Presidential Bank
Business Financing in Washington, DC
Presidential Online Bank is a division of Presidential Bank, FSB, Bethesda, Maryland. Presidential Online Bank was set up on October 6, 1995, to become the vehicle of Presidential's future growth though Internet banking. Prior to the development of the Internet, Presidential followed a strategy of limited branching, building smaller, lower cost branches, in high density locations to reduce the number of branches required. With the development of the Internet into a viable marketing channel for financial services products, this approach to branching is being carried to the next logical level.
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Presidential Bank
read moreEffective June 1, 2020, Presidential Bank is offering CardValet, a new card management and fraud mitigation tool for debit cardholders. Cardholders simply download the free app from the Apple App Store or Google Play Store, and then they can actively manage their Presidential Bank Visa debit cards. CardValet replaces Debit Card Purchase Alerts which will become inactive effective July 31, 2020. Presidential Bank reminds you that email@presidential.com is NOT a secure means of communication.
About Us
read morePresidential Bank reminds you that email@presidential.com is NOT a secure means of communication. We encourage you to maintain contact with us through our Secure Email service, located within Personal Online Banking. Help us keep YOUR personal information PRIVATE!
Trust Custody Services
read moreOur comprehensive services allow you to consolidate your investments at one location, saving the time and effort required to track investments held at several mutual fund companies and/or brokerage firms. By establishing a custody account, you can maintain a single account holding all your investments, tracking all transactions and cost basis information for tax purposes. Presidential Bank's Trust Department is a qualified custodian to hold your IRA assets. Presidential's Trust Department can act as your custodian for the assets owned by your Self-Directed IRA, processing all transactions, performing requisite recordkeeping, filing necessary reports with the IRS, issuing account statements, forwarding investor materials received in your behalf, helping you to understand the rules and regulations pertaining to certain transactions, and performing other administrative duties.
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