Presidential Bank Checking and Savings now at 4.0% and 4.12% APY
I knew Presidential Bank would step it up. I have the majority of my cash at there, and kept it there even in the wake of Emigrant Direct’s recent 4.0% APY interest rate. Presidential Bank’s Internet Checking Plus Account [review] now pays 4.0% APY interest. And its Premier Savings Account [review] now pays 4.12% APY. Of course, both these accounts have additional restrictions that Emigrant Direct does not have like minimum balances, but it also offers more features like check-writing and online bill paying. It works great for me, but is definitely not the best fit for everyone. Check out my Online Bank Comparison page for some side-by-side stats.
