At Abacus, your interest is the Bank's interest you can count on us. Abacus believes that a bank is only as good as its services to its customers. Banking with Abacus will give you the satisfaction of personal service and individual attention. Trading with China is more easier with the Bank's facilities.Ībacus Federal Savings Bank is a full service financial institution. The services provided by the Abacus are unique in the industry. For other inquires or issues, please call the main number 21 then followed by a 4 digits extension number, Monday through Friday, 9:00am to 5:00pm EST. Telephone banking is available in English and Mandarin. To facilitate trade, the Bank can also assist in verifying the quantity and quality of merchandise shipment pursuant to the terms of letters of credit. 24/7 Telephone Banking Services: Please call 1-88. Abacus Bank and its Chairman, Thomas Sung have provided funding to New York Chinese School for its security and in-class computer systems which are. With an effective network of consultants, the Bank can liaison, provide credit and marketing information, and identify strategic partners for U.S. Services to companies interested in trade with China include providing comprehensive business related reports of an industry or company in China. Abacus established correspondent relationships with government owned and/or ranked banks in China, Hong Kong and Taiwan to facilitate the flow of credit and funds between China and the United States.Ībacus's broad reach and access to key businesses and industries in China is wide. Allegations that Abacus Federal Savings Bank did not evaluate your situation for. If you believe any of the issues below fit your situation. Abacus Bank saw the need to establish contacts internationally to serve its customers who now include a broad segment of companies and individuals doing business with China. Fannie Mae Delinquency Management and Default Prevention. It now has 6 branches covering New York, New Jersey and Pennsylvania. Abacus Bank provides deposit services, safe deposit boxes and loans for both residential and commercial real estate properties to its communities. Besides the traditional banking services, Abacus Bank also provides life insurance and annuities to its customer through its subsidiary, Abacus Insurance Agency Corp. As the Chinese immigrant population grew, Abacus Bank has retained its original mission, but has expanded its size. The founders' purpose in starting Abacus Bank was to provide financial services to immigrants and local residents of lower Manhattan. Abacus Federal Savings Bank was founded in December, 1984 by a group of business leaders from the Chinese community in New York City.
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