Presidential Announces all Core Business Systems are Year 2000 Compliant

2/1/1999
Presidential Savings Bank has announced that all of its systems necessary for deposit services, electronic banking, lending, accounting and internal networks have been tested and demonstrated to be Year 2000 compliant.  We have also developed and tested manual backup procedures so that we can continue to provide basic functions even in the event our own or external systems fail for Year 2000 reasons.

This success reflects the results of planning begun in 1997 and many months of analytical and testing effort from our people in all functional areas of the bank. See our Y2K page.

See our Year 2000 Readiness Disclosure Notice.