37th Annual VIRGINIA FILM FESTIVAL Oct 30-Nov 3, 2024

37th Annual VIRGINIA FILM FESTIVAL October 30-November 3, 2024

Abacus: Small Enough to Jail

Abacus Image FINAL Play Button

Acclaimed director Steve James (Hoop Dreams, The Interrupters, Life Itself) follows the story of the Sung family, Chinese immigrants and owners of a small bank at the heart of New York City’s Chinatown. When the Manhattan District Attorney accuses Abacus Federal Savings Bank of mortgage fraud, it becomes the only U.S. bank to face criminal charges after the 2008 financial crisis. Since its creation, founder Thomas Sung has shaped Abacus into the cornerstone of Chinatown, catering to the immigrant community by helping residents buy homes and start businesses. When the case goes to trial, the Sung family has no choice but to defend itself and its bank’s legacy in a legal battle that lasts five years. Discussion with executive producer Gordon Quinn, moderated by Stephen Horan (CFA Institute)

Presented by CFA Institute


Sunday, November 12


1:45 PM


Downtown Mall : Vinegar Hill Theatre

Film Info

Director: Steve James

Runtime: 88 min.

Genre: Documentaries

Year: 2017

Country: USA

Featuring: Thomas Sung, Jill Sung, Vera Sung, Neil Barofsky, Matt Taibbi, Jianyang Fan, David Lindorff.