No physical branches. Bottom Line. Quontic High Interest Checking earns one of the highest APYs among checking accounts. Unfortunately, you must make 10 qualifying debit card purchases of $10 or ...The Quontic team was saddened to lose our founder, Steve Schnall, in August, 2022. His innovative, collaborative spirit lives on in every facet of what we do. Steve Schnall founded NYC based Quontic Bank, the adaptive digital bank, in 2009 with a vision to transform traditional retail banking into customer-centric digital commerce. Schnall was ...Quontic in the Metaverse Join Quontic In The Metaverse Welcome to the future of banking with Quontic’s Decentraland outpost – the first of its kind in the Metaverse. Visit our virtual location to learn more about our products, snag exclusive NFTs and, maybe, experience a surprise or two. No VR headset needed. Jump In Visit […]View Quontic Bank's up-to-date org chart, open roles, and culture details. Find executives, board members, teams, related companies, and more.Most individuals and businesses today have some type of banking account. Having a trusted financial service provider is important as it is a safe place to hold and withdraw earned ...Nov 2, 2565 BE ... payment ring launched by the award-winning, digital bank, Quontic. The Quontic Pay Ring is an innovative payment technology that allows Quontic ...Nov 1, 2564 BE ... Find jobs, benefits and insider info about Quontic Bank, a Fintech company in . Office address: ,Decentraland: Decentraland, where Quontic has chosen to build our first outpost in the Metaverse, is the first fully decentralized virtual world that is built, governed, and owned by its users. Visitors to Decentraland are free to explore and discover what Decentraland has to offer as digital avatars and attend live concerts, conferences, exhibitions, dance parties, and many … Your Quontic bank accounts are insured to the maximum legal limits. 2. MasterCard® Protections. Your debit card comes with MasterCard Zero Liability Protection and ID Theft Protection. Learn more. Biometric Authentication. Log in to your account securely with your fingerprint or facial recognition. Learn how. Quontic Bank. Institution Details. Data as of 03/22/2024. FDIC Insured. Since 03/14/2005. FDIC Cert # 57807. Established. 03/14/2005. Bank Charter Class. Federal Savings Bank. Primary Federal Regulator. Comptroller of the Currency. Main Office Address. 3105 Broadway. 2nd Floor. Astoria, NY 11106. Primary Website.Modernize your money with the nation’s first wearable payment ring. Exclusively for Quontic Checking Account customers, the next wave of banking technology is here. Make contactless purchases with a simple tap of your hand. $29 FREE. Open an account. Already have a Quontic checking account?Download the Quontic Bank Mobile app today! For mobile banking support, call: 1-855-226-5287 For customer service, call: 1-800-908-6600. Quontic Bank is Member FDIC. Disclosure: In order to sign up for online banking, you must have a Quontic Bank account. Mobile banking requires enrollment through online banking. Data connection required.Quontic Bank has an overall score of 3.7, based on 6 ratings on Knoji. PROS. Significantly greater brand recognition than Quontic Bank (estimated) Offers significantly more discounts and promotions than Quontic Bank. SoFi has 7 active coupon codes. CONS. No significant cons. PROS. No significant advantages.NEW YORK — Quontic Bank now offers its customers access to an additional 28,000 surcharge-free ATMs throughout the United States as part of a new partnership with MoneyPass, one of the nation’s largest surcharge-free ATM networks. MoneyPass Network ATMs – conveniently placed at other financial institutions and …In today’s digital age, banking has become more convenient and accessible than ever before. With the rise of online banking platforms like ATB Online, individuals now have the opti...Quontic Certificate of Deposit. Stash your cash. Watch it grow. View full product details. Choose your term length. 6 Month CD. View Disclosures. Apply Now.Start saving. Quontic Bank, Member FDIC. Insider’s Rating 4.25/5. Fees. no monthly service fee. Annual Percentage Yield (APY) 4.50% Minimum Opening Deposit. … The banking industry made over a billion dollars in overdraft fees in 2021. At Quontic, we believe that you shouldn’t be charged for access to your own money. And it’s often those in the toughest financial situations that rack up the most fees. That goes against what we stand for, so we’ve done away with our overdraft fees, among a dozen ... [email protected]. O: 718-215-4025. C: 646-925-0007. F: 888-600-4834. Joseph Allen is an experienced home mortgage professional with more than 15 years of experience. Joseph’s hard work ethic and deep knowledge base have enabled him to close more than $50 million in volume every year since 2011. Previously, Joseph had a successful career ...The Quontic Pay Ring is a special type of fintech