Your CD is set up to automatically renew at the current rate and same term. You will receive a reminder notice one month before maturity that will outline your options. You can view your certificate information online at any time. (Maturity notices are not mailed for 30 day CD’s.) You may also opt to receive a CD Email Maturity notice for CDs greater than 30 day terms. In order to do so, please contact Presidential's Customer Service Center at 800-383-6266, send a secure email within Personal Online Banking or mail us a written request and include an email address where you would like to receive notice.
Presidential requires a written request to close your CD. Please visit a branch or mail your requests to include specific mailing or wire instructions and your signature. Please mail your request to:
Presidential Bank
Attn: Customer Service Center
4520 East-West Highway
Bethesda, MD 20814
Closeouts may also be submitted via Secure Email within Personal Online Banking. Checks will be made payable to the account holder(s) and mailed to the address of record.