| Presidential Deposit Products..... | ||||||
| Deposit Banking Overview | Deposit Rates | Internet Accounts | Branch Accounts | |||
| Commercial Accounts | Deposit Account Rules & Regulations | Deposit Forms | Overdraft Lines of Credit | |||
|
Minimum to Open |
$5000 |
$100 |
|
Interest Paid |
Yes |
Yes |
|
Interest Credited |
Month-End |
Month-End |
|
ATM Privileges |
Yes |
Yes |
|
Minimum Balance to avoid Service Charge |
$0 |
$100 |
|
Checking Privileges |
No |
No |
|
Checks Returned |
N/A |
N/A |
|
IRAs |
No |
No |
Early Withdrawal Penalty |
N/A |
N/A |
|
Statement Frequency |
Monthly |
Monthly |
|
Compounding Frequency |
Monthly |
Monthly |
Transaction Limits |
Yes See note* |
None |
|
Special Features |
N/A |
Please also refer to our Schedule of Fees.
*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 30 day period; no more than three (3) can be by check or draft. If you routinely exceed these withdrawal limitations, the bank may close the account.
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1995 - 2008 Presidential Bank, FSB
last updated 05/06/2008 lmm
Member FDIC