Quontic Bank

Overview / Commentary

www.quonticbank.com

718-215-4000

31-05 Broadway
Astoria, NY 11106

Quontic Bank is headquartered in Astoria and is the 92^nd largest bank in the state of New York. It is also the 1,894^th largest bank in the nation. It was established in 2005 and as of December of 2018, it had grown to 159 employees at 2 locations. Quontic Bank's money market rates are 5X the national average, and it has a B+ health rating.

Money Market Account, Up To 2.40% APY - 11/12/2018

According to CSR, this account is available nationwide through the bank's online application. 2.00% APY - $500+ 2.27% APY - $5,000+ 2.40% APY - $100,000+ Minimum opening deposit is $500.

View all posts from:

2018
2012

11/12 - Money Market Account, Up To 2.40% APY

2/8 - Competitive CD Rates at Quontic Bank in New York - Local Only

Reviews (2)

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Excellent!!!!

Posted by: Giangpham | Mar 23, 2019

Ly Nguyen is great !!! She works very dedicated, thoughtful, devoted to customers. She helps me whenever I need it even after working hours. I love her customer service !!! thank you very much Ly Nguyen !!!

Comment

Excellent Experience

Posted by: MiguelinaFS | Oct 11, 2018

Nathalia is very kind,attentive and dedicated to her work whenever I call she is willing to help I love her service.

Comment

Health

B+

Data as of Q4 2018

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	57807
Year Established	2005
Employees	159
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	1.41%
Return on Equity - YTD	16.16%
Annual Interest Income	$20.6MM

Assets and Liabilities
Assets	Q4 2018vs Q4 2017	$364.0MM$351.9MM
Loans	Q4 2018vs Q4 2017	$314.5MM$297.6MM
Deposits	Q4 2018vs Q4 2017	$313.7MM$292.6MM
Equity Capital	Q4 2018vs Q4 2017	$35.0MM$31.6MM
Loan Loss Allowance	Q4 2018vs Q4 2017	$1.7MM$2.1MM
Unbacked Noncurrent Loans	Q4 2018vs Q4 2017	$1.6MM$812.00K
Real Estate Owned	Q4 2018vs Q4 2017	$0$0

Rates

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Savings
Money Market
Checking
CD
IRA

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Always verify rates and promotions with the bank or credit union. We are not Quontic Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Quontic Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.51%^*	$250k^*	-	Regular savings
OTHER TIERS: 0.50% → $100 - $25k \| 0.75% → $25k - $50k \| 1.26% → $50k - $250k

Quontic Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
2.40%^*	$100k^*	-	Quontic Personal Money Market
OTHER TIERS: 2.00% → Up to $5k \| 2.35% → $5k - $100k
1.01%^*	$1m^*	-	Quontic Business Money Market
OTHER TIERS: 0.25% → $1k - $50k \| 0.50% → $50k - $250k \| 0.75% → $250k - $1m

Quontic Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.85%	-	-	Amplify Interest Checking
1.01%^*	$25k^*	-	Power Business Checking - New Money
OTHER TIERS: 0.25% → Up to $25k
0.25%	-	$1m	IOLA account

Quontic Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
3.10%	$1k	-	60 Month CD
2.90%	$1k	-	24 Month CD
2.85%	$1k	-	12 Month CD
2.76%	$1k	-	48 Month CD
2.70%	$1k	-	36 Month CD

Quontic Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
3.09%	$1k	-	60 Month IRA
2.90%	$1k	-	24 Month IRA
2.85%	$1k	-	12 Month IRA
2.76%	$1k	-	48 Month IRA
2.70%	$1k	-	36 Month IRA

Locations

Quontic Bank Locations
Quontic Bank	31-05 Broadway	Astoria, NY 11106

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