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It is simple, safe and secure. It is peace of mind. And, it is FREE!
With direct deposit, your paycheck is automatically credited to your bank account and your money is available to you right away.
Direct deposit saves you time and makes your life a little easier. Direct deposit saves you a bi-weekly trip to the bank. Your money arrives in your account, safe and ready to use, whether you're at home or halfway around the world.
With no actual paper check to get lost or stolen, you can have piece of mind that your paycheck is as safe as can be. In fact, government reports show that, for example, no social security payment has ever been lost using direct deposit. With the electronic trail that direct deposit leaves, payments are easier to track than paper checks.
*APY = Annual Percentage Yield Presidential Bank reminds you that email@presidential.com is NOT a secure means of communication. Please refrain from including personal information such as account numbers, Tax ID/Social Security numbers, passwords, etc. We encourage you to maintain contact with us through our Secure Email service, located within Personal Online Banking. Help us keep YOUR personal information PRIVATE!