandy November 9, 2010 at 9:15 am

I have worked in many countries,and have been using banks in several countries.
I have never found any financial institution that is as caring,and customer orientated
as Sperry Federal Credit Union.
The Sperry Federal credit union is,….in my opinion,the best financial institution,not only in Long Island,
but worldwide.

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