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FOR IMMEDIATE RELEASE
September 19, 2017

QUONTIC BANK HIKES ITS CD RATES

The New York City-based bank also increased the interest rate on its interest checking and money market checking account.

NEW YORK-Effective immediately, Quontic Bank has raised its rates on the following products:

  • Interest checking: 0.60%
  • Money market checking: 1.00%
  • 3 mo CD: 0.41%
  • 6 mo CD: 1.01%
  • 12 mo CD: 1.61%
  • 18 mo CD: 1.71%
  • 24 mo CD: 1.81%
  • 36 mo CD: 2.01%
  • 60 mo CD: 2.01%

The above products require a minimum opening deposit of $10,000.

For more information about Quontic Bank's deposit rates, visit: https://quonticbank.com/personal-banking/deposit-rates 

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About Quontic Bank

Headquartered in New York City, Quontic Bank is a Member FDIC community bank that's intensely customer focused and relationship driven. Through a growing network of branches and loan production offices, we provide a full suite of competitively priced deposit products, residential and commercial mortgages and small business loans, as well as leading-edge tools that give you convenient access to your money! Learn more at QuonticBank.com.

Media contact

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

Disclosure: 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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