Abacus Bank
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Overview
Tagline Brand's website · 2026-11-07
Abacus Federal Savings Bank is a full-service community bank serving personal and business customers across New York, New Jersey, and Pennsylvania.
Description Brand's website · 2026-11-07
Founded in 1984 by business leaders from New York City's Chinese community, Abacus Bank provides personal and business banking, deposit services, safe deposit boxes, residential and commercial real estate loans, online and mobile banking, and related financial services.
Identity
Mission Brand's website · 2026-11-07
To provide financial services to immigrants and local residents, serve its communities with personal service and individual attention, and educate communities about fundamental financial knowledge and skills.
Founders & leadership Brand's website · 2026-11-07
Jill Sung, President/CEO; Thomas Sung, Founder and Chairman; Vera Sung, Director.
Website Brand's website · 2026-11-07
https://abacusbank.com
Voice & tone Brand's website · 2026-11-07
Personal, local, community-focused, service-oriented, and reassuring.
Founded Brand's website · 2026-11-07
December 1984
Headquarters Brand's website · 2026-11-07
6-8 Bowery, New York, NY 10013, United States
Offerings
Problem solved Brand's website · 2026-11-07
Provides accessible banking, lending, payment, and financial education services for individuals, families, immigrants, local residents, and businesses, with an emphasis on personal service and community support.
Core capabilities Brand's website · 2026-11-07
- Personal checking and savings accounts
- Business checking and savings accounts
- Online and mobile banking
- Residential and commercial real estate lending
- Business lending and overdraft lines of credit
- Credit and debit cards
- Merchant and payroll services
- Safe deposit boxes and wire transfer services
Products / SKUs Brand's website · 2026-11-07
- Personal checking accounts
- Personal savings accounts
- Certificates of deposit
- Individual retirement accounts
- Personal and secured credit cards
- Chip debit cards
- Business checking accounts
- Business savings and money market accounts
Audience
Target industry Brand's website · 2026-11-07
Banking and financial services
Customer base Brand's website · 2026-11-07
Individuals, families, immigrants, local residents, small businesses, and community organizations in New York, New Jersey, and Pennsylvania.
Ideal customer profile Brand's website · 2026-11-07
Individuals and small businesses seeking community-bank service, deposit accounts, digital banking, credit products, or residential and commercial real estate financing, particularly customers connected to New York-area immigrant and local communities.
Use cases Brand's website · 2026-11-07
- Managing personal checking and savings
- Managing business accounts and cash flow
- Accessing online and mobile banking
- Financing residential or commercial real estate
- Funding business working capital, equipment, improvements, expansion, or real estate
- Processing merchant credit card payments
- Paying employees through payroll services
- Making mortgage payments and managing loan servicing
Customer outcomes Brand's website · 2026-11-07
- Personalized, local banking service and individual attention
- Convenient access to accounts through online, mobile, and telephone banking
- Business cash-flow support through overdraft lines of credit and business banking tools
- Access to financing for homes, commercial properties, and business growth
- Secure payment, card, and account-management services
- Improved financial knowledge through community seminars
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Claim Abacus Bank — free →Page last updated 2026-11-07.