By Bill Parry
An Astoria-based bank has been named one of the Top 200 Healthiest Banks in America by Depos
The website also gave Quontic Bank an “A-plus” health grade for its overall financial strength. The bank, headquartered at 31-05 Broadway, stood out in all of the primary evaluation categories, including capitalization, deposit growth and loan to reserve ratios, Depos
“This ranking shows that despite our relatively small size, Quontic Bank ranks among the top 2 percent of all federally insured banks in the entire country,” Quontic Bank CEO Steven Schnall said. “We are proud of this distinction.”
Quontic Bank currently has locations in Astoria, Times Square and Long Island as well as Indiana, Connecticut and Florida. “With more to come,” Marketing Director Drew Sandholm said.
Each year, Depos
Reach reporter Bill Parry by e-mail at bparr