Presidential Bank offers high quality, full service trust custodianship for a low annual fee with no minimum assets required.

Our comprehensive services allow you to consolidate your investments at one location, saving the time and effort required to track  investments held at several mutual fund companies and/or brokerage  firms.  By establishing a custody account, you can maintain a single account holding all your investments, tracking all transactions and cost  basis information for tax purposes.

Our custody capabilities include:

• Comprehensive Reporting Itemized transactions and a complete list of all investments held in your custody account are provided in a detailed monthly statement.  Specialized reports are available upon request.

• Online Account Access Presidential Trust Custody Customers can access their custody accounts online for up-to-date balance and valuation information. Download the online account access User Guide below.

• Record-Keeping Records are automatically maintained showing all details of purchase, sale and other security transactions, including acquisition date and  cost of the security.  These records itemize all account receipts and disbursements, with amounts and sources or payees.

• Income Collection and Disbursement Dividend and interest payments are automatically deposited to your custody account on the payment date.  You can select the reinvestment option for any portion of your income.  You can also set up automatic recurring cash distributions from your custody account.

• Corporate Actions You will be informed in a timely manner of any publicly announced calls, conversions, stock rights offerings, stock splits, mergers and  tender offers, to allow you time to make a decision.

• Asset Security Presidential Bank has full responsibility for safeguarding all the investments that are held in your account.  The assets held in a Trust Custody Account are segregated from the Bank’s assets and cannot be  accessed to settle any claims against the Bank.

• Securities Trading You can purchase and sell your investments by notifying us either by telephone or through your online account access.  All trades will be  directed to the broker of your choice, if you wish, or otherwise the  trade order will be directed to low cost institutional trading partners  that have been vetted and approved by Presidential Bank.  Domestic and international securities trades are performed as an accommodation to our  customers at our cost, and we do not add any commission to execute securities trades on your behalf.

• Cash Management Cash that is in your account awaiting your investment decision can be invested on a daily basis in a money market instrument of your choice or  the High Yield Trust Money Market investment account.

• Third Party Mail and ACH Deposits You can instruct third parties to mail checks for immediate credit to your trust account, subject to collection.  Third parties can send checks directly to Presidential's post office box or by electronic funds transfer.  This process will provide more timely credits to your account than if you first receive and aggregate cash receipts for deposit, resulting in quicker investment of your funds.

• Payable-Through Drafts Payable-through draft processing can be established for payments from your account.  This payment process is used to maintain control over payments by check, after the check is issued.  Payments by payable-through draft will remain subject to your approval before the  payment will be cleared.

The Trust Department at Presidential Bank is a qualified custodian to hold your IRA assets. The Presidential Trust Department can act as your custodian for the assets owned by your Self-Directed IRA, processing all transactions, performing requisite recordkeeping, filing necessary reports with the IRS, issuing account statements, forwarding investor materials received on your behalf, helping you to understand the rules and regulations pertaining to certain transactions, and performing other administrative duties. Our Trust Department staff is trained, experienced and ready to help you establish your flexible asset IRA. Call today and get started (703) 528-7994.