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.

Read the full Presidential Bank review.

SmartyPig accounts do not have monthly maintenance fees. There is not a required amount to keep in the account. The first initial deposit to open the account is $25.

This savings account offers tiered interest rates. This means the more money you have in the account, the more interest you will earn. The interest rates do not vary much between tiers. The difference from a low amount to the higher amount is around 0.05%.

With this SmartyPig account, you can set up different savings goals. The savings accounts can be long-term, like saving for a college education. They can also be short term, like saving for a mountain bike or birthday party. You can transfer money from your SmartyPig primary account to different savings goals.

The best way to save money is to set up direct withdrawals. You set up when you want the money to come out of your account and how much to withdraw. Then, SmartyPig does the rest. Once the money is deposited into your account, you can transfer it into different savings goal. The withdrawals can be set up to occur monthly or biweekly.

SmartyPig has only one account offered: a high yield savings account. They do not offer checking accounts, CDs, money market accounts, or business accounts. The interest rate on this savings account is considerably higher than other banks savings accounts.

The website says you can withdraw money anytime, but federal regulation only allows six withdrawals per billing cycle. This includes transfers between your SmartyPig primary account and your different savings goals. The transfer or withdrawal will not take place if you have made more than six in a billing cycle. If you repeatedly try to make more than six, your account will be closed. Once you reach your goal, you cannot withdraw part of your money back to your external funding source. You must withdraw it all, or transfer the money between other savings goals.

This account is not meant for high account balances. There is a maximum account balance of $250,000. If your account has $250,000, you will earn interest on the money in the account, but you cannot add to the account.

Each SmartyPig account is only allowed to have one external funding source set up for it. That means you can only have one bank account connected to each SmartyPig account. You can change your external funding source if you want, but never have more than one.

Read the full SmartyPig review.