Presidential Bank | Rates & Yields

We are currently experiencing technical issues with our Customer Service Center phone system. Your call may be dropped. If so, please try again or send us an email at email@presidential.com.

Contact Us
ABA #: 255073345

- I want to.....

Rates & Yields

Rates are for today, .

Rates have been posted since Thursday, May 25, 2023, at 4:00 pm ET.

*Annual Percentage Yield. This is a variable rate, the rate may change after the account is opened. Fees could reduce earnings.

Personal Checking Accounts

Super Checking

Balance	Interest rate	APY*
Daily Balance up to $25,000	0.12%	0.12%
Daily Balance over $25,000	0.10%	0.10%

Special Checking

Balance	Interest rate	APY*
Daily Balance under $1,000	0.12%	0.12%
Daily Balance $1,000 and over	0.10%	0.10%

Checking PLUS

Balance	Interest rate	APY*
Daily Balance up to $25,000	0.12%	0.12%
Daily Balance over $25,000	0.10%	0.10%

Advantage Checking

Balance	Interest rate	APY*
Daily Balance up to $25,000	4.52%	4.62%
Daily Balance over $25,000	3.56%	3.62%

An electronic monthly deposit of $500 or more from payroll, pension, social security, or annuity is required. Each account must have a unique direct deposit source. At least seven (7) electronic withdrawals per month are required (electronic withdrawals include: ATM, POS, ACH and Bill Payments.) Accounts that do not meet the minimum deposit and withdrawal requirements will earn a lower interest rate.

After the first month the account is open, accounts that do not meet the minimum deposit and withdrawal requirements, including the monthly direct deposit requirement and the requirement for a minimum number of electronic withdrawals each month, will earn a substantially lower interest rate for the month.

Advantage Checking accounts have minimum transaction requirements to qualify for the above rates. See the Account Portfolio for details. If the transaction requirements are not met prior to month end, the rates will be as follows:

0.10%

Money Market Advantage Checking

Balance	Interest rate	APY*
Average Daily Balance for the month at least $25,000 (if the day's balance is under $250,000)	4.28%	4.37%
Daily Balance of $250,000 or more and Monthly Average Balance at least $25,000	1.49%	1.50%
Average Daily Balance for the month under $25,000	0.10%	0.10%

Money Market Checking

Balance	Interest rate	APY*
Daily Balance under $1,000	0.15%	0.15%
Daily Balance $1,000 to $9,999.99	0.25%	0.25%
Daily Balance $10,000 and over	0.30%	0.30%

Internet Checking

Balance	Interest rate	APY*
Daily Balance up to $25,000	0.12%	0.12%
Daily Balance over $25,000	0.10%	0.10%

Commercial Checking Accounts

Commercial Accounts are offered at all branch locations. Mail-in applications are available online for businesses located in MD, DC and VA.

Commercial Checking

Balance	Interest rate	APY*
Commercial Checking	0.00%	%

Commercial Money Market Advantage Checking

Balance	Interest rate	APY*
Average Daily Balance for the month at least $25,000 (if the day's balance is under $500,000)	4.28%	4.37%
Daily Balance of $500,000 or more and Monthly Average Balance at least $25,000	1.49%	1.50%
Average Daily Balance for the month under $25,000	0.10%	0.10%

Commercial Money Market

Balance	Interest rate	APY*
Daily Balance under $5,000	0.15%	0.15%
Daily Balance $5,000 and over	0.30%	0.30%

Savings Accounts

Statement Savings

Balance	Interest rate	APY*
Daily Balance under $1,000	0.15%	0.15%
Daily Balance $1,000 to $24,999.99	0.25%	0.25%
Daily Balance $25,000 and over	0.30%	0.30%

Premier Savings

Balance	Interest rate	APY*
Daily Balance up to $35,000	0.50%	0.50%
Daily Balance over $35,000	0.35%	0.35%

CDs

Balance	Interest rate	APY*
30 day ($1,000 minimum)	0.10%	0.10%
60 day ($1,000 minimum)	0.10%	0.10%
90 day ($1,000 minimum)	0.10%	0.10%
182 day ($1,000 minimum)	2.50%	2.50%
1 year ($1,000 minimum)**	4.17%	4.25%
2 years ($1,000 minimum)**	2.96%	3.00%
3 year ($1,000 minimum)**	2.81%	2.85%
5 years ($1,000 minimum)**	2.81%	2.85%

All CD rates may change at any time without prior notice. After your CD is opened, the interest rate is fixed for the term. A penalty is imposed for early withdrawal. Fees could reduce earnings.

**Also available as IRAs for personal accounts.

Money Market Plus Checking

Balance	Interest rate	APY*
NO LONGER AVAILABLE FOR NEW ACCOUNT OPENING Average Daily Balance for the month at least $100,000 (if the day's balance is under $250,000)	0.50%	0.50%
Daily Balance of $250,000 or more and Monthly Average Balance at least $100,000	0.10%	0.10%
Average Daily Balance for the month under $100,000	0.10%	0.10%

Last Modifications: 5/25/2023 9:16:09 AM

Disclaimer

*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!

FDIC EHL

Open An Account

Open An Account

Rates & Yields

Rates & Yields

Rates are for today, .

Rates have been posted since Thursday, May 25, 2023, at 4:00 pm ET.

*Annual Percentage Yield. This is a variable rate, the rate may change after the account is opened. Fees could reduce earnings.

Personal Checking Accounts

Super Checking

Special Checking

Checking PLUS

Advantage Checking

Money Market Advantage Checking

Money Market Checking

Internet Checking

Commercial Checking Accounts

Commercial Checking

Commercial Money Market Advantage Checking

Commercial Money Market

Savings Accounts

Statement Savings

Premier Savings

CDs

Money Market Plus Checking

Disclaimer

Customer Service Center

Loan Servicing Department

Account Login

Rates & Yields

Rates & Yields

Rates have been posted since Thursday, May 25, 2023, at 4:00 pm ET. *Annual Percentage Yield. This is a variable rate, the rate may change after the account is opened. Fees could reduce earnings.

Personal Checking Accounts

Super Checking

Special Checking

Checking PLUS

Advantage Checking

Money Market Advantage Checking

Money Market Checking

Internet Checking

Commercial Checking Accounts

Commercial Checking

Commercial Money Market Advantage Checking

Commercial Money Market

Savings Accounts

Statement Savings

Premier Savings

CDs

Money Market Plus Checking

Disclaimer

Customer Service Center

Loan Servicing Department

Rates have been posted since Thursday, May 25, 2023, at 4:00 pm ET.

*Annual Percentage Yield. This is a variable rate, the rate may change after the account is opened. Fees could reduce earnings.