Quantum National Bank Rates & Review

Quantum National Bank Review

In 1995, a cardiologist and other local residents of Suwanee, Georgia, opened Quantum National Bank to provide community banking services to Georgia residents and businesses in this North Atlanta suburb.

After more than fifteen years in business, Quantum National Bank has added a second location in Milton, Georgia and remains primarily owned by Dr. Neelagaru and his family. The bank's mission is to provide service to long-term and immigrant residents in the area.

Quantum National Bank has earned many awards, including being named one of the "Top Banks" in Gwinnett County by Gwinnett Magazine and earning the "Best of Class" Outstanding Website award from the Independent Community Banks of America.

All deposit accounts at the bank are fully FDIC insured to the maximum limit of $250,000 per depositor.

Deposit accounts

Customers searching for the best bank rates can choose from a savings account, a money market account and a certificate of deposit (CD) at Quantum National Bank. IRAs are also available.

For a checking account, customers can choose the Super Free checking account which has no minimum balance, or the Hi-Rate checking account which waives fees and pays interest when minimum balances are met.

All checking, savings, money market and CD accounts are currently limited to Georgia residents.

Financial services

Quantum National Bank offers both business and personal financial services including loans and deposit accounts. Consumers can apply for a mortgage, home equity or consumer loan or line of credit.

The bank offers free online banking, free e-Statements and free online bill paying. All ATM fees worldwide are free.

The Quantum National Bank website provides an extensive list of financial calculators to help customers estimate mortgage payments, manage debt payments, estimate taxes and plan for retirement.

Deposit insurance

Quantum National Bank has been insured by the Federal Deposit Insurance Corporation since 1995. FDIC coverage for eligible deposits was permanently increased from $100,000 to $250,000 per depositor in July 2010. Joint accounts are insured by FDIC up to at least $250,000 per account holder.

Compare savings account interest rates from Quantum National Bank and hundreds more banks and credit unions at SavingsAccounts.com.