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Find a Location

Quontic Bank has 2 locations, listed below.

*This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

    Country
    Please enter a valid location.
    • Quontic Bank

      31-05 Broadway Astoria, NY 11106-2648

    • Quontic Bank

      425 Broadholllow Road Melville, NY 11747-4713

    Business ProfileforQuontic Bank

    Bank
    Multi Location Business

    At-a-glance

    Customer Reviews

    1.06/5stars

    Average of 17 Customer Reviews

    Customer Complaints

    21 complaints closed in last 3 years

    5 complaints closed in last 12 months

    Customer Reviews are not used in the calculation of BBB Rating

    Overview of BBB Rating

    Related Categories

    Overview

    Quontic Bank is a bank.

    Business Details

    This is a multi-location business.

    Find a Location

    Quontic Bank has 2 locations, listed below.

    *This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

      Country
      Please enter a valid location.
      • Quontic Bank

        31-05 Broadway Astoria, NY 11106-2648

      • Quontic Bank

        425 Broadholllow Road Melville, NY 11747-4713

      Location of This Business
      31-05 Broadway, Astoria, NY 11106-2648
      BBB File Opened:
      12/17/2012
      Years in Business:
      19
      Business Started:
      3/14/2005
      Type of Entity:
      Corporation

      Industry Tip

      BBB Tip: How to choose a new bank or credit union

      Customer Complaints

      21 Customer Complaints

      Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

      File a Complaint

      Most Recent Customer Complaint

      04/23/2024

      Complaint Type:
      Service or Repair Issues
      Status:
      Answered
      I had been very excited about moving my funds into Quontic, with a high yield savings account that is more aligned with my values. I had spent months of time doing research on options that I could move to and support for exiting my current bank account. However, ********************** has forced me to look elsewhere. My first application was rejected without a clear reason. I received an e-mail saying that the decision system could not verify one thing or up to four things: device and behavior authentication, address authentication, phone verification, or public records. I called on Friday, April 12, to ask for help. I was told that I needed to turn off my VPN to try again, and to make sure there were no mistakes on the first form (the website says nothing about VPN problems). I was also told that I would get another chance within 24 hours. The second chance came on Monday, April 15 after more than 24 hours (the weekend does not have business days, but even so it would still have been more than 24 hours).I triple-checked the information I put into the form against my bank account statement to make sure everything was aligned. There were no mistakes. My VPN was off.However, my 2nd application was rejected. I used the exact same information to pay my taxes online on that same day. My information, device, address, etc. were all good enough to pay my taxes to the *** and for my bank. I have used the same information and devices for years. For some reason, this was not good enough for Quontic, which despite a flawed decision system will not open an account after a ************************************ e-mailed and called me to simply repeat what the e-mail had already said, no new information was provided.The flawed deciding system turns away potential customers who want to support affordable housing with their money. This is not helpful for growing a business or supporting the community, as a CDFI is supposed to do. The flawed system hurts Quontic and the community it aims to serve.
      Read More

      Customer Reviews

      17 Customer Reviews

      What do you think? Share your review.

      How BBB Processes Complaints and Reviews

      Start a Review

      Most Recent Customer Review

      Jennifer C

      1 star

      11/14/2023

      Horrible customer service! I have had a savings account with them for over a year and wanted to open a second one. I accidentally entered an incorrect digit on my funding source account number and now they are telling me I'm unable to ever open a second account with them. I told them if they couldn't help me I would close out my account and they could not care less. Interest rates might be good but you can find those at other, better banks.

      Quontic Bank Response

      11/22/2023

      Quontic Bank will communicate directly to the customer/complainant in order to comply with the ********************************** Act (GLBA).

      Local BBB

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