MutualOne Bank vs. Presidential Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | MutualOne BankMo Premium Savings Jan 7, 2026 | Presidential BankAdvantage Savings Jan 7, 2026 |
|---|---|---|
| APY | 4.07% | 3.25% - 3.75% |
Est. Earnings | $5,000+$0 $10,000+$0 $25,000+$1,018 | $5,000+$188 $10,000+$375 $25,000+$938 |
Min Deposit | $20,000 | $5,000 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredHigh MinimumGreat iOS AppGreat Android AppIn-Person AccessZelle® Supported | FDIC InsuredMod. MinimumGreat iOS AppGreat Android AppIn-Person AccessZelle® SupportedDirect Deposit ReqChecking Bundle |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.21% APY.
Comparison Analysis
Comparing MutualOne Bank vs. Presidential Bank
As of MutualOne Bank offers an APY of 4.07% for its Mo Premium Savings account, with a minimum balance of $20,000, compared to Presidential Bank's 3.75% APY for its Advantage Savings account, with a minimum balance of N/A.
MutualOne Bank pays $32 more than Presidential Bank on a $10,000 balance after one year. MutualOne Bank pays $407, while Presidential Bank pays $375 - an APY advantage for MutualOne Bank.
In addition, MutualOne Bank also offers 0.40% APY for the Online Savings account, with a minimum balance of 0.
Why MutualOne Bank?
- ✓Higher potential APY (4.07% vs 3.75%) on all balances
- ✓No checking account or direct deposit required
Why Presidential Bank?
No distinct advantages found vs MutualOne Bank.
— Key Feature Differences —
Better Returns at $10,000
Presidential BankPresidential Bank's Advantage Savings earns more on smaller deposits (approx. $375 vs $0/yr).
Better Returns at $25,000
MutualOne BankMutualOne Bank's Mo Premium Savings pulls ahead with larger amounts (approx. $1018 vs $938/yr).
Best for Simplicity
MutualOne BankMutualOne Bank's Mo Premium Savings offers 4.07% APY with no bundling, direct deposit requirement or caps.
Best for All-in-One Banking
Presidential BankPresidential Bank's Advantage Savings pays a superior APY for customers who also open a checking account.
Best Mobile App Experience
MutualOne BankMutualOne Bank offers an iOS app rated 4.9 (vs. 4.8) and Android app rated 4.4 (vs. 4.2)
Shared Benefits
Over a 1-year period, MutualOne Bank's Mo Premium Savings pays $32 more interest on a $10,000 balance than Presidential Bank's Advantage Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
MutualOne Bank offers a competitive Mo Premium Savings account with a top APY of 4.07%, making it the standout option compared to Presidential Bank's Advantage Savings, which provides a lower APY of 3.75%. The Mo Premium Savings account has no direct deposit requirement, while the Advantage Savings requires a monthly direct deposit of $500 into an Advantage Checking Account to earn the higher rate. MutualOne's account also features no maintenance fees and is available with a minimum deposit of $20,000, while Presidential's requires a minimum deposit of $5,000. For those seeking simplicity and higher returns, MutualOne Bank is the preferred choice.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
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Top Market Contenders
MutualOne Bank vs. Presidential Bank Savings Calculator
You earn $64 more with MutualOne Bank than Presidential Bank on a $20,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
MutualOne Bank
Mo Premium Savings
Savings Breakdown
- Interest Earned+$814.00(3.9%)
- Total Contributions$0
- Initial Deposit$20,000
Projected Balance
$20,814.00
Presidential Bank
Advantage Savings
Savings Breakdown
- Interest Earned+$750.00(3.6%)
- Total Contributions$0
- Initial Deposit$20,000
Projected Balance
$20,750.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | MutualOne Bank | Presidential Bank |
|---|---|---|
| APY | 4.07% Verified: 1/7/2026 Stable (90d) | 3.75% Range: 3.25% - 3.75% Verified: 1/7/2026 ↘︎ 0.75%90d Change |
| Product Name | Mo Premium Savings | Advantage Savings |
| Minimum Deposit | $20,000 | $5,000 |
| Min. Balance for APY | $20,000 | N/A |
| Monthly Fee | $0 | $0 |
| Branch Access | Yes | Yes |
| Account Type | Online & Branches | Online & Branches |
| Direct Deposit Req. | None | RequiredTo earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500. |
| Checking Bundle | No | Yes |
| Mobile Apps | iOS4.9 Android4.4 | iOS4.8 Android4.2 |
| Zelle® Support | Available Verified via website and app descriptions. | Available Native integration; Advantage Savings supports Zelle. |
| BBB Rating | A+ | A- |
| Next Steps | Visit SiteVerify at MutualOne Bank Non-sponsored link to official site | Visit SiteVerify at Presidential Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | MutualOne Bank | Presidential Bank | |
|---|---|---|---|
| Online Savings | Mo Premium Savings | Advantage Savings | |
Current APY | 0.40% | 4.07% | 3.75% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | 0.0 | -0.0 | -25.9 |
Days Since Change | 114 | 114 | 21 |
4-Month High | 0.40% | 4.07% | 4.50% |
4-Month Low | 0.40% | 4.07% | 3.75% |
Adjustments / Mo | 0.00 | 0.00 | 0.77 |
Volatility Score | 0.000 | 0.000 | 0.071 |
How to read these metrics(Click to expand)
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