exclusively for Quontic Checking Account customers, so you do need to have an account with Quontic to get one. If you already have an account, you can order your ring online—and if you don’t, you can open an account easily in minutes. Once you’re an account-holder, it’s easy to order ...Quontic is an online bank but has over 90,000 fee-free ATMs. With the Quontic Cash Rewards there are no monthly fees, minimum balance requirements, no overdraft, or NSF fees. There is a $100 ... Quontic’s Advisory Boards are a diverse group of financial and lending professionals that assist Quontic in allocating the resources necessary to aid the needs of underrepresented communities. Quontic’s Executive Leadership team is committed to serving underserved communities and to further hold the bank accountable to its target markets. Quontic Bank is an online-only bank that pays high interest rates on savings, checking, CD, and money market accounts. Start saving today. An icon in the shape of a person's head and shoulders. ...If you’re looking for a reliable financial institution to manage your banking needs, Syncrony Bank may be the right choice for you. With locations across the United States, Syncron...Quontic is making its mark as a bank with integrity and a mission to change the banking landscape. Learn more about Quontic. Access Quontic’s helpful mortgage, savings, budget and debt calculators. Check out our helpful resources to get answers to frequently asked questions, browse personal finance guides and much more. 3 Money Market Account is a tiered variable account wherein 0.40% annual percentage yield applies to balances of $0.01–$4.999.99, 0.50% APY applies to balances of $5,000.00–$149,999.99, and 0.60% APY applies to balances over $149,999.99. Minimum opening deposit of $100. Ask for details. Additional terms, conditions, fees & exclusions may apply. …Quontic Bank is not affiliated with or acting on behalf of or at the direction of FHA, VA or the Federal Government. **The max amount of $3,000,000 is for Lite Doc and Asset Utilization programs only. A loan amount up to $3,000,000 requires minimum 30% down payment with a minimum FICO of 700, OR minimum 35% down payment with a minimum FICO ...Looking for a card to earn more on NASCAR Shop purchases? Explore the Official NASCAR Credit Card from Credit One Bank. We may be compensated when you click on product links, such ...Quontic is an online bank but has over 90,000 fee-free ATMs. With the Quontic Cash Rewards there are no monthly fees, minimum balance requirements, no overdraft, or NSF fees. There is a $100 ...Loan Officer. Apply Now. NMLS ID: 335406. [email protected]. O: 305-204-9197. F: 888-519-1798. As an experienced mortgage professional for over 25 years, I understand the importance of providing the information you need to make confident decisions about financing your home. Whether you are purchasing a new home, refinancing your current ... Quontic Bank. 425 Broadholllow Road Melville, NY 11747-4713. 1; Location of This Business 31-05 Broadway, Astoria, NY 11106-2648. BBB File Opened: 12/17/2012. Years in Business: 19. Business Started: Jan 4, 2024 · Quontic Bank is an online-only bank that pays high interest rates on savings, checking, CD, and money market accounts. Start saving today. An icon in the shape of a person's head and shoulders. ... Banks incorporated in the UK. A full list of businesses considered banks by the Prudential Regulation Authority are listed in the table below. The list is based on the definition of …Quontic is making its mark as a bank with integrity and a mission to change the banking landscape. Learn more about Quontic.View bank performance, health, & analysis for Quontic Bank. Reports include balance sheet, income statement, acquisitions, timeline of key events, and deposit and loan compositions with visualizations and charts. Take a deep dive on every possible financial data point available for Quontic Bank.Quontic is the Adaptive Digital Bank®, offering entrepreneurs, immigrants, millennials, low-income families, seniors, and others innovative banking products and services, which embrace the diversity of circumstances that exist in its customers’ lives while elevating their financial strength. Quontic strives to give its customers the underdog ...The banking industry made over a billion dollars in overdraft fees in 2021. At Quontic, we believe that you shouldn’t be charged for access to your own money. And it’s often those in the toughest financial situations that rack up the most fees. That goes against what we stand for, so we’ve done away with our overdraft fees, among a dozen ...Founded in 2009, Quontic Bank began as a community bank in New York City and has since become online-only. Quontic is FDIC-insured, and a part of a fee-free ATM network made up of 90,000...Nov 2, 2565 BE ... payment ring launched by the award-winning, digital bank, Quontic. The Quontic Pay Ring is an innovative payment technology that