PRESIDENTIAL

Presidential was founded by the founder of GIT Investment Funds (now called Madison Funds) of Arlington, Virginia, a group of stock, bond, international and money market mutual funds, which had its origins in 1975. Today Presidential remains a privately held, entrepreneurial organization. Since inception, Presidential has maintained sound capitalization, never failing to meet regulatory capital minimums, even as the local banking industry in the Washington, DC area experienced significant difficulties and many failures during the late 1980's, early 1990's and during the financial crisis of 2008... On October 6, 1995, Presidential® became the first bank in the United States to offer its bank accounts over the Internet. Beginning in 1997, Presidential was one of the earliest banks to offer online account statements and then real time PC banking services, such as current balance look-up capability and transfers between accounts. Our unique online archive of historical account statements..

Also known as: Presidential Bank, Presidential Bank Company

Primary location: Bethesda United States