Where in the world is Quontic Bank?

If you’ve just come across our bank, you may be wondering where, in physical space, we’re located.

The answer: everywhere and nowhere. Stick with us.

Quontic Bank is a 100% digital bank, which means we offer all of our services online. You can open an account, manage an existing account, or apply for any of our loan products from just about anywhere you can secure an internet connection, though your eligibility for certain products may require you to be physically in the U.S. 

We also have brick-and-mortar loan production offices in Queens, New York and Miami, Florida. But for the most part, if you’re looking for Quontic Bank, you’ve already found it — right here on the world wide web.

It wasn’t always like this, though! In keeping with our mission toward innovation and making banking more equitable and accessible, Quontic has evolved over time. Here’s a little history lesson. (We’ll keep it short and interesting — promise.)

Although we’re all-digital now, Quontic Bank got its start back in the early aughts when Steve Schnall and George Lazaridis purchased Golden First Bank, a physical bank that had been operating in a small community in Long Island since 2005. 

They made the purchase in 2009, renaming the bank “Quontic” and starting with a fresh balance sheet and vision. Over the next several years, Quontic also opened more loan production locations across New York, eventually expanding to New Jersey, Massachusetts, and Georgia. 

Eventually, as Quontic evolved digitally it phased out its physical branch in Astoria and its other loan production locations, with the exception of the above-mentioned loan production sites in Florida and New York, in favor of providing digital banking products and services accessible to many different communities across the country. That’s why we’re an adaptive digital bank; as the world evolves, we evolve right alongside it, adapting our offerings to best fit the needs of contemporary customers. We’ve kept our local community roots but expanded its accessibility exponentially — and that’s not the only way we’ve adapted.

In 2015, Quontic Bank also became one of the only 3% of banks in the United States bearing a CDFI, or Community Development Financial Institution, certification. This certification gives us more flexibility to offer unique mortgages and loan products to credit-worthy, though underserved, borrowers who might not otherwise qualify.

We also launched America’s first Bitcoin Rewards Checking Account in December of 2020. The account comes with a debit card that offers 1.5% return on eligible purchases in the form of Bitcoin¹. 

And we’re just getting started. No matter how the world of banking changes, we’ll be there to meet it — and to exceed expectations by offering the best services in the industry, even if we have to invent them ourselves.

Yup! 

Everything Quontic Bank has to offer can be accessed online — and yes, these are legitimate banking services. Our eligible deposit accounts are FDIC insured² up to $250,000, and we make it easy to deposit checks, transfer money, and perform all the other day-to-day banking tasks you may need with ease on the go.

Wondering about cash? You can pull out Benjamins at any of our nationwide network of more than 90,000 ATMs, surcharge-free. We also make it easy to order checks, and, of course, all of our checking accounts come with an attached debit card for point-of-sale transactions (and, in some cases, rewards).

Our team of customer service professionals are available by phone Monday through Friday from 9 a.m. to 6 p.m. Eastern, and you can always shoot us an email.

Want to learn more about our roots and our vision? There’s more info here — or chat to us directly! We can’t wait to help you find the banking products and services that are most suited to your needs.