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Chairman Thomas Sung’s Message
Abacus Bank will NEVER request through email, text, or unsolicited phone call your bank card number, account number, Social Security number, Personal Identification number (PIN) or password.
Abacus Bank In Your Community
We are proud to serve the needs of our customers and our community!
Abacus Bank maintains a long standing tradition of providing financial services to our communities, combined with exceptional personal customer service, since 1984. Personal service is our guiding principle, from providing products that meet and exceed individual customer needs, to doing the “little things” that make your experience with Abacus a special one.
Financial Education for Our Community
An important part of the Abacus Bank mission is educating its communities about fundamental financial knowledge and skills. Every year, Abacus Bank conducts several free seminars in the communities its Branches serve to help people understand the banking system and how banking can support and strengthen people’s quality of life and business growth.
6/15/2018 On behalf of Abacus Bank, the Chairman Thomas Sung, President and CEO Jill Sung and Board of Director Vera Sung have made a donation of $5,000 in support of New York Chinese School located in Chinatown. The money will allow the school to improve the multimedia teaching tools and ultimately benefit all the students.
6/15/2018 Abacus CEO Jill Sung attented the graduation ceremony of Elite Prep Academy as a guest speaker. Her speech not only encouraged the students to overcome difficulties bravely, but also inspired the whole community to fight against injustice.
6/10/2018 Abacus Bank Chairman Thomas Sung, his wife Mrs. Sung, Abacus Board of Director Vera Sung, CEO/President Jill Sung, and Chanterelle Sung have attended the discussion Panel after "Abacus: Small Enough to Jail" screening hosted by Peking University Alumni Association of Greater New York (PKUAAGNY), and NanKai University Alumni Association of Great New York, co-organized by 8 other university alumni associations.
6/8/2018 Abacus team attended Brooklyn Chinese-American Association 30th Anniversary Celebration.
5/24/2018 Abacus team attended CPC Queens Nan Shan Senior Center 2018 Fund Raising Dinner Event.
4/4/2018 Abacus President/CEO Jill Sung and Abacus team attended the Fundraising Dinner Event organized by Fu Generation Foundation.
4/3/2018 Abacus team has successfully held an education seminar about Elder Financial Exploitation and Identity Theft in CPC Nan Shan Senior Center located in Flushing - one of the most vulnerable areas of the Chinese-American population. If you know of any organization that works with teenagers or the elderly in our community, and would be interested in having Abacus Bank conduct a seminar for its members, please contact Boya Li at firstname.lastname@example.org.
3/30/2018 Abacus team has attended the CAREA USA 25th Annual Banquet and also received an appreciation plaque.
3/9/2018 Vera and Jill Sung, and the Abacus team joined Homecrest Community Service in celebrating the accomplishments of community leaders, NYPD Retired Detective Agnes Chan, Professor Peter Kwong and DuSanka MiScevic, and Po Wing Hong Food Market. They were also honored to meet distinguished professor and trailblazing activist, Betty Lee Sung. Homecrest is a longstanding organization serving Brooklyn Chinese-American seniors for over 20 years. Under the leadership of community leader, Don Lee, Homecrest has continued to carry on its long-standing tradition of serving one of the most vulnerable areas of the Chinese-American population. Congratulations to all of the honorees and Homecrest!
3/9/2018 Abacus team attended The 42nd Anniversary Chinese New Year Banquet and Fund Raising Event of Myanmar Chinese Association of New York.
3/8/2018 Abacus Bank's CFO, Ms. Maria Rueda, was a panelist on the Corporate Accounting Panel for Baruch College Zicklin School of Business. The event was organized by Zicklin Graduate Beta Alpha Psi--the International Honor Organization for Financial Information Students and Professionals. After the Panel, students networked with financial professionals. This is the 3rd year Ms. Rueda has participated in this event - "It was a great experience to meet the students and discuss career paths with them!" Ms. Rueda said.
2/25/2018 Abacus Bank President/CEO Jill Sung together with the Abacus team attended The 2018 Chinese New Year dinner celebration hosted by Hoy Sun Ning Yung Benevolent Association.
2/25/2018 Abacus team attended the "Taste of China" event hosted by CGCC Foundation. In the event, everyone enjoyed traditional dim sum and Chinese tea and also shared some of the most popular Chinese New Year traditions that are celebrated around the world.
