Presidential Bank offers multiple checking accounts, all of which charge a $5 monthly service fee if the minimum balance requirement isn’t maintained.
The Regular Checking account is the bank’s basic checking account. It requires $100 to open, and account holders must maintain the balance to avoid the monthly fee. This account doesn’t pay interest, but it does come with unlimited check-writing privileges. A Visa debit card or ATM card is also available. Presidential Bank offers a few checking accounts that do pay interest, so be sure to compare options on the bank’s website. The interest-bearing accounts require a more sizable minimum balance.
Presidential Bank has a few owned-and-operated ATMs, but it’s also part of multiple ATM networks, giving customers surcharge- and fee-free access to more than 88,000 machines nationwide.
The Regular Checking account requires only $100 to open and to waive the monthly fee.
There are a few interest-bearing account options available.
Customers have free access to more than 88,000 ATMs nationwide.