Presidential Bank: Internet Account Information

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

Internet Accounts
These features are exclusive to internet accounts.

	Internet Checking PLUS	Internet Checking	Premier Savings	Internet Statement Savings	Internet Money Market	CD's
Minimum to Open	$1500	$500	$5000	$100	$1000	$1000
Interest Paid	Yes	Yes	Yes	Yes	Yes	Yes
Interest Credited	Month-End	Month-End	Month-End	Month-End	Month-End	Month-End see note ¹
ATM Privileges	Yes	Yes	Yes	Yes	Yes	No
Point of Sale Purchases	Yes	Yes	No	No	Yes	No
Min. Balance to avoid Service Charge	$1000	$500	$0	$100	$500	N/A
Checking Privileges	Yes	Yes	No	No	Yes	No
Checks Images Returned	Yes	Yes	N/A	N/A	Yes	N/A
Deposit Images	Yes	Yes	Yes	Yes	Yes	No
IRAs	No	No	No	No	No	No
Early Withdrawal Penalty	N/A	N/A	N/A	N/A	N/A	Yes see note ²
Statement Frequency	Monthly	Monthly	Monthly	Monthly	Monthly	None, except maturity notice
Compounding Frequency	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly see note ³
Transaction Limits	None	None	Yes see note ⁴	Yes see note ⁴	Yes see note ⁴	No withdrawal of principal or additional deposits during term
Special Features see note ⁶	Your first 25 checks FREE! see note ⁵	Your first 25 checks FREE!	Email Deposit Receipt Notification	None	FREE Check Supply	Automatically renews at maturity if not withdrawn

Overdraft protection is available on personal checking accounts. Please also refer to our Schedule of Fees.

Explanation of Features: These accounts are available only if opened online and an e-mail address is provided. No charge at Presidential^® ATMs or by Presidential^® for use of other ATMs. However, many banks and service bureaus 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 maturities

² Internet 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 CD interest can be withdrawn at any time after it is credited.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 acually 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 Monthly, for maturities of one year or more, otherwise interest is paid at maturity.

⁴ 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.

⁵ Checking PLUS accounts require an electronic monthly deposit of $200 or more from payroll, annuity or pension. Your first 25 checks FREE!

⁶ Email Deposit Receipt Notifications are sent to all internet products except for CD's.