Presidential Bank offers a wide variety of personal deposit accounts. They offer seven checking accounts, two savings accounts, and a variety of CDs. Each account has requirements to open the account and to earn interest. Find the one that works best for you.

The Presidential Bank Checkless Checking account and the Money Market Plus Checking account offer competitive interest rates. Most of the CDs also offer competitive interest rates. The rates are competitive with other online accounts. They are much higher than other brick and mortar bank rates.

Presidential Bank offers a variety of business accounts. Those accounts include checking, savings, and money market accounts, and CDs. They also offer a variety of lending options for businesses. Those include real estate lending, equipment lending, and working capital lines of credit.

Most Presidential Bank accounts have low opening required amounts. Most checking accounts require either $100 or $500 to open. One savings account only requires $100 to open. All the CD terms require $1,000 to open. Some accounts do have higher required amounts.

The Checkless Checking account has the most competitive rates. You must meet account requirements to earn the most competitive interest rates. Those requirements include having a direct deposit into the account each month. You must also make a set amount of electronic withdrawals per month. Other requirements may apply.

The Presidential Bank Money Market Plus Checking account offers competitive interest rates. To earn the most competitive rate requires a high balance. That account must have $100,000 to open and earn interest. The interest rates are considerably lower if your account balance falls below $100,000.

Not all Presidential Bank accounts can open online. Some accounts require opening in a branch location. Those accounts include checking accounts. Most other Presidential Bank accounts can be opened online.

Checking, savings, and money market accounts with Presidential Bank all have monthly fees. Those fees range from $2 to $5 a month, depending on the account. Waive those fees each month by keeping your account balance above a certain amount. The amount changes based on the accounts.

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The interest rates for Rising Bank accounts are competitive. The rates are competitive with other online accounts. They are much higher than typical bank rates. The rates are not tiered. Any amount above the required opening amount earns competitive interest rates.

The Rising Bank high yield savings account and the regular CDs have low opening amounts. The regular CDs are available in one, two, and three-year CDs. These CDs and the savings account each only requires $1,000 to open.

There are no monthly fees on the high yield savings account. This account is free. To earn interest, you must keep $1,000 in the account. The CDs only have a fee if you withdraw money before the CD reaches maturity.

Rising Bank offers two Rising CDs. These come in 18-month and 36-month terms. Each of these CDs requires $25,000 to open. During the CD term if interest rates increase you can increase the rate on your CD. The 18-month CD allows for one rate increase; the 36-month allows two rate increases. When you increase the rate of the CD, you can also deposit more money into the CD.

Rising Bank has limited types of accounts available. They offer a high yield savings account and CDs. The CD terms range from one year to three-year terms. There are not a wide variety of term lengths available through Rising Bank. They offer regular CDs, one jumbo CD, and two Rising CDs. Rising Bank does not offer a money market account or checking accounts. No business accounts are currently available.

The Rising CDs and the jumbo CD have high opening amounts. The Rising CD terms each require $25,000 to open. The jumbo CD has one term length, and it requires $100,000 to open the account. You must keep these amounts in the CDs to earn interest.

The interest rates for the Rising Bank high yield savings account are not fixed. Rising Bank may change the rate you earn on your account at any time. The bank does not have to notify you if the rates change. Interest credits to your account every month for the savings account and every three months for CDs. If you close your accounts before interest credits, you will not receive the earned interest.

Rising Bank offers limited ways to contact customer service. Reach a representative through phone, mail, or email. They are open Monday through Friday. The Rising Bank website says their customer service representatives offer personalized help. The ways to contact someone are limited though.

Read the full Rising Bank review.