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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.)

A brief history of Quontic Bank

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.

Wait… so it’s all online?


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.


1Bitcoin Reward Checking account is a non-interest bearing personal checking account, requires a minimum of $500.00 to open the account, and does not require a minimum daily balance to earn Bitcoin rewards. Qualifying Point of Sale (POS) Debit Card Transactions (“Eligible Debit Card Transactions”) shall receive Bitcoin Rewards at the U.S. dollar value of 1.50% on all Qualifying POS Debit Card Transactions that post and settle to the Bitcoin Rewards Checking Account. Fees and terms are subject to change. Additional terms and conditions may apply. No Bitcoin Rewards will be paid if the Qualifying POS Debit Card Transaction requirements are not met or if the requirements for establishing an account with NYDIG Execution LLC (“NYDIG Account”) are not met. The following are not Qualifying POS Debit Card Transactions and do not count toward earning Bitcoin Rewards: ATM-processed transactions; transfers between accounts; purchases made with debit cards not issued by the Bank; cash over portions of POS transactions; Peer-to-Peer (P2P) payments (such as Apple Pay Cash); loan payments or account funding made with your debit card and purchases made using third-party payment accounts (services such as 

Venmo® and PayPal™ , who also provide P2P payments). Transactions may take one or more business days from the date the transaction was made to post and settle to an account. Bitcoin Rewards Checking has geographic, regulatory, and other restrictions that may apply. Bitcoin Reward Checking is currently available in the states of Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Illinois, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.

Bitcoin execution and custody services are provided by NYDIG Execution LLC (“NYDIG”). NYDIG is authorized by the New York State Department of Financial Services to engage in virtual currency business activity. To receive bitcoin services an account will be opened with NYDIG in which your bitcoin will be held (the “NYDIG Account” ). Please refer to NYDIG’s User Agreement for more information, including applicable eligibility criteria. Bitcoin balances in your NYDIG Account are not insured by the Federal Deposit Insurance Corporation (FDIC), the Securities Investor Protection Corporation (SIPC), or any other public or private insurer. NYDIG does not make any recommendations regarding buying or selling bitcoin. There are risks associated with bitcoin trading, including possible loss of value. See NYDIG’s User Agreement.

Information is subject to change and is accurate as of October 19, 2021.

2FDIC insurance is applicable to eligible deposit accounts and up to the maximum allowed by law . Learn more at https://www.fdic.gov/resources/deposit-insurance/financial-products-insured/index.html.

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