For Immediate Release:
LEESBURG MAYOR HELPS CELEBRATE PRESIDENTIAL BANK GRAND OPENING
Bank Inaugurates Newest Branch Opening with Local Authorities
Leesburg, VA – June19, 2006 – Presidential Bank will host a Grand Opening reception on June
22nd and June 23rd from 1 p.m. to 7 p.m. at its new Leesburg, Virginia, branch location, 21 Catoctin Circle
SE, next to the main Post Office. During the event, Mayor Kristen Umstattd of Leesburg will officiate at
a ribbon cutting ceremony at 4:00 p.m. Thursday, June 22, to mark the opening of both Presidential’s new
branch and the adjacent new Tim Tup Thai restaurant.
Free hor d’oeuvres with a Thai accent, and other refreshments will be served. Visitors may also have a chance to win up to $100 deposited into their new Presidential bank account. There will be chances to win door prizes too.
In addition to every day interest rates at the high end of bank rates nationally, the new Leesburg bank branch offers customers a free coffee bar with espresso, cappuccino and latte, as well as a free internet hot spot. As with all Presidential branches, a lobby computer is available to depositors who may need internet access for PC banking, emails or the latest news.
“As the nation’s first online bank long featuring nationally attractive deposit rates, Presidential is now pleased to give local residents the added convenience of a physical branch paying the same high rates, where high-tech banking can have a human face”, said Bruce Cleveland, president and CEO of Presidential Bank, and a local Loudoun County resident.
Based in Bethesda, Maryland, Presidential’s other Northern Virginia banking locations include Reston, Tysons Corner, McLean Village, Ballston and Rosslyn. In October 1995, Presidential became the first bank in the United States to offer deposit accounts online at www.presidential.com. Its Leesburg branch may be contacted at (703) 669-5000.
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