How do I receive my monthly statements?
Monthly statements are delivered electronically and can be accessed through online banking or the Quontic mobile app.
Is there a limit to the number of transactions I can make per month?
No, there is no limit to the number of transactions you can make each month.
How is the interest calculated?
Interest on your account is compounded daily, based on your balance. The total earned is deposited on the 10th of each month, or the prior business day if the 10th is a weekend or holiday. Daily compounding helps your interest grow faster, since each day’s interest earns more interest. Note: The amount of interest paid […]
How often can the interest rate change?
We may change the interest rate on your account at any time without notice.
Are there any requirements to earn the advertised Annual Percentage Yield (APY)?
No, there are no transaction or balance requirements to earn the advertised APY. All account holders receive the stated interest rate regardless of activity or balance.
Are there any monthly maintenance fees for the High Yield Savings account?
No, there are no monthly maintenance fees to keep your account active. For details on other services and potential fees, please refer to our Schedule of Fees.