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Steven Schnall

Chairman & CEO

Steven Schnall

Steven Schnall is chief executive officer, chairman and controlling shareholder of Quontic Bank. A serial entrepreneur, Steve has a passion for business startups and focuses on serving the communities where his businesses reside. He has a proven track record of founding several successful private and public companies across a variety of industries, including community banking, mortgage finance, health and fitness, and early stage dot-com era ventures.

Steve was instrumental in earning Quontic Bank the U.S. Department of the Treasury’s designation as a Community Development Financial Institution because of its focus on lending to low- to moderate-income individuals and to small businesses. He also has helped drive the transformation of Quontic Bank into a fast growing, profitable, well-capitalized and highly philanthropic financial institution.

Steve is also an active real estate investor/developer and co-chairman of Fit Athletic Holdings. He is a founding director of, and primary contributor to, Urban Angels, a nonprofit organization that provides food to the homeless, serving more than 100,000 meals per year. He also serves on the advisory board of the New York League of Independent Bankers.

He received a bachelor’s degree in accounting, cum laude, from the University of Florida and resides in Manhattan with his wife and two sons.

Press mentions

The Washington Post
Mortgage rates continue their upward march

Florida Trend
Movers & Influencers

Queens Gazette
Queens Banker Receives Award

Miami Beach Community Newspapers
Quontic Bank CEO receives entrepreneurship award from University of Florida

Independent Banker
Owning the American dream

MarketWatch
Meet the little bank that’s helping immigrants achieve big American Dreams

The Real Deal
Steven Schnall’s American dream

MarketWatch
Mortgage rates hit 14-month high as bonds sell off

NPR's Marketplace
4 percent interest on savings? It sounds too good to be true

Independent Banker
Small-Business Smarts: Turning entrepreneurs into longtime customers

Crain's
The Queens bank growing with the city's working-class families

Queens Tribune
Quontic Bank Awarded Five-Star Bauer Rating

Queens Gazette
Schnall: Trump's tax reform to stimulate economy

The Real Deal
Real estate pros share picks for books on Nigeria, everyday opportunities and astrophysics on the go

The Mortgage Reports
No Doc Mortgage: What’s Available Now

The Street
New Home Sales Plummeted In April - Bad News For Homebuyers?

The Real Deal
Building a Great Wall around money from China

We Heart Astoria
Astoria Biz Owner Spotlight: Steven of Quontic Bank

The Real Deal
I’m too sexy for this … loan?

We Heart Astoria
Banking on Astoria's small businesses

Queens Gazette
Quontic Bank Ranked Number One Among State Banks

Reverse Mortgage Daily
Reverse Mortgages Start at the Kitchen Table, But Scaling Proves Hard

Half Hollow Hills — Long Islander News
Quontic Bank Relocates To Route 110 Corridor

Newsday
Quontic Bank plans to double size of new Melville office

Half Hollow Hills Patch
Quontic Bank upgrades offices to Melville

Long Island Business News
Quontic Bank moves home loan offices to Melville 

Queens Tribune
Quontic Bank Among Nation's Healthiest

TimesLedger
Astoria-based bank ranked in top 200 in nation

CNBC
Quontic Bank launches 'Lite Doc' loan

Queens Gazette
Quontic Bank Opens New Astoria Branch

Newsday
Despite shaky economy, some see opportunity for new banks

The Real Deal
NY Mortgage Trust founder launches bank

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