Presidential Bank: Internet Account Information

Presidential Deposit Products....
Deposit Banking Overview	Deposit Rates	Personal Accounts	FAQs
Commercial Accounts	Deposit Account Rules & Regulations	Deposit Forms	Overdraft Lines of Credit

Personal Accounts

	Checking PLUS	Internet Checking	Super Checking	Special Checking	Regular Checking	Premier Savings	Statement Savings	Money Market	CD's
Availability	Branch & Internet	Internet Only	Branch Only	Branch Only	Branch & Internet	Branch & Internet	Branch & Internet	Branch & Internet	Branch & Internet IRAs are Branch Only
Minimum to Open	$1500	$500	$500	$500	$100	$5000	$100	$1000	$1000
Interest Paid	Yes	Yes	Yes	Yes	No	Yes	Yes	Yes	Yes
Interest Credited	Month-End	Month-End	Month-End	Month-End	N/A	Month-End	Month-End	Month-End	Month-End see note ¹
ATM Privileges	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	No
Point of Sale Purchases	Yes	Yes	Yes	Yes	Yes	No	No	Yes	No
Min. Balance to avoid Service Charge	$1000	$500	$500	$500	$100	$0	$100	$500	N/A
Checking Privileges	Yes	Yes	Yes	Yes	Yes	No	No	Yes	No
Checks Images Returned	Yes	Yes	Yes	Yes	Yes	N/A	N/A	Yes	N/A
Deposit Images	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	No
IRAs	No	No	No	No	No	No	No	No	Yes, Branch Only see note³
Early Withdrawal Penalty	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	Yes see note ²
Statement Frequency	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	None, except maturity notice
Compounding Frequency	Monthly	Monthly	Monthly	Monthly	N/A	Monthly	Monthly	Monthly	Monthly see note ⁴
Transaction Limits	None	None	None	None	None	Yes see note ⁵	Yes see note ⁵	Yes see note ⁵	No withdrawal of principal or additional deposits during term
Special Features see note ⁷	Your first 25 checks FREE! see note ⁶	Your first 25 checks FREE!	see note ⁶	N/A	N/A	Email Deposit Receipt Notification	None	FREE Check Supply	Automatically renews at maturity if not withdrawn

Overdraft protection is available on personal checking accounts. Also available is our Automatic Overdraft Transfer service enabling funds transfers between your checking and/or savings accounts when one is overdrawn. Please refer to our Schedule of Fees.

Explanation of Features: Accounts opened online require an e-mail address. No charge at Presidential^® ATMs or by Presidential^® for use of other ATMs. However, many banks and service bureaus may charge non-customers for ATM use. An initial supply of 25 checks is provided free for Internet Checking and Checking Plus accounts only.

Notes:
¹ Monthly, on last day of month, for Certificate of Deposit (CD) maturities of one year or more; at maturity for shorter terms.

² CD's longer than 30 days have a seven calendar day grace period, beginning on the day of maturity, to withdraw /deposit funds without penalty. 30 day CD's have a grace period of 1 day to withdraw/deposit funds without penalty. CD interest can be withdrawn at any time after it is credited. Withdrawal of CD principal before maturity will be assessed a penalty equal to the amount of interest that would be earned during the number of penalty months shown below at the CD interest rate, on the CD principal amount that is withdrawn before maturity (whether or not such interest has actually been earned).

CD Maturity	Penalty
30 to 60 days	30 days
90 to 182 days	3 months
1 year	6 months
2 years	12 months
5 years	24 months

³ Types of IRA's offered: Certificates of deposits with 1-Year, 2-Year and 5-Year maturities. All other CD terms and conditions apply.

Tax Consequences of Withdrawals: Federal income tax will normally be payable on amounts withdrawn from an IRA account. Withdrawals before age 59 1/2 may also be subject to an additional penalty tax. Consult you tax adviser before withdrawing money from an IRA.

Penalty for Early Withdrawal: Yes; early withdrawal penalty equals the amount of interest that would be earned during the number of penalty months shown below at the CD interest rate, on the CD principal amount that is withdrawn before maturity (whether or not such interest has actually been earned).

⁴ Monthly, for maturities of one year or more, otherwise interest is paid at maturity.

⁵ Banking Regulations limit the number of pre-authorized transfers, telephone funds transfers or internet transfers to your other accounts or third party transactions to six (6) each statement cycle; no more than three (3) can be by check, draft, or debit card. If you routinely exceed these withdrawal limitations, the bank may close the account.

⁶ Checking PLUS and Super Checking accounts require an electronic monthly deposit of $200 or more from payroll, annuity or pension.

⁷ Email Deposit Receipt Notifications are sent to all internet products except for CD's.