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Media Rankings
see our Customer Comments
Presidential Bank is proud of our high rankings by the financial press. To see other articles and press releases about Presidential, visit our NEWS page.
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Presidential Bank received the Bankrate.com® Top Tier award for consistently offering annual percentage yields (APYs) that were among the highest reported in 100 Highest Yields® for 4th quarter 2008. The Bankrate.com® Top Tier award is presented quarterly to those institutions that have achieved a “top 3” ranking in any of the deposit products that are tracked for the 100 Highest Yields newsletter database. The Bankrate.com® Top Tier award assists individual consumers in identifying those institutions that consistently offer high-yields on their FDIC-insured deposit products.
| Premier Savings Ranks #1 Wall Street Journal... |
Presidential's Premier Savings account was ranked first by the Wall Street Journal in a listing of “best deals available” on savings accounts.
In the October 20, 2005, Wall Street Journal article headlined “Online Banking Drives Up Rates, Benefiting Depositors”, Presidential Bank's Premier Savings account was ranked number 1 in the Savings Account section of the chart listing “some of the best deals available now.”
CBSMarketWatch.com rates Presidential Bank's Internet Checking Plus Account No. 1
In the January 12, 2004 article in CBSMarketWatch.com, " Presidential Online Bank now ranks No. 1 in Bankrate's national survey of interest-bearing checking accounts, offering 2.75 percent on deposits up to (not over) $25,000. The company paid just below 6 percent when it introduced its Internet account in 1995."
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Bankrate.com Fall '03 Checking Study Features Presidential Bank's Internet Checking Plus Account
Bankrate.com says "Several of the Internet banks surveyed pay 1.50 percent, but Presidential Bank blows them all away with 2.75 percent on its Internet Checking Plus account. It requires $1,500 to open and you must maintain a $1,000 balance to avoid the monthly service fee."
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Bankrate.com Rates Presidential Bank The Best Checking
Account Available
Bankrate.com rated the 20 best checking accounts in the country for their Checking 2001 Special Report, and Presidential Bank's Internet Checking Plus account was rated #1. In addition, Presidential's Internet Checking account claimed the 4th spot.
Presidential®
Appears in Time Magazine
In the October 16 issue of Time Magazine, Presidential Online Bank's 6% checking account was rated tops in online net checking. The column states, "Thanks to lower overhead costs...they (online banks) offer better rates, lower minimum balances and rock-bottom service fees."
CNNfn Says "Bigger Isn't Always Better"
In
October, 2000, Presidential was named the best checking deal in the US by Bankrate.com
and CNNfn.com, in an article on the CNN financial network's website titled "Bigger
Isn't Always Better". Rated in areas such as fees, interest rate and
minimum balance, our Internet Checking Plus account came out on top of over
1,215 checking accounts at over 353 institutions.
In March, 2000, Presidential was named to the Bankrate.com's Top 20 list of
Best Overall
Checking
Deals from their newly released 2000 Checking survey. This survey
can be found on Bankrate's site at http://www.bankrate.com/brm/news/chk/20overallbest.asp.
Washington Consumers' Checkbook magazine has rated us higher than any other bank or savings and loan in the Washington, D.C., area for "Reasonableness of Fee Policies", based upon an extensive survey of bank customers. See for yourself, by checking our low Schedules of Fees. In addition, in the Spring/Summer 2000 edition we received Checkbook's top rating for Customer Service.
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last updated 02/25/2010 lmm
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