Presidential Bank: How to Apply

Mail-In Application (pdf)

Minimum Requirements:

New Business Account Applications are currently only accepted for businesses operating in MD, DC and VA. If you are a business with active accounts at Presidential, you may also apply for new accounts using this form.
All businesses must be registered with the state in which they operate.

Articles of the organization (i.e. Articles of Incorporation, Partnership Agreement, etc.)

Company Resolution (verifying authorized signers)

EIN Verification (i.e. EIN Registration approval letter, previous year's tax filings)

Other documents may be required.

MAIL-IN APPLICANTS:

Click "Mail-In Application" above, print out and complete the new account application, and mail it in with your initial deposit.
You can enter the information online before printing the form for convenience (there is no security risk in doing this, and you can not submit this form online).

New accounts can be funded from a check drawn on the business or by transferring funds from an existing Presidential business account in the same name.

For Assistance, Call Our New Accounts Hotline
1-800-799-1424
(8 AM - 10 PM Eastern Time Monday - Friday)

IMPORTANT NOTICE ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

Federal law requires all financial institutions to obtain, verify and record required information that identifies each person who opens an account, as a part of ongoing federal anti-terrorism and anti-money laundering efforts. Therefore, when you open an account, we are required by law to obtain your name, address, date of birth, and other information that we believe will allow us to accurately identify you. We may ask to see a copy of your driver's license or other identifying documents. We may also ask for similar identifying information concerning individuals with authority or control over any account, even if it is not in their own name.

Presidential Bank reminds you that email is NOT a secure means of communication. We encourage you to maintain contact with us through by email, but please refrain from including personal information such as account numbers, Tax ID/Social Security numbers, passwords, etc. Help us keep YOUR personal information PRIVATE!