About
Quontic is a digital bank based in the United States. The bank was founded in 2009 and is headquartered in New York. Quontic offers a range of financial products and services, including checking and savings accounts, home loans, and small business loans. One of Quontic's unique offerings is its Bitcoin Rewards Checking account, which allows customers to earn Bitcoin as they use their debit card for purchases.
Quontic is committed to providing innovative financial solutions and is focused on serving underserved communities.
Key Features
Some of the key features of Quontic Bank include:
- Digital Banking. Quontic is an online-only bank, which means that customers can manage their accounts and perform transactions through the bank's website or mobile app.
- Financial Products. The bank offers a range of financial products and services, including checking and savings accounts, home loans, small business loans, and CDs.
- Bitcoin Rewards Checking. Quontic's Bitcoin Rewards Checking account allows customers to earn Bitcoin rewards as they use their debit card for purchases.
- Customer Service. The bank is known for its excellent customer service and has received high ratings from customers and financial experts.
- Financial Inclusion. The bank is committed to serving underserved communities and offers loan products specifically designed for individuals who may have difficulty accessing traditional banking services.
- FDIC Insured. Quontic is FDIC-insured, which means that deposits are insured up to $250,000 per depositor.
Requirements
To become a Quontic Bank customer, you will need to meet certain requirements. Here are some of the general requirements:
- Age. You must be at least 18 years old to open an account.
- Identification. You will need to provide a valid government-issued ID, such as a driver's license, passport, or state ID.
- Social Security Number. It is necessary to provide a Social Security number or taxpayer identification number.
- Address. You will need to provide a valid mailing address.
- Initial Deposit. You may need to make an initial deposit to open an account, depending on the account type.
- Eligibility. Quontic Bank may have certain eligibility requirements for certain account types, such as income or credit score requirements for loans or mortgages.
It's important to note that specific requirements may vary depending on the account type and individual circumstances, so it's always a good idea to consult with Quontic Bank or review their account requirements before opening an account.
Access on the Go
Quontic offers mobile banking through their mobile app, which is available for download on both iOS and Android devices. The app allows customers to access their accounts on the go, including checking their balances, making deposits, transferring money, paying bills, and managing their debit cards.
In addition to the mobile app, Quontic's website is also optimized for mobile browsing, so customers can access their accounts and perform transactions through their mobile web browser if they prefer.
Overall, Quontic offers a convenient and accessible mobile banking experience for customers who prefer to manage their finances on the go.
Products and Services
Quontic Bank provides a range of financial products and services to meet the needs of its customers. Here are some of the products and services:
- Checking Accounts. The bank offers several types of checking accounts, including their innovative Bitcoin Rewards Checking account, which allows customers to earn Bitcoin rewards as they use their debit card for purchases.
- Savings Accounts. Customers are offered several savings account options, including a high-yield savings account that offers competitive interest rates.
- Certificates of Deposit (CDs). Quontic Bank offers CDs with a range of terms and competitive interest rates.
- Home Loans. A range of home loan products includes conventional, FHA, and VA loans, as well as renovation and construction loans.
- Small Business Loans. The bank offers SBA loans, lines of credit, and term loans to small business owners.
- Credit Cards. Customers are offered credit cards with competitive interest rates and rewards programs.
- Cash Management Services. Quontic Bank provides cash management services to help businesses manage their finances and optimize their cash flow.
Overall, Quontic offers a variety of financial products and services that are designed to meet the needs of its customers, whether they are individuals, families, or businesses.
Which associations does Quontic belong to?
Quontic is a member of several industry associations and organizations. Here are some of them:
- American Bankers Association (ABA);
- Independent Community Bankers of America (ICBA);
- New York Bankers Association (NYBA);
- National Association of Federally-Insured Credit Unions (NAFCU);
- Mortgage Bankers Association (MBA);
- National LGBT Chamber of Commerce (NGLCC).
Membership in these associations allows Quontic to stay up to date on industry developments and best practices, as well as to engage with other industry professionals and advocate for the interests of its customers and the communities it serves.
