![]() In a moment that seems unintentionally revealing, he adds: "I felt that our handling of the bank was consistent with how we would have handled the bank if we were investigating a bank that serviced a South American community or the Indian community."Īt least he agreed to be interviewed, which isn't always the case in documentaries that fall so firmly on one side of a case. Was the government giving a pass to big fish and picking on a small one - perhaps with a tinge of racism in its motives? Cyrus Vance Jr, the district attorney who oversaw the case, called the accusations of cultural bias "entirely misplaced and entirely wrong". Sean Lyness/PBS DistributionĪbacus was, a title card at the end asserts, "the only US bank indicted for mortgage fraud related to the 2008 crisis". Thomas Sung, the founder of Abacus Federal Savings Bank, in the documentary Abacus: Small Enough to Jail. ![]() The bank became a community hub, but in 2012, the Manhattan district attorney's office charged it with mortgage fraud, also indicting 19 of its former employees. His crowd-pleasing new documentary, Abacus: Small Enough to Jail, doesn't aspire to the same scale as those films, but like them, it's a kind of stealth home movie: a portrait of two generations of an immigrant family in the United States.īorn in Shanghai, Thomas Sung founded the Abacus Federal Savings Bank in Chinatown in 1984, hoping to make it easier for Chinese immigrants to get loans. As you grow, we will grow with you, every step of the way.The veteran documentary director Steve James is best known for Hoop Dreams and The Interrupters, two expansive Chicago films that on the surface concerned basketball and violent crime but had much to say about the American dream and the potential for self-invention. Abacus will provide you deposit services, investment choices, insurance, credit cards and loans that best suit you and your family’s needs. We want to be your first choice for all your banking needs. You still enjoy the same benefits you do today.Ībacus Bank is bringing chip technology to you as a commitment to your security.There is no additional cost to receive a chip card.The chip card is easy to use at chip enabled POS terminals.The chip card provides increased data protection.In addition to the existing benefits of the Abacus MasterCard Debit Card, you can enjoy more benefits with this new chip technology: With your Abacus MasterCard Debit Card, you can access your money at millions of ATMs all over the world.Īnd also with Abacus MasterCard Debit Card, y ou are able to waive the monthly maintenance service charge on your Everyday Checking account by 3 debit card purchases per month. Get convenient 24-hour access to your account with easy access to thousands of ATMs. You can use your card to automatically pay many of your recurring monthly bills, like Internet access, insurance payments and utility bills. The money for your purchases is deducted from your Abacus primary checking account. Your card is honored at merchants worldwide. ![]() The Abacus MasterCard Debit Card is a convenient, fast and secure way to pay for all your everyday purchases without the hassle of writing checks. The Features and Benefits of Abacus Debit Cards
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