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
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.