allows Quontic ... Quontic is the adaptive digital bank that empowers its customers financially while embracing their diverse circumstances. Quontic’s disruptive banking platform reimagines traditional banking with adaptive lending and innovative deposit products that transcend legacy banking inequities. Jan 4, 2024 · Quontic Bank FAQs. What is the rate of return for Quontic Bank? The rate of return for Quontic High Yield Savings Account is 4.50% APY. You can also earn 4.30% to 5.30% APY on a Quontic CD ... Quontic Bank offers checking and savings accounts to small business loans and home mortgages, as well as online and mobile banking. Quontic Bank is an adaptive digital bank. Through its app, Quontic offers less-advantaged, decent human beings — self-employed, immigrants, millennials, low income, seniors, etc. — adaptive banking services ...Quontic’s CD product is straightforward. You must deposit at least $500 to open a CD, and you can choose terms of six months or two, three or five years. As of this writing, the best CD rate offered by Quontic is on its six-month CD, which has a 5.05% APY. The five-year CD has a 4.3% APY, which is still relatively high, especially when ...Overview / Commentary. www.quontic.com. 800-908-6600. 31-05 Broadway, Astoria, NY 11106. Quontic Bank is the 1,602 nd largest bank in the nation. It was established in 2005 and as of September of 2023, it had grown to 203 employees. Quontic Bank's money market rates are 11X the national average, and it has a C+ health rating.Quontic online banking offers 24/7 accessibility to your accounts, biometric authentication, and credit monitoring. You can also schedule or pay bills, use Zelle, and chat with US …Quontic is the Adaptive Digital Bank®, offering entrepreneurs, immigrants, millennials, low-income families, seniors, and others innovative banking products and services, which embrace the diversity of circumstances that exist in its customers’ lives while elevating their financial strength. Quontic strives to give its customers the underdog ...Jan 3, 2566 BE ... Banking with Quontic is all done via your computer, phone or tablet. The bank offers a highly rated mobile app. While you can't visit an in- ... 1 High Interest Checking Account is a conditional tiered variable rate account wherein you must deposit $100.00 to open this account. After fulfilling the minimum qualifying activity requirements per statement cycle of 10 qualifying Point of Sale debit card transactions equal to or over $10.00 per transaction, the 1.10% annual percentage yield (APY) applies to all balance tiers, which are ... The results offered are estimates and do not guarantee available loan terms, cost savings, tax benefits, etc. Quontic Bank cannot and does not guarantee their applicability or accuracy regarding your individual circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.Quontic Bank vs SoFi: Side-by-Side Brand Comparison. Compare SoFi vs. Quontic Bank side-by-side. Choose the best personal banking stores for your needs based on 1,440 criteria such as newsletter coupons, Apple Pay Later financing, Shop Pay Installments, PayPal Pay Later and clearance page .Lili provides nearly free banking services for freelancers and independent contractors. Check out my review and see if it's right for you! Lili provides nearly free banking service...Nov 10, 2021 · Quontic Bank Acquisition Corp. Announces Pricing and Closing of $8,000,000 of Subordinated Notes in a Private Placement. September 28, 2020. Read More. Overall, Quontic offers great rates, low fees, and a unique rewards. The app experience could use some work, however. It may not be the best choice if you prioritize a smooth banking experience over high rates. Quontic Bank Customer Service. Customer Service Hours: Monday - Friday, 9am - 6pm EST. Phone: 1-800-908-6600.Fixed-rate. A fixed-rate home loan is best known for its consistency and variety of term lengths that most commonly extend to 10, 15, 20, and 30-years. Like its name suggests, a fixed-rate mortgage is paid off with a fixed-rate each month. In other words, your monthly payments will not change during your loan’s lifespan.Quontic is the adaptive digital bank that empowers its customers financially while embracing their diverse circumstances. Quontic’s mission to break the system for financial empowerment stands in the face of big banks and proves there is a better and more equitable way to put the customer first. We focus on truly understanding and serving the ...As an experienced mortgage professional for over 25 years, I understand the importance of providing the information you need to make confident decisions about financing your home. Whether you are purchasing a new home, refinancing your current home, or investing in residential property, my goal is to provide you with the best possible home loan ...Invest in a U.S. property from abroad. Our Foreign National loan allows non-U.S. citizens to finance their investment