Chairman & CEO
Steven Schnall founded Quontic Bank in 2009 with the vision to transform the banking industry into customer-centric commerce.
Schnall has been instrumental in the acceleration and growth of this financial institution since inception. He has transformed Quontic Bank into a profitable, well-capitalized, and highly philanthropic financial institution. One of Schnall’s greatest successes was earning Quontic Bank the U.S. Department of the Treasury’s designation as a Community Development Financial Institution. This designation was given due to Quontic Bank’s focus on lending to low-to-moderate-income individuals and small businesses.
As a serial entrepreneur, Schnall has always had a passion for business startups and focusing on serving the communities in which they 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 internet commerce.
Schnall is also an active real estate investor, developer, and co-chairman of Fit Athletic Holdings. He is a founding director and primary contributor to Urban Angels, a nonprofit organization that provides 100,000 meals to the homeless every year. In addition to his other responsibilities, he serves on the advisory board of The Arthur Project and the New York League of Independent Banker.
Schnall graduated Cum Laude from the University of Florida with a Bachelor’s Degree in Accounting.