NEW YORK, NEW YORK (June 7, 2021)—Independent Banker magazine, the award-winning monthly publication of the Independent Community Bankers of America (ICBA), today unveiled its annual 40 Under 40: Emerging Community Bank Leaders list. The award recognizes the nation’s up-and-coming community bank innovators and influencers who represent the future of the industry. Grace Pace, Vice President and Digital Engineer, at Quontic is named to the list.
“ICBA congratulates Grace Pace on this well-deserved honor,” ICBA President and CEO Rebeca Romero Rainey said. “Grace is part of a diverse and talented group of community bank professionals selected this year for their great resiliency and a willingness to do what it takes to meet the needs of their communities. We’re pleased to recognize Grace for her willingness to find opportunities to lead and whose actions demonstrate an adherence to the values of community banking.”
The feature story in the June issue of Independent Banker highlights how the 40 Under 40 honorees have overcome challenges and answered calls for innovation while staying true to the guiding principles that make community banking special. Chosen from hundreds of entries, candidates were judged on the following criteria: character, leadership, community involvement, and innovation. Bank technology services provider FIS, of Jacksonville, Fla., sponsored this year’s program.
“I’m honored to be in the company of such a distinguished group and to represent Quontic on ICBA Independent Banker’s 40 Under 40: Emerging Community Bank Leaders list,” Grace Pace said. “I’m thankful to be part of this great industry and to work alongside my community bank colleagues to make a positive impact in the lives of our customers and our community here in New York and across the nation.”
Grace’s expertise and vision has played a major role in how Quontic has revolutionized digital banking, especially in regards to opening accounts online to best serve the needs of Quontic’s community. The far reaching effects of COVID-19 accelerated Quontic’s transformation surge, where they were forced to evaluate how to consistently provide dependable and safe services. This transformation gave Grace the platform and support to build out the digital and innovative side of Quontic, which has allowed the bank to improve accessibility of services and product offerings. Grace believes it is vital for community banking to grow and also innovate, while keeping the traditions of community investment roots grounded.
“We’re so proud of Grace for being named to this impressive list of community banking leaders,” Steve Schnall, CEO & Founder of Quontic said. “Grace’s hard work, dedication and commitment to the bank’s mission of service is commendable and has earned the admiration of her colleagues and the respect and trust of our customers. We are gratified that Grace is receiving the national recognition that she so richly deserves.”
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’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. The bank focuses on truly understanding and serving the underdogs, entrepreneurs, gig-economy workers, immigrants, and more with a curated banking experience as opposed to a one-size-fits-all banking approach. Quontic is a privately held company based in New York, New York. Learn more at QuonticBank.com. Follow and connect with Quontic on Facebook and Instagram.
The Independent Community Bankers of America creates and promotes an environment where community banks flourish. ICBA is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education, and high-quality products and services.
With nearly 50,000 locations nationwide, community banks constitute 99 percent of all banks, employ more than 700,000 Americans and are the only physical banking presence in one in three U.S. counties. Holding more than $5 trillion in assets, over $4.4 trillion in deposits, and more than $3.4 trillion in loans to consumers, small businesses and the agricultural community, community banks channel local deposits into the Main Streets and neighborhoods they serve, spurring job creation, fostering innovation and fueling their customers’ dreams in communities throughout America. For more information, visit ICBA’s website at www.icba.org.