Personal banking accounts.
> Open An Account
Commercial banking accounts.
For assistance, call our New Accounts Hotline at 800-799-1424 (8 AM - 10 PM Eastern Time Monday - Friday)
Click "Apply online now" below to complete the secure, new account application.
By choosing "ACH", when completing the new account application, Presidential will electronically debit funds from another bank account in your name at any other bank, anywhere in the United States, to make your initial deposit. The debit account must allow electronic debits and must be a checking or savings account.
New Account funding via ACH is FREE. Begin earning interest the same day your account is opened. ACH deposits received by 12:00 noon ET on a business day are credited on the same day. Use ACH to start earning interest FASTER!
Online applicants may also elect to mail in their initial deposit with the signature card printed out after the online application is submitted. However, no interest is earned until the initial deposit is received.
New accounts can also be funded from a current Presidential account.
Accounts may also be opened by mail. Simply click "Apply via mail" below, print out and complete the new account application, and mail it in with your initial deposit.
New accounts may also be funded from a current Presidential account.
You can enter the information online before printing the form for convenience (there is no security risk in doing this, and you cannot submit this form online).
(8 AM - 10 PM Eastern Time Monday - Friday)
Section 326 requires Financial Institutions to verify the identity of account holders to prevent the use of the U.S. banking system in terrorist and other illegal activity.
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.
In some cases, identification for existing customers may be requested so the bank can ensure that it knows the true identity of our customers.
*APY = Annual Percentage Yield Presidential Bank reminds you that email@presidential.com is NOT a secure means of communication. Please refrain from including personal information such as account numbers, Tax ID/Social Security numbers, passwords, etc. We encourage you to maintain contact with us through our Secure Email service, located within Personal Online Banking. Help us keep YOUR personal information PRIVATE!