Welcome to Quontic!
Meet the leaders who are surpassing customer expectations and innovating new technology in banking.
Utilizing extensive experience, knowledge, and creativity, Quontic’s leadership team is paving the way for customer-centric banking nationwide. We prioritize our customers by ensuring that their banking experience is efficient and effective. Our focus is to innovate ways to better the banking industry and enhance technological advancements to help our customers achieve a better financial future.
Chairman & CEO
Chief Innovation Officer
Donald M. Frain
President & CFO
From Small Beginnings to a National Brand
In 2009, Steven Schnall purchased Golden First Bank with the vision to create a financial institution built upon a solid foundation of excellence and service. Upon acquisition, Schnall gathered a new team of experts, invested fresh capital, and renamed the institution Quontic Bank, meaning “real” quality.
Quontic became a CDFI in 2016 and recognized this as a momentous opportunity to serve the underbanked and perpetuate its vision of providing excellent service. In 2018, Quontic expanded its vision even further by rebranding itself as Quontic, the Adaptive Digital Bank®, with a focus on using technology to elevate the financial strength of its customers.
Now headquartered in Manhattan, New York, Quontic continues to spread its high standards, exceptional customer service, and caliber around the nation.