property with ease. This loan program is exclusively for borrowers who don’t live or work in the United States. Take advantage of hot rental markets by utilizing the income generated from the property or showing your income ...Quontic Rate Sheet. This disclosure contains information about terms and interest rates for some of the accounts we offer. Note. In this disclosure, the Annual Percentage Yield is abbreviated as “APY”. If this disclosure was given to you in connection with an inquiry, the Interest Rate (s) and APY (s) shown are accurate as of March 18, 2024. Quontic is the adaptive digital bank that empowers its customers financially while embracing their diverse circumstances. Quontic’s disruptive banking platform reimagines traditional banking with adaptive lending and innovative deposit products that transcend legacy banking inequities. To most people, the process of opening a bank account can be intimidating and tiresome. However, this doesn’t have to be the case, especially if you are aware of the basic banking ...6 Months CD Annual Percentage Yield1 Are you wanting to grow your savings, but don’t want to tie up your funds for a long period of time? Quontic’s 6 Month Certificate of Deposit may be the right savings option for you. Minimum $500 deposit required. Open your account in 3 minutes or less. Get started 1.19% APY […]Jan 4, 2567 BE ... Quontic High Yield Savings Account is a solid savings account with a high rate and no monthly service fee. But if you want a savings account ... Quontic Certificate of Deposit. Stash your cash. Watch it grow. View full product details. Choose your term length. 6 Month CD. View Disclosures. Apply Now. Report the fraud to the three major credit bureaus: Equifax (800) 525-6286; www.equifax.com. Experian (888) 397-3742; www.experian.com. Trans Union (800) 680-7289; www.transunion.com. Call the Federal Trade Commission’s Identity Theft Hotline at (877) ID-THEFT. Contact your creditors and close your accounts. Finance ministers from the European Union clinched a deal just before dawn to make the European Central Bank (ECB) chief supervisor over some 150 of the euro zone’s biggest banks. ... The banking industry made over a billion dollars in overdraft fees in 2021. At Quontic, we believe that you shouldn’t be charged for access to your own money. And it’s often those in the toughest financial situations that rack up the most fees. That goes against what we stand for, so we’ve done away with our overdraft fees, among a dozen ... Overview / Commentary. www.quontic.com. 800-908-6600. 31-05 Broadway, Astoria, NY 11106. Quontic Bank is the 1,602 nd largest bank in the nation. It was established in 2005 and as of September of 2023, it had grown to 203 employees. Quontic Bank's money market rates are 11X the national average, and it has a C+ health rating.Loan Specializations: George Stilianudakis is vice president, mortgage lending branch manager at Quontic Bank’s Astoria headquarters, where he continues to successfully originate loans. Over the course of his nearly 24-year career, George has gained experience in both residential and commercial loans, including mixed-use and multi …Quontic Bank Attn: Loan Administration 31-05 Broadway, 2nd Floor, Astoria, NY 11106. VIA CHECK: Checks can be mailed to: Quontic Bank Attn. Loan Administration 31-05 Broadway Astoria, NY 11106. Make sure to include the loan number that appears on your first monthly mortgage statement in the memo line. If the loan number is unavailable, …Quontic Bank Bitcoin Rewards Checking: The Bitcoin Rewards Checking account lets you earn 1.5% back in Bitcoin on eligible debit card purchases. There is a $500 minimum to open this account and it ...Founded in 2009, Quontic Bank began as a community bank in New York City and has since become online-only. Quontic is FDIC-insured, and a part of a fee-free ATM network made up of 90,000...Digital banking. 14.04.2022 12:55 pm. Quontic's wearable payment device will allow customers to tap-to-pay at any merchant worldwide that accepts contactless payments. …Founded in 2009, Quontic Bank began as a community bank in New York City and has since become online-only. Quontic is FDIC-insured, and a part of a fee-free ATM network made up of 90,000 ATMs ...Mary Shaver is located in S. CA and has been in the mortgage lending industry for over 25 years with knowledge and experience in all aspects of the mortgage lending industry ranging from FNMA / FHLMC, Government, JUMBO, “Old-school subprime” as well as all of the great options within non-QM. She is available to assist with all of your ...Quontic mobile banking Bank anywhere, anytime, from the convenience of your mobile devices. Plus enjoy a variety of financial tools to help you make the most of your money. Convenience Synced Accounts A birds-eye view of all your bank accounts and loans in one place Learn more Account Management A birds-eye view of all your bank accounts […]Quontic’s wearable payment