Perhaps inspired by Greenspan’s parting rate hike, the rate on the Presidential Internet Checking Plus (review) account has been raised to 4.25% APY and their Presidential Premier Savings (review) account is now at 4.37% APY. I consider my Prez account as my main checking due to their good rate (for a checking account) and flexibility, but their savings account has a $5,000 minimum. I was hoping they’d raise rates higher, especially on the savings end, but this is about what I expected.
Presidential Bank Raises Rates to 4.25% and 4.37% APY
January 31, 2006 By 5 Comments