Presidential Online Bank services have been offered in the United States since 1995. Presidential Online Bank represents the first online banking services created in the United States. Presidential Online Bank is a division of Presidential Bank located in Bethesda, Maryland. Each Presidential Online checking and savings account is protected by the FDIC.
In 2008, Presidential Online Bank was recognized by Bankrate.com as providing the highest yields on its banking accounts. Presidential Online Bank consistently offers high yields on all of its bank accounts. Presidential Online Bank has been mentioned in many well-established publications such as The Wall Street Journal, CBS Market Watch, Time Magazine and other publications.
All Presidential Online Bank services are designed for individuals and businesses that enjoy the backing of a traditional bank, but enjoy the convenience of online banking. Individuals and businesses that open a checking or savings account can access each of their archived bank account statements since 1997.
Presidential Online Bank offers a wide range of checking and savings account options. For individuals and business owners that need the flexibility of transferring money to and from one bank account to another, Presidential Online Bank offers funds transfer banking services. Once a checking or savings account is opened, account holders will have the ability to use the funds transfer option to move their money between Presidential Online Bank accounts and other financial institutions.
Individuals can choose from a variety of banking services and checking options, including a Checking PLUS, Internet Checking, Super Checking, Special Checking and Regular Checking. Individuals can also open Premiere Savings, Statement Savings and Money Market Savings accounts as well.
Individuals who need to apply for a home mortgage can apply for a home mortgage from the convenience of their own home. Presidential Online Bank services offer home mortgage loans as well as many commercial loans as well. Individuals that would like to apply for a home mortgage can apply for a fixed rate or adjustable rate. Presidential Online Bank also offers refinance loans, no down payment and low down payment options as well. Individuals enjoy using all of Presidential Online Bank's banking services.
Business owners can enjoy the flexibility of opening and managing a Presidential Online Banking commercial account as well. Business owners that demand flexibility rely on Presidential Online Bank's online banking services each and every day.
For individuals and business owners that are interested in banking with a reputable online bank, Presidential Online Bank has the reputation as being a leader in online banking. For further information on Presidential Online Bank, consumers and business owners can visit Presidential Online Bank's website for further information on its banking services.