FAQ

Are my deposits safe?
Each depositor is insured by the Federal Deposit Insurance Corporation (FDIC) for at least $250,000. Please visit the FDIC website for additional details.
Thu, Mar 12, 2020 at 3:19 PM
What is Presidential Bank's email policy?
Your email address will be used for correspondence with you regarding account and other important information. We DO NOT sell your email or other personal i...
Wed, Mar 11, 2020 at 2:54 PM
How can I setup or change my direct deposit?
To initiate or change a direct deposit to your Presidential Bank checking account, please contact your employer. For "U.S. Government Employees/Retiree...
Thu, Mar 12, 2020 at 3:24 PM
How current is the account information online?
For deposit accounts, balance information is real time. During times of maintenance, transactions to your accounts conducted today may not be reflected unti...
Wed, Mar 11, 2020 at 2:57 PM
What is Presidential Bank's check clearing policy?
Our policy is to make funds from checks available as follows: The first $200 from a deposit of checks will be available on the first business day after the...
Thu, Mar 12, 2020 at 3:22 PM
How much do checks and deposit slips cost?
The initial check package is free for Checking Plus, Internet Checking and Super Checking accounts.  Money Market Checks are free.  All orders vary based ...
Wed, Mar 11, 2020 at 3:02 PM
How long do I have to fund an account I applied for online?
Unfunded applications will be purged after 30 days.
Thu, Mar 12, 2020 at 3:17 PM
How is my interest calculated?
Interest is calculated on a daily basis, and credited to your account on the last calendar day of the month.
Thu, Mar 12, 2020 at 3:20 PM
How can I make withdrawals from a my account?
A *Cashier's Check can be issued by a Secure Email request or by a signed written request mailed to : Presidential Bank Attn: Customer Service Center 4...
Thu, Mar 12, 2020 at 3:32 PM
How can I make deposits to my account?
You can make deposits in one of the following ways:   By using our Mobile App:  Within the Mobile App you can transfer funds between your accounts at Pre...
Thu, Mar 12, 2020 at 2:13 PM