Presidential Bank: Savings Account & Rates

Updated: 2/21/2026

Mission: Banksparency aims to make Presidential Bank's savings account transparent and comparable to the market.

Interest rates reported as APY

Analysis of Presidential Bank

Our verdict

Presidential Bank offers Advantage Savings, a high-yield savings account paying 3.75% APY with a $5,000 minimum deposit.

At 3.75% APY, Presidential Bank pays 10x the national average (0.39%). Ranks in the top tier of 99+ accounts tracked.

Ideal User Profile

Best for: keeping checking and savings at one bank, pairing a direct deposit with a higher yield, and quick transfers with Zelle.

Important Considerations

To earn the Advantage Savings top rate, you'll need a linked checking account with Presidential Bank.

This rate requires To earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500.. Make sure your paycheck or other recurring deposits qualify.

Key Differentiators

Stands out with top-rated iOS app (4.8), in-person banking available, Zelle for instant transfers.

Savings Overview

Advantage Savings

3.75% APY

Tiered Range: 3.25% - 3.75%

Rate Adjusted

-0.25%

Since 90 days ago

Min: $5,000 Checking Bundle Direct Deposit Req. Branch Access

Min. Deposit	$5,000
Min. Balance	N/A
Maintenance Fee	$0
* Requires Direct Deposit

Rank #46 of 99 tracked.

Market Reality Check

This bank offers rates below the current top tier. The best rates we track are currently above 4.15% APY.

See Top Rates

National Avg: 0.39% (FDIC, 1/1/2026).
Banksparency tracks live rates daily.

Bank Overview

HQ LocationBethesda, Maryland
Founded1985
Ratings & Trust
4.8iOS 4.2Android Not RatedBBB Not BBB Accredited
Zelle® SupportAvailable
Native integration; Advantage Savings supports Zelle.
Deposit InsuranceFDIC Insured(Cert: 32363)

Visit Official Website

Featured Offers

Axos ONE - High Yield Savings & Checking

Over 95,000 fee-free ATMs
Get paid up to 2 days early with Direct Deposit
One convenient app for spending & saving

FDIC Insured

Savings4.21%APY

Checking0.51%APY

Go to Axos Bank

Member, FDIC

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	$0
Min. Balance in Savings Account	$0
How to qualify for APY	OPTION ADirect Deposit $1,500+ AND Maintain $1,500+ avg daily checking balance. OR OPTION BDeposit $5,000+ total/mo AND Maintain $5,000+ avg daily checking balance.
Mobile Ratings	iOS:4.7 Android:4.6

The 4.21% APY is available with the Axos ONE savings and checking bundle. The checking account earns 0.51% APY. To qualify, you must either set up a direct deposit of $1,500 and maintain an average daily balance of more than $1,500 in your ONE Checking account, or receive at least $5,000 in total monthly qualifying deposits and maintain an average daily balance of more than $5,000.

PREMIUM ACCOUNT, GENEROUS BONUS

SponsoredVerified Feb 21, 2026

FDIC Insured

CIT Bank - Platinum Savings

Competitive APY - with a balance of $5,000+
Earn up to $300 bonus with qualifying deposit
Highly rated mobile apps

FDIC Insured

Savings3.75%APY

Up to$300Bonus

Go to CIT Bank

Member, FDIC

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	$100
Min. Balance in Savings Account	$5,000
Mobile Ratings	iOS:4.8 Android:4.7

This is a tiered savings account, where the 3.75% APY requires meeting the $5,000 balance requirement. Lower balances earn an APY of 0.25%.

EASY TRANSFERS, LOW MINIMUMS

SponsoredVerified Feb 21, 2026

FDIC Insured

Quontic High Yield Savings

Apply in 3 minutes or less
No monthly service fees
Transfer with Zelle, Apple Pay, G-Pay, and more

FDIC Insured

Savings3.50%APY

Go to Quontic Bank

Member, FDIC

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	$100
Min. Balance in Savings Account	$0
Mobile Ratings	iOS:4.8 Android:4.8

Top Market Contenders

American Express

3.30% APY

vs. Presidential Bank

Barclays

3.85% APY

vs. Presidential Bank

Axos Bank

4.21% APY

vs. Presidential Bank

Popular Peer Comparisons

Ally Bank vs American Express EverBank vs SoFi Bank American Express vs Discover Bank American Express vs Capital One Ally Bank vs SoFi Bank Capital One vs SoFi Bank

Savings Account: In-Depth View

Savings Account Offered by Presidential Bank

Feature	Advantage Savings
APY	3.75%Range: 3.25% - 3.75%Verified: 2/21/2026
APY Trend	Rate Adjusted -0.25% Since 90 days ago
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

All calculations are based on APY.

Selected Product

Advantage Savings3.25% - 3.75% APY

Initial Deposit

Recurring Deposit

Frequency

Duration

Savings Breakdown

Interest Earned
+$2,273.80(11.2%)
Total Contributions
$13,000
Initial Deposit
$5,000

Projected Balance

$20,273.80

Effective APY

3.75%

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	3.75%
Trend	Falling
Slope (bps/mo)	-7.2
Rate Changes / Mo	0.25
Days Since Last Change	66
High (-12m)	4.50%
Low (-12m)	3.75%
Draw-down	-16.7%
Volatility (CV)	0.075

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 365-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	3.25% - 3.75%Verified: 2/21/2026	-
APY Trend	Rate Adjusted -0.25% Since 90 days ago	-
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 3.75% with other banks

Bank Pair	Competitor APY	Min Deposit
Presidential Bank vs Ally Bank	3.20%	$0
Presidential Bank vs American Express	3.30%	$0
Presidential Bank vs Axos Bank	4.21%	$0
Presidential Bank vs Bank of America	0.01%	$100
Presidential Bank vs Barclays	3.85%	$0
Presidential Bank vs Capital One	3.30%	$0
Presidential Bank vs Chase Bank	0.01%	$0
Presidential Bank vs Chime	3.00%	$0
Presidential Bank vs CIT Bank	3.75%	$100
Presidential Bank vs Citibank	3.20%	$0
Presidential Bank vs Discover Bank	3.30%	$0
Presidential Bank vs EverBank	3.90%	$0
Presidential Bank vs Marcus by Goldman Sachs	3.65%	$0
Presidential Bank vs Newtek Bank	4.20%	$0.01
Presidential Bank vs Openbank	4.09%	$500
Presidential Bank vs Pibank	4.60%	$0
Presidential Bank vs SoFi Bank	4.00%	$0
Presidential Bank vs Synchrony Bank	3.50%	$0
Presidential Bank vs Varo Bank	5.00%	$0
Presidential Bank vs Wealthfront	3.95%	$0
Presidential Bank vs Wells Fargo	0.05%	$25