Presidential Bank: Savings Account & Rates
Mission: Banksparency aims to make Presidential Bank's savings account transparent and comparable to the market.
Savings Overview
Advantage Savings
| Min. Deposit | $5,000 |
| Min. Balance | N/A |
| Maintenance Fee | $0 |
| * Requires Direct Deposit | |
Market Reality Check
This bank offers rates below the current top tier. The best rates we track are currently above 4.25% APY.
Bank Overview
- HQ LocationBethesda, Maryland
- Founded1985
- Ratings & Trust
- Deposit InsuranceFDIC Insured(Cert: 32363)
Our Take on Presidential Bank
The Good
- Competitive 4.00% APY
- No monthly maintenance fees
- Highly rated mobile apps (iOS: 4.8, Android: 4.1)
- Access to physical branches
Considerations
- Requires opening a checking account (bundled)
- Advertised rate requires direct deposit setup
Presidential Bank offers the Advantage Savings account with a competitive 4.00% APY. To qualify for this higher rate, customers must set up a monthly direct deposit of $500 into an Advantage Checking Account, which is required to open this savings account. There are no monthly maintenance fees, and the bank provides access to highly rated mobile apps and physical branches. However, potential customers should be aware that the advertised rate is contingent upon meeting the direct deposit requirement and that the account is bundled with a checking account.
Top Market Contenders
See how Presidential Bank compares to the highest rates available.
Savings Account: In-Depth View
Savings Account Offered by Presidential Bank
| Feature | Advantage Savings |
|---|---|
APY | 4.00%Range: 3.50% - 4.00%Verified: 12/12/2025 |
APY Trend | 30 days ↘︎ 0.25% 90 days ↘︎ 0.50% |
Min. Deposit | $5,000 |
Min. Balance | N/A |
Monthly Fee | $0 |
Direct Deposit | RequiredTo earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500. |
Checking Bundle | Yes |
Branch Access | Yes |
Compounding | Monthly |
FDIC Insured | Yes |
Eligibility | United States |
| Next Steps | - |
Calculate Savings for Presidential Bank
Savings Breakdown
- Interest Earned+$2,434.70(11.9%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,434.70
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Presidential Bank Savings Rates Over Time
Historical APY Insights
Last 12 Months| Metric | Advantage Savings |
|---|---|
Latest APY | 4.00% |
Trend | Sideways |
Slope (bps/mo) | -2.4 |
Rate Changes / Mo | 0.17 |
Days Since Last Change | 21 |
High (-12m) | 4.50% |
Low (-12m) | 4.00% |
Draw-down | -11.1% |
Volatility (CV) | 0.033 |
How to read these metrics▼
Trends & Velocity
- Trend
- The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
- Slope (bps/mo)
- Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
- Rate Changes / Mo
- "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.
Risk & Range
- High/Low
- The absolute ceiling and floor of the rate during the 360-day window.
- Volatility Score
- Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
- Days Since Change
- If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.
Why track this? Understanding volatility helps you avoid "bait-and-switch" rates. A steady, rising slope is ideal; high volatility often signals a temporary teaser rate.
Compare with Presidential Bank
| Feature | Current View Presidential Bank | Empty Slot |
|---|---|---|
| Product | Advantage Savings | - |
APY | 3.50% - 4.00%Verified: 12/12/2025 | - |
APY Trend | 30 days ↘︎ 0.25% 90 days ↘︎ 0.50% | - |
| Min. Deposit | $5,000 | - |
| Monthly Fee | $0 | - |
Direct Deposit | RequiredTo earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500. | - |
Checking Bundle | Yes | - |
| Branch Access | Yes | - |
| Eligibility | United States | - |
Compounding | Monthly | - |
FDIC Insured | Yes | - |
| Next Steps | - | - |
Bank-to-Bank Comparisons
Compare Presidential Bank's APY of 4.00% with other banks
Alternatives to Presidential Bank
Banks with Higher/Similar Savings APY
For a top list of the highest savings rates, see all HYSA top rates
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