Photo by Ben @CGCC
2/23/2018 Abacus team attended The New York Shao Xing Associations Chinese New Year Celebration. On behalf of the President and CEO Jill Sung, the "Abacus:Small Enough to Jail" movie DVD was presented to Mr. Jack Chen - the President of Shao Xing Association.
Photo by Shao Xing Assn and Kevin@SingtaoUSA
2/21/2018 Abacus Bank President/CEO Jill Sung together with the Abacus team attended Chinese Merchants Association's 2018 Chinese New Year Gala.
Photo by Paul Chan @ Chinese Merchants ASSN
2/10/2018 Abacus team attended Sang Kiang Charitable Association Chinese New Year Celebration and Children's Scholarship Distribution Ceremony.
2/4/2018 Abacus team attended the event hosted by Guangdong American Association.
1/25/2018 About 100 Abacus employees attended the bank annual party to celebrate Abacus 34 years birthday as well as the year of 2018.
1/19/2018 Abacus President and CEO Jill Sung, along with William Hwang, VP of Community Relations and Boya Li, Marketing Manager, and Jay Xue, Regional Branch Manager visited Queens Nan Shan Senior Citizen Center. Director Michael Wang introduced their programs and everyday activities of their seniors.
1/17/2018 NY Ningbo Association Visit - William Hwang Retiring with Satisfaction.
Abacus President and CEO Jill Sung, along with William Hwang, VP of Community Relations and Boya Li, Marketing Manager, visited New York Ningbo Association.
A lot of community associations leaders attended the meeting to congratulate William Hwang’s retirement at NY Ningbo Association Office, including: NY Ningbo Association President San Yan Wong with his Wife, Fu Generation Foundation President David Fu, San Kiang Association President Kai Wu, Lt. B. R. Kimlau Chinese Memorial Post 1291 The American Legion Dept. of New York Commander Kenneth Wong, Myanmar Chinese Association of New York President William Su, Chinatown B.I.D. Executive Director Wellington Z. Chen. Chinese Poets Association of New York Chairman S.W. Sang, American Shao Xing Association President Jack Chen, the Voice of Chinese President Kenny Chan, CPA Tien Wang, the Chinese Chamber of Commerce of N.Y. President Harvard Tang with his wife, N.Y. Chinese School Principal Nora Wang, U.S. Ningbo Merchants Association Wellman Wu, USA Zhe Jiang Chamber of commerce and Industry Inc. Hon. President Tian Ji Li and other attendees.
When been asked about Abacus received 5-star rating from Bauer Financials, Jill said "It's been very satisfying, and most importantly, it shows that we are strong to help this community. That where we want to be, it's to be strong to be able to reinvest and put our all of our resources back into this community to make this community as well strong ".
1/3/2018 Abacus President and CEO Jill Sung visited Guangdong American Association. In the meeting, Jill shared that the bank's goal is to seek community relationships where our impact would be greatest given our small size and limited resources. Gong Yee, David Li, Changyim Hui, as well as other members talked about their programs for the community.
10/14/2017 Abacus bank has successfully sponsored MassMutual 2017 Wealth Expo on Saturday 10/14/2017 in Flushing NY. Our Loan Officer Keith Yeung introduced our diverse loan programs. For news coverage regarding this 2017 Wealth Expo, please click here.
10/12/2017 Abacus bank, partnership with AARP Pennsylvania and Chinese American Women's Sisterhood Society of Phiadelphia had successfully held a Fraud Watch Financial Education for Chinese speaking seniors in Phiadelphia.
8/27/2017 In order to promote the Chinese culture, sponsored by Abacus Bank, the 1st Annual Carnival Lion Dancing Extravagant will be held in Leif Ericson Park Brooklyn on 9/10/2017. State Senator Martin J. Golden office and NY Lotus Light Association will organize this event. Mr. William Hwang, the V.P. of Abacus Bank gave a congratulatory speech in the press conference held on 8/27/2017. Senator Martin J. Golden, Mr. David Li – Executive Director of NY Lotus Light Association, and Mr. Gong Yee – Board Chairman of Taishan Association Inc. also attended the conference . Please click here for details.
