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Presidential Bank Awarded Technology Patent

Bruce Cleveland, President & CEO, and Curt Johnson, Vice President & CIO, were awarded a patent by the United States Patent and Trademark Office for their work on behalf of Presidential Bank.

Their invention is a method, apparatus, and computer program for storing and retrieving historical account statements for online display. Historical account statements are stored and made available for retrieval online by using a text version of an organization's statements stored for periodic printing and mailing of statements. The statement displayed for online viewing appears as a duplicate, in all material respects, of the printed and mailed statements.

This invention was awarded Patent 7,383.212 on June 3, 2008, after an application and review process starting February 22, 2000. To view details of the patent, visit www.uspto.gov and search for Patent 7,383,212.