Presidential Banks' Premier Savings Account Receives Top Tier Award for Second and Third Quarters 2006

Presidential Bank has received the® Top Tier Award for consistently offering savings account annual percentage yields that were among the highest reported in 100 Highest Yields® for the 2nd and 3rd quarters of 2006.

The® Top Tier award is a new form of recognition that will be presented quarterly to those institutions that have achieved a “top 3” ranking in any of the deposit products that are tracked for the 100 Highest Yields newsletter.

The® Top Tier award assists individual consumers in identifying institutions that consistently offer high-yields on their FDIC-insured deposit products from other high-yielding deposit products. Being able to determine which institutions consistently offer high-yields is critical to consumers so that they can easily determine whether they are likely to need to move funds due to dropping yields.