Edit

Forums
Finance

New Presidential FSB Premier Savings Account paying 5.25% APY Archived From: Finance

  • tweet this
  • Post to Facebook
  • Text Only
  • Search this Topic »
  • Classic
alert mods    

DeGlass said:tomtnt said:sorry for what may be a duplicate question - this thread is too damn long!

Does President Saving have an option to ACH from Bank of america? I what to transfer over 30K from BOA to the savings - what is the best way to do this? with ING, all I had to do with ACH via routing/acct#.

I don't want/need a checking account.

thanks

Billpay from BoA to Presidential usually posts in 1 business day for me.


Could you please elaborate on how you have this set up? Do you simply put your account number in the memo field and send it to Presidential Bank's address with your name?


alert mods    

clutz123 said:DeGlass said:tomtnt said:sorry for what may be a duplicate question - this thread is too damn long!

Does President Saving have an option to ACH from Bank of america? I what to transfer over 30K from BOA to the savings - what is the best way to do this? with ING, all I had to do with ACH via routing/acct#.

I don't want/need a checking account.

thanks

Billpay from BoA to Presidential usually posts in 1 business day for me.


Could you please elaborate on how you have this set up? Do you simply put your account number in the memo field and send it to Presidential Bank's address with your name?

Use Presidential Bank as the Payee, their east-west highway address as the payment address, and your savings or checking account number as the account number (NOT in the memo field).


alert mods    

what happened to their website today?


alert mods    

tomprc said:what happened to their website today?


No clue. A friend of mine says his bank website is down too.


alert mods    

Anyone else having a problem with Yodlee and Presidential website? Ever since they switched over for more security and they ask you about your favorite resturant, movie, etc... I haven't been able to get it to update properly in Yodlee, anyone else?


alert mods    

xpguy said:Anyone else having a problem with Yodlee and Presidential website? Ever since they switched over for more security and they ask you about your favorite resturant, movie, etc... I haven't been able to get it to update properly in Yodlee, anyone else?


I can tell you there is definitely a known problem with Money and Presidential (CashEdge). Probably the same issue with Yodlee. The people at Presidential were not optimistic that this would get corrected quickly. If I were a customer, I would definitely call them and "remind them" that they need to work with Microsoft and CashEdge to get this fixed.

When I called... I sounded like the "only person complaining"... when I know this is happening to everyone.


alert mods    

xpguy said:Anyone else having a problem with Yodlee and Presidential website? Ever since they switched over for more security and they ask you about your favorite resturant, movie, etc... I haven't been able to get it to update properly in Yodlee, anyone else?

Did you go back into Yodlee and make sure the answers correspond to the correct security questions? Every now and then I will get an error on Yodlee about Presidential and when I check the yodlee security questions, the answers are correct, but the questions are wrong. When I change them and update, things work.

I submitted an issue to Yodlee on this, but have not heard of a resolution yet.


alert mods    

Yes I checked the security questions and answers to make sure they were correct, but was still having problems. I got fed up, deleted presidential from yodlee, then readded it again. It is working now, I have no idea why it was having problems. So if you have problems, just delete it (make sure you know your login, pw, and pw questions before you do this) and then readd it again like a new account and it should update properly.


alert mods    

here is the way to use presidential bank.
open both premier saving account and check plus account. transfer to and from checking as needed. if you want to withdrawn big amount without fee. transfer from saving to checking and do a bill pay to your new account.


alert mods    

Yes, still having trouble with Money 2007 syncing. Works 25% of the time I'd guess. Presidential hasn't been much help on it so far.

DjPiLL said:I don't think much has changed with Presidential, so they probably still do a hard pull.

But they are still a great bank. I noticed someone had Money 2007 and had trouble syncing. Still having trouble? I have Money 2006 and it works "most" of the time. But there are periods where it won't sync properly.


alert mods    

WalStMonky said:Using the AMA account, assigning USAXX as the sweep account. Only a few dozen extra basis points but no minimum balance and checks are free. This doesn't work if you're hung up on FDIC insurance. Personally I don't think it's much of a gamble to bet on USAA being solvent for the foreseeable future. Presidential Premiere savings is slightly higher and FDIC insured, so I'm sure I'll keep that account for now, though I really don't have much use for a savings account.

What is the AMA account and USAXX? I don't see any references to such things on their website under savings or investments.

Thanks


alert mods    

Try Asset Management Account (AMA). Go to Yahoo! Quotes and try USAXX.


alert mods    

DeGlass said:clutz123 said:DeGlass said:tomtnt said:sorry for what may be a duplicate question - this thread is too damn long!

Does President Saving have an option to ACH from Bank of america? I what to transfer over 30K from BOA to the savings - what is the best way to do this? with ING, all I had to do with ACH via routing/acct#.

I don't want/need a checking account.

thanks

Billpay from BoA to Presidential usually posts in 1 business day for me.


Could you please elaborate on how you have this set up? Do you simply put your account number in the memo field and send it to Presidential Bank's address with your name?

Use Presidential Bank as the Payee, their east-west highway address as the payment address, and your savings or checking account number as the account number (NOT in the memo field).


Do I need to put the route number with the account number?


alert mods    

According to the schedule of fees, Presidential charges $3.50 for outgoing funds transfer. Does it only apply for ACH transfer initiated on their site? What if I do a pull from another bank?


alert mods    

mks004 said:According to the schedule of fees, Presidential charges $3.50 for outgoing funds transfer. Does it only apply for ACH transfer initiated on their site? What if I do a pull from another bank?
Only through their CashEdge system.


 Close

Sign Me In
Nickname: 
Password: 
Remember My Login Information:

Forget your login information?

Not Already A Member?
Sign Up Now!



Disclaimer: By providing links to other sites, FatWallet.com does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to FatWallet.com.


While FatWallet makes every effort to post correct information, offers are subject to change without notice.
Some exclusions may apply based upon merchant policies.
© 1999-2009