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  • Advantage Checking - Earn up to 2.25% APY*

    Advantage Checking - Earn up to 2.25% APY*

    Smart. Convenient. Modern.
    Digital banking with exceptional earnings, plus the convenience of occasional paper check writing, if needed. Only $500 to open. Click now for complete terms and to open your account online.

    *Annual Percentage Yield.

    Learn More

  • Home Equity Lines of Credit - from $10,000 to $500,000

    Home Equity Lines of Credit - from $10,000 to $500,000

    You pay absolutely nothing to establish your Presidential Home Equity Line. No closing costs -- no application fee -- no appraisal fee -- no points. This can save you hundreds of dollars!

    Learn More

  • One-Year CD 1.00% APY*

    One-Year CD 1.00% APY*

    We offer our Certificate of Deposits to both our Commercial and Personal Accounts. Available as an IRA for personal accounts.  Minimum to open $1,000.00.  Interest credited on the last day of the month.
    *APY = Annual Percentage Yield

    Learn More


Who We Are

Presidential Bank, FSB, was organized in 1985. Our assets exceed $500 million. Our main office is located in Bethesda, Maryland. We have branches throughout the metro DC area.

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News & Announcements

Presidential Bank Introduces CardValet

6.1.2020

Effective June 1, 2020, Presidential Bank is offering CardValet®, a new card management and fraud mitigation tool for debit cardholders. Cardholders simply download the free app from the Apple® App Store or Google® Play Store, and then they can actively manage their Presidential Bank Visa® debit cards. CardValet® replaces Debit Card Purchase Alerts which will become inactive effective July 31, 2020.

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SBA PPP Forgivable Loans

5.26.2020

Presidential Bank is now offering the new SBA forgivable PPP loans.

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Update: Important Health, Safety and Customer Service Update

3.25.2020

As the coronavirus [COVID-19] situation continues to evolve, we are committed to keeping you up to date. Protecting our customers and their finances, as well as our employees, remains a top priority at Presidential Bank. Our branches continue to remain open for business, but our convenient online and digital banking services are available 24/7 for customers who are sheltering in place or prefer to avoid person-to-person contact. 
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Coronavirus: Important Health, Safety and Customer Service Update

3.17.2020

Protecting our customers and their finances, as well as our employees, is a top priority at Presidential Bank during the evolving coronavirus [COVID-19] situation.  Our branches continue to remain open for business as usual, but we encourage customers to use our convenient online and digital banking services, avoiding person-to-person contact, if they prefer.  
  Read More

New Online Banking Password Requirements

7.16.2019

Effective August 5, 2019, for increased security, our Online Banking password rules will be changing to require the following characteristics:

  • Must be between 8 and 32 characters
  • Must contain at least 1 letter
  • Must contain at least 1 number
  • Must contain at least 1 of the following special character(s):   ! @ # $ % ^ & * _ + - = ( ) [ ] { } | : ; , . / ?

Please contact our Customer Service Center at 1-800-383-6266 if you have any questions. Read More

Key Deposit Rates

2.25% APY*

Advantage Checking

Fully digital but with the convenience of occasional paper check writing, if needed. No monthly service charge if you maintain a $500 minimum balance. $500 minimum to open. Free Online Banking services include BillPayer, Standard External Funds Transfer, Mobile Banking and Mobile Remote Deposit Capture. First order of checks is free for new accounts. Advantage Checking pays a 2.25% APY* on balances up to $25,000, 1.25% APY on balances in excess of $25,000.

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 rate as disclosed on the Rate Schedule. Deposit and withdrawal requirements are waived for the first month the account opened or converted to Advantage Checking. The statement posting date will be used to determine the number of monthly transactions.

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

 

1.25% APY*

Money Market Advantage Checking

Minimum to Open: $100,000.00
Available to personal and commercial customers. Money Market Advantage Checking accounts have an average daily balance requirement of $100,000.00 to earn the highest rate. Accounts that do not meet this balance requirement will earn a lower rate as disclosed on the Rate Schedule.

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

Last Modifications: 12/11/2018 11:57:14 AM