8/1/2017 Abacus Bank CEO Jill Sung, along with William Hwang, VP of Community Relations, Boya Li, Marketing Manager and Jay Xue, Regional Branch Manager, held Summer Youth Financial Workshop for 37 students from the summer school camp of Boon Church in Flushing NY. The workshop focused on saving money and earning interest. If you know of an organization that works with teenagers or the elderly, and would be interested in having Abacus Bank conduct a seminar for its members, please contact Boya Li at email@example.com.
6/3/2017 Abacus Bank CEO Jill Sung, along with William Hwang, VP of Community Relations and Boya Li, Marketing Manager, held financial literacy seminars for 52 students from the New York Chinese School in Chinatown, NYC. The seminars focused on saving money, earning interest, and what banks look at when lending money. This is the first in a series of financial literacy seminars focusing on teenagers and the elderly that Abacus Bank is planning to conduct this year throughout its community. If you know of an organization that works with teenagers or the elderly, and would be interested in having Abacus Bank conduct a seminar for its members, please contact Boya Li at firstname.lastname@example.org. For more information regarding this seminar and news coverage, please click here.
5/8/2017 Abacus Bank and Philadelphia Ong Leong Chinese Merchant's Association have jointly held a Mortgage seminar at Philadelphia An Long Chinese Merchant Association. Please click here for details.
3/11/2017 Abacus Bank CEO & President Jill Sung together with 9 Abacus employees have joined the 15 Year Anniversary Celebration for Sino-American Business Association, Corp.
3/4/2017 At Taiwan Center in Flushing, Abacus Bank has successfully held a financial seminar in Taiwan Center, Flushing. Abacus Bank V.P. William Hwang, Annie Fu--Honor President of Sino-American Business Assn, Jimmy Fu-President of Sino-American Business Assn, William Kam TSE-Honorary President of Wen Chow Assn Inc., and CPA Tien Wang have shared with attendees useful information regarding loans and filing tax returns. Abacus Loan Specialists Terry Cheung and C Jay Zhang also talked about the First Time Home Buyer Program. Please click here for details.
2/8/2017 Meeting at Manhattan Chinatown, Abacus Bank V.P. William Hwang with David Fu--Chairman of Fu Generation Foundation, David Li-- Esq, NY Lotus Light Association President, Gong Yee--President of Wuyi American Association and Artists from China to discuss Brooklyn Community financial education, art exhibition and business development.
1/31/2017 During 2017 Chinese Lunar New Year Greetings Visits, Abacus Bank V.P. William Hwang met and discussed with community leaders CCBA President Jerry Shiao, Lin Sing Association Senior Advisor Eddie Chiu, Fu Jian Association Chairman Xue Shun Chen, Vice Chairman Keith Cheng, and San Kiang Charitable Association Chairman Zhou Ding Wei regarding the cooperation of future community development activities to benefit new immigrants and community businesses.
1/20/2017 Talking about our community prosperity, William Hwang, Vice President of our Abacus Bank met with Peter Koo, NYC Councilman and Gary Hu, President of Flushing Chinese Business Association(FCBA) on FCBA annual event held on 1/20/2017.
1/21/2017 At San Kiang Charitable Association Chinese New Year Event on 1/21/2017, William Hwang, the Vice President of our Abacus Federal Savins Bank, met with William Woo, Councilman of Borough of Englewood Cliffs, discussing about the future business development in New Jersey Community. Pictures show the V.P of Abacus Bank: William Hwang with the Councilman: William Woo; The Chairman of Sang Kiang Charitable Association: Kai Wu; The Chairman of Myanmar Chinese Association of NY: William Su; The Chairman of NY Ningbo Association: Sanyan Wong; The Chairman of Fu Generation Foundation: David Fu, and other community leaders.
12/15/2016 Abacus Bank had successfully held a financial seminar in NYC with NY Ningbo Association. Numvers of business association leaders and business owners attended this seminar. Please click here for details.
9/12/2017 Abacus Bank and Chang Le American Association, Inc. held a free Mortgage seminar in Chinatown. Please click here for details.
8/1/2016 Abacus Bank provided a financial seminar in our PA branch and Hansen Financial Services was invited to address lending services and requirements to our community.
7/1/2016 Abacus Bank gave an introduction of Bank's mortgage and banking products to a Business Forum organized by Taishan Association at Brooklyn Park Asia Restaurant.
6/6/2016 Abacus Bank provided a financial seminar to students as part of the Summer Port of Entry Program Orientation at Queensborough Community College.