device will allow customers to tap-to-pay at any merchant worldwide that accepts contactless payments. NEW YORK, April 12, 2022 /PRNewswire/ — Quontic Bank announced today that it has introduced a tap-to-pay mobile payment ring to the U.S. market. Quontic is an innovative, digital-first, and customer centric bank on a mission to redefine how …Quontic is the Adaptive Digital Bank®, offering entrepreneurs, immigrants, millennials, low-income families, seniors, and others innovative banking products and services, which embrace the diversity of circumstances that exist in its customers’ lives while elevating their financial strength. Quontic strives to give its customers the underdog ...View bank performance, health, & analysis for Quontic Bank. Reports include balance sheet, income statement, acquisitions, timeline of key events, and deposit and loan compositions with visualizations and charts. Take a deep dive on every possible financial data point available for …Jan 4, 2567 BE ... Quontic High Yield Savings Account is a solid savings account with a high rate and no monthly service fee. But if you want a savings account [email protected]. O: 718-215-4025. C: 646-925-0007. F: 888-600-4834. Joseph Allen is an experienced home mortgage professional with more than 15 years of experience. Joseph’s hard work ethic and deep knowledge base have enabled him to close more than $50 million in volume every year since 2011. Previously, Joseph had a successful career ...Quontic's ATM locator. Locate an ATM near you to withdraw funds from your Quontic account. With over 90,000 fee-free locations across the country, you’re never too far away from the funds you need. Quontic has over 90,000 fee-free ATM locations across the country for easy access to your money. Find an ATM near you.NEW YORK, Dec. 7, 2020 /PRNewswire/ — Quontic, the adaptive digital bank, announced today that it has appointed Steve Thomas as a member to Quontic’s CDFI Advisory Board. As an accomplished industry veteran with over twenty-five years of housing finance experience, Thomas will join Quontic’s CDFI Advisory Board to advise the Bank regarding Quontic’s activities … Quontic Certificate of Deposit. Stash your cash. Watch it grow. View full product details. Choose your term length. 6 Month CD. View Disclosures. Apply Now. With Quontic, you’re more than just an account number. You’re a partner on our mission. As a CDFI, we’re the bank that helps bring the dream of homeownership to low-income families, immigrants, people of color, small business owners, and others who are unable to obtain mortgage financing through traditional lenders.Emblematic of this brave new world, Quontic Bank is a disruptive banking platform which transcends the bank-FinTech divide and harnesses the best of both worlds to deliver best-in-class customer outcomes. Founded in 2009 and headquartered in New York, the bank is a self-proclaimed champion of “underdogs, entrepreneurs, gig-economy workers ...Quontic Bank offers five common term lengths, but other banks offer as many as 11 term options with CDs as short as 3 months and as high as 7 years. Grace period: 10 days: This is similar to other banks. Cashout and rollover: You’ll receive a Maturity Notice at least 30 days before your maturity date. If you don’t call Quontic Bank during ...Quontic is the adaptive digital bank that empowers its customers financially while embracing their diverse circumstances. Quontic’s mission to break the system for financial empowerment stands in the face of big banks and proves there is a better and more equitable way to put the customer first. We focus on truly understanding and serving the ...Founded in 2009, Quontic Bank began as a community bank in New York City and has since become online-only. Quontic is FDIC-insured, and a part of a fee-free ATM network made up of 90,000...Modernize your money with the nation’s first wearable payment ring. Exclusively for Quontic Checking Account customers, the next wave of banking technology is here. Make contactless purchases with a simple tap of your hand. $29 FREE. Open an account. Already have a Quontic checking account?
Quontic Bank, 31-05 Broadway, Fl 2, Astoria, NY 11106: See customer reviews, rated 2.3 stars. Browse photos and find all the information.. Arizona state university my asu
