Abacus Federal Savings Bank is a Local Chinese bank in the United States. This privately-held community bank was first established in December 1984 by a group of local Chinese business leaders, with the principle organizer being an attorney. Despite its name, the bank is not a federal savings bank.

For businesses and individual customers in China, the bank has easy procedures to open depository accounts. The bank can issue debit or credit cards to facilitate purchases. To facilitate trading, Abacus can provide credit information about U.S. companies. For Chinese companies that are interested in expanding to the US, the bank can provide marketing and investment information. The bank is the bridge to the U.S. for Chinese businesses and individuals.