Quontic Bank Reviews

Low pay, bad management, bait and switch benefits. This place is a sinking ship. They've had multiple rounds of layoffs this year alone. It is completely leaderless since the death of their founder (Google Steve Schnall motorcycle accident). The vacuum he left has made it possible for a few inexperienced execs to make power grabs. The marketing team is run by a fragile ego who loves nothing more than the sound of his own voice and uses the marketing team to build his own PR and make cartoons of him (not a joke). The micromanagement is serious, while big management tasks are left undone. It's a smothering culture where ideas won't be heard and budgets are getting slashed. You'll get lured in with promises of bonuses that you'll be told have been suspended only after you come aboard. Oh, and the 401K doesn't vest for three years. They won't tell you that in advance either. Unsatisfying work, deteriorating environment, lack of opportunity for advancement.

This company recruited me from another company where I was a top earner. They falsely stated the volume I would get and/or have the potential to close and bonus potential. They only assigned like 2-3 files a month to me when they promised I could close 20-30 files a month. It was a farce. They assigned files to people based on their ethnicity stating that people in New York that are Greek, or Asian, East Asian or Hispanic prefer to work with processors of the same ethnicity. This was a very discriminatory practice. When loan officers would request me as a processor (giving me an opportunity to work more files it was refused. I have worked with all types of customers in all back grounds and no issues. It was a very closed minded and bigoted approach.