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* An additional annual special handling fee of $100.00 applies to each asset held in custody that is not Depository Trust Company eligible or a mutual fund or a government security eligible to be held at the Federal Reserve.
All of the foregoing fees are charged to the respective Trust Custody Account annually in a lump sum during the month following the anniversary of the account opening.
If more than one of the foregoing fees could apply to a given Trust Custody Account, the highest applicable fee will apply.
Additional fees may apply for special services.
Rates effective: June 28, 2013
Presidential Bank’s Trust Department is a qualified custodian to hold your IRA assets. Presidential’s Trust Department acts as your IRA trustee and provides custody of the assets owned by the IRA, processes all transactions, performs requisite recordkeeping, files necessary reports with the IRS, issues account statements, forwards investor materials received in your behalf, and may help you to understand the rules and regulations pertaining to certain transactions and perform other administrative duties. Our Trust Department staff is trained and experienced and ready to help you get started. Call, today and get started, 301-951-5082.
*APY = Annual Percentage Yield
Presidential Bank reminds you that firstname.lastname@example.org 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!
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