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FOR IMMEDIATE RELEASE
November 20, 2017

Quontic Bank unveils 1.40% APY personal savings account for Black Friday 2017

The New York City-based bank is offering Black Friday shoppers what it thinks is probably the highest savings rate in the country.


NEW YORK
-Quontic Bank announced a special offer for shoppers in search of savings on Black Friday 2017: a personal savings account that pays an annual percentage yield of 1.40 percent* - far more than traditional banks.

The high-yielding savings account must be opened in-person at Quontic Bank's Astoria branch in New York City on Black Friday, Nov. 24, 2017 between its holiday hours of 8:30 a.m. to 1 p.m. The Astoria branch is located off the Broadway subway stop on the N/W line at 31-05 Broadway, Astoria, NY 11106.

*The Black Friday special can only be obtained with new money and new money cannot be funds held by Quontic Bank. The minimum to open the account is $10,000.00. This is a tiered account; 1.40% APY for accounts maintaining a minimum daily balance of $10,000 or more, 0.50% APY for accounts maintaining a minimum daily balance of $9,999.99-$99.99 and 0% APY for accounts with a daily balance of less than $99.99.

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About Quontic Bank

Quontic Bank is a Member FDIC bank, headquartered in New York City and located in a growing number of states. We offer everything from checking and savings accounts to small business loans and home mortgages, as well as online and mobile banking. Our goal is to provide 5-star customer service while making banking easy and the home mortgage process hassle-free. Learn more at http://www.quonticbank.com.

Media Contact

Quontic Bank
Drew Sandholm
718-215-4061
dsandholm@quonticbank.com

Disclosure: Disclosure: Ask for details. Additional terms, conditions, fees, restrictions & exclusions may apply. Interest will compound daily & credit monthly. Interest rates may change after the account is opened & fees could reduce earnings. If account is closed before interest is credited, accrued interest will be forfeited for that statement cycle. Information is accurate & effective as of November 17, 2017 & is subject to change without notice. This is intended for news media professionals only. This material & information provided herein is for general information only & should not be relied upon.

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