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Presidential Responds: Customers May Discontinue Paper Statements

Presidential Bank is providing interested customers the option to utilize internet banking exclusively to verify account activity, which includes viewing and printing monthly statements. Voluntarily choosing this option will discontinue monthly paper statements. And, as usual, internet banking continues to be FREE.

Many customers informed us they never look at paper statements and are more than satisfied getting account information through Presidential Bank’s free internet banking service. Additionally, there is good potential to reduce waste in resources, allowing Presidential to pass those savings to our customers.

FREE internet banking provides benefits far beyond paper-less statements, such as:
  • Real-time account information, for all your linked accounts such as checking, savings, money market, custodial accounts, etc.
  • 24/7 access…from anywhere in the world via internet connection
  • Transfer funds between all your registered Presidential accounts
  • Print statements for your records…anytime!
  • View and print check images
  • Download account activity to Quicken 99 or later(QIF), MS Money(OFX), Quicken Financial Exchange(QFX), and Excel(CSV)

Enjoy peace of mind because our security technology protects your online access to banking services. (If you haven't already activated your FREE internet banking, contact Customer Service at 1-800-383-6266.  Access your accounts today!)

Again, this is entirely voluntary and requires customers to notify us. Customers wishing to opt-out of monthly paper statements with continued access to FREE internet banking please see your Branch Manager or notify Customer Service below. Phone requests will not be accepted.

Notification to opt-out of monthly paper statements:

By Letter:
Presidential Bank, FSB
4520 East-West Highway
Bethesda , MD 20814 USA
Attn:  Paperless Statements

By Fax:
Attention:  Paperless Statements

By Email:

Subject:  Paperless Statements

NOTE:  Email is not secure.  Do Not include private information such as Social Security number, passwords, etc.  You may include the last four digits of your account number along with your name to verify identity.