Your Quontic bank accounts are insured to the maximum legal limits. 2. MasterCard® Protections. Your debit card comes with MasterCard Zero Liability Protection and ID Theft Protection. Learn more. Biometric Authentication. Log in to your account securely with your fingerprint or facial recognition. Learn how. 1 High Interest Checking Account is a conditional tiered variable rate account wherein you must deposit $100.00 to open this account. After fulfilling the minimum qualifying activity requirements per statement cycle of 10 qualifying Point of Sale debit card transactions equal to or over $10.00 per transaction, the 1.10% annual percentage yield (APY) applies to all balance tiers, which are ... quantic.edu. Quantic School of Business and Technology, also known as Quantic, is an online private business school based in Washington, D.C. Founded as Smartly Institute by Tom Adams in 2016, the school offers accredited executive degree programs through its proprietary mobile-first learning platform and is known for its unique pedagogy that ...Quontic Bank was founded in 2009 to provide an online banking experience across the nation. Plus, a brick-and-mortar location in New York City. The savings and checking products offered by the bank provide high interest rates and enticing rewards opportunities for their customers. Additionally, Quontic Bank is a Community Development Financial Institution.Quontic Bank Review 2024. Quontic is an online bank that offers checking and savings accounts. Read our review to compare rates, fees, and. Our methodology is designed to provide consumers with unbiased and comprehensive evaluations of various banking products. Visit our Editorial Policy page for more information.NEW YORK, June 1, 2020 /PRNewswire/ — Quontic, the adaptive digital bank, is pleased to announce that Patrick Sells, Chief Innovation Officer, has been recognized by American Banker as 2020 Digital Banker of the Year for his contributions to advancing digital banking.Sells is honored by his esteemed colleagues at American Banker for Quontic’s transformation as a …Quontic’s wearable payment device will allow customers to tap-to-pay at any merchant worldwide that accepts contactless payments. NEW YORK, April 12, 2022 /PRNewswire/ — Quontic Bank announced today that it has introduced a tap-to-pay mobile payment ring to the U.S. market. Quontic is an innovative, digital-first, and customer centric bank on a mission to redefine how … Quontic is the adaptive digital bank that empowers its customers financially while embracing their diverse circumstances. Quontic’s disruptive banking platform reimagines traditional banking with adaptive lending and innovative deposit products that transcend legacy banking inequities. Quontic Bank was founded in 2009 to provide an online banking experience across the nation. Plus, a brick-and-mortar location in New York City. The savings and checking products offered by the bank provide high interest rates and enticing rewards opportunities for their customers. Additionally, Quontic Bank is a Community Development Financial Institution.Quontic Bank announced today that it will join Early Warning’s Zelle Network to offer customers a fast, safe and easy way to make person-to-person (P2P) payments. Quontic Bank will be among the first community banks to launch Zelle, thanks to its partnership with global financial services provider, FIS.In October, 2020 Casey was promoted to Quontic Bank’s first Chief Empowerment Officer. This role provides a channel for Quontic employees to initiate change, to participate in change and to cultivate change. Casey provides resources and opportunities for Quontic teammates to feel comfortable bringing their authentic selves to work, whether ... 1 High Interest Checking Account is a conditional tiered variable rate account wherein you must deposit $100.00 to open this account. After fulfilling the minimum qualifying activity requirements per statement cycle of 10 qualifying Point of Sale debit card transactions equal to or over $10.00 per transaction, the 1.10% annual percentage yield (APY) applies to all balance tiers, which are ... View bank performance, health, & analysis for Quontic Bank. Reports include balance sheet, income statement, acquisitions, timeline of key events, and deposit and loan compositions with visualizations and charts. Take a deep dive on every possible financial data point available for …No doc loans, short for no documentation loans, are mortgages that require little to no paperwork to qualify. Lenders don’t have to consider tax documents like W2s or tax returns but can accept bank statements as a sufficient form of proof of income. These mortgages are a great resource for self-employed borrowers and can be used for a home ...Synced Accounts. A birds-eye view of all your bank accounts in one place. Learn more. Financial Wellness. Including a full credit report, and credit report monitoring. Card Updater Tool. If you replace your card your automatic payments will be updated. Biometric Authentication. Use your fingerprint or facial recognition to login quickly.Digital banking. 14.04.2022 12:55 pm. Quontic's wearable payment device will allow customers to tap-to-pay at any merchant worldwide that accepts contactless payments. …What is Quontic Bank? Quontic first started in 2009 as a community development bank in New York City. Since then, it's transitioned into a digital banking service available to residents in all 50 states. Founder and entrepreneur, Steven Schnall, acquired Quontic by purchasing Golden First Bank — a tiny bank with only $24 million in assets..