Presidential Bank vs. Santander Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: October 21, 2025
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Summary of Presidential Bank vs. Santander Bank
Key Metrics at a Glance
| Feature | Presidential Bank | Santander Bank |
|---|---|---|
| Top Savings APY | 4.50% Advantage Savings | 0.01% Santander Savings |
| Minimum to Open | $5,000 | $25 |
| Minimum Balance for Top APY | N/A | $0 |
Presidential Bank
Strengths
- Presidential Bank offers a competitive APY of 4.50% for its Advantage Savings account.
- Presidential Bank has a strong BBB rating of A-.
- Presidential Bank has 10 branches located in Maryland, Virginia, and Washington D.C.
Potential Drawbacks
- To earn the higher APY, a monthly direct deposit of $500 is required.
- Presidential Bank's mobile app has a lower Google Play rating of 4.2.
Santander Bank
Strengths
- Santander Bank has a low minimum deposit requirement of $25 for its Santander Savings account.
- Santander Bank's App Store rating is 4.8, matching Presidential Bank.
Potential Drawbacks
- Santander Bank offers a significantly lower APY of 0.01%.
- Santander Bank has a maintenance fee of $1 for its savings account.
- Santander Bank is not rated by the BBB.
→ As of October 21, 2025 Presidential Bank offers an APY of 4.50% for its Advantage Savings account, with a minimum balance of N/A, compared to Santander Bank's 0.01% APY for its Santander Savings account, with a minimum balance of $0.
→ Presidential Bank yields $449 more than Santander Bank on a $10,000 balance after one year. Presidential Bank pays $450, while Santander Bank pays $1 - an APY advantage for Presidential Bank.
Calculate Savings Growth for Presidential Bank vs Santander Bank
Presidential Bank - Advantage Savings
Total savings breakdown:
- Interest earned: $2,760.1 (13.30%)
- Total contributions: $13,000 (62.62%)
- Initial deposit: $5,000 (24.08%)
Your total balance
$20,760.10
Total balance: $20,760.1
Earnings: $2,760.1
Bank OverviewSantander Bank - Santander Savings
Total savings breakdown:
- Interest earned: $5.7 (0.03%)
- Total contributions: $13,000 (72.20%)
- Initial deposit: $5,000 (27.77%)
Your total balance
$18,005.70
Total balance: $18,005.7
Earnings: $5.7
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Presidential Bank's total earnings would be $2,754.4 higher than Santander Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Presidential Bank's vs Santander Bank's Savings Accounts
| Presidential Bank | Santander Bank | ||
|---|---|---|---|
| Product | Advantage Savings | vs | Santander Savings |
| APY | 4.00% - 4.50% (as of 10/21/2025) | 0.01% (as of 10/21/2025) | |
| Bundled Account | Yes | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | No | No | |
| Compound Frequency | Monthly | Daily | |
| Minimum Deposit | $5,000 | $25 | |
| Minimum Balance for APY | N/A | $0 | |
| Maintenance Fee | $0 | $1 | |
| Direct Deposit Required | Yes. To earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500. | No | |
| App Store Rating | 4.8/5 | 4.8/5 | |
| Google Play Rating | 4.2/5 | 4.1/5 | |
| BBB Rating | A- | Not Rated |
Comparative Historical APY Insights (Last 9 Months)
| Presidential Bank | Santander Bank | ||
|---|---|---|---|
| Product | Advantage Savings | vs | Santander Savings |
| Latest APY | 4.50 % | 0.01 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | 0.0 | -0.1 | |
| Rate Changes / Mo | 0.00 | 0.11 | |
| Days Since Last Change | 272 | 32 | |
| High (-9 m) | 4.50 % | 0.03 % | |
| Low (-9 m) | 4.50 % | 0.01 % | |
| Draw-down from High | 0.0 % | -66.7 % | |
| Volatility (CV) | 0.000 | 0.232 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 9 months (regression slope).
- Slope (bps/mo)
- Average monthly change; 10 bps = 0.10 pp.
- Rate Changes / Mo
- Typical number of APY moves per month.
- Days Since Last Change
- Recency of the latest APY adjustment.
- High (-9 m)
- Highest APY in the last 273 days.
- Low (-9 m)
- Lowest APY in the last 273 days.
- Draw-down from High
- How far today sits below the 9-month peak.
- Volatility (CV)
- Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
- See how quickly a bank reacts to Fed moves or competition.
- Gauge “twitchiness” - frequent moves can annoy savers.
- Spot if you're buying near a peak (draw-down) or riding a rise.
- Slope (bps/mo) shows speed of change.
- Volatility (CV) scales jumps by average level.