DAILY MORTGAGE LISTINGS NOW INCLUDE FHA and VA LOANS

February 21, 1996. Presidential's daily mortgage rate listing page has now been expanded to include FHA and VA mortgage programs, as well as a comprehensive list of conventional loan programs.
A total of 50 different home mortgage rate quotations are now updated each business day at about 1:30 PM. Check out our Mortgage Rate Listings for the latest rates and terms.

AUTOMATED VOICE RESPONSE SYSTEM UPDATE

February 15, 1996. The Presidenial Automated Voice Response System is now operational! Please try it by calling 301-718-3033 or 800-317-6980.
February 14, 1996. We have not made the new automated voice response system available to be public yet, because we're still having some technical problems with it. The system should be fully operational within the next few days. Please bear with us. Thanks.
February 12, 1996. Presidential has announced its new automated voice response system. This system will be reachable by dialing either of the following telephone numbers:

301-718-3033
800-317-6980

PLEASE NOTE: In a recent "statement stuffer", two digits of the local number were inadvertently transposed. The correct number appears above.

The automated voice response system is expected to be operational sometime today. (Until the system is operational, a recording will answer with the message that the system is not yet operational.)
The new free service enables you to check account balances, plus your last five deposits and last five withdrawals, together with Presidential's current deposit account and CD interest rates. Simply by using a regular Touch-Tone telephone and a PIN, you can receive this information quickly via computer generated voice without the need to talk to a bank employee.
To use this system for the first time, simply call one of the above telephone numbers, and you will be asked to enter the last four digits of the primary accountholder's social security number. You will then be prompted to choose your own confidential personal identification number (PIN) for all future account access. Each account is limited to one PIN, regardless of the number of accountholders.

PRESIDENTIAL NOW HAS JOB OPENINGS POSTED ONLINE

February 7, 1996. Presidential is looking for talented computer specialists, mortgage loan officers and branch banking personnel. If you or anyone you know might be interested in working for a dynamic, expanding organization like Presidential, take a look at our new Job Openings page. Regular job listings will appear under the "About Presidential" page, as well as at the bottom of the Home Page.

DAILY HOME MORTGAGE RATE TABLE EXPANDED

Presidential Savings Bank has been providing daily mortgage rate quotations on its Internet site. Each day's rates are normally updated at about 1:30 PM.
On February 1, 1996, this table was significantly expanded. Daily quotes are now provided for over 20 different mortgage programs.
Daily quotes will be added for FHA and VA loans within a few days. If you are shopping for a home mortgage, check as often as you like to track changes in the mortgage market.
Click here to see for yourself on our Mortgage Rate Listings page!

PRESIDENTIAL'S ONLINE ACCOUNT APPLICATIONS ARE NOW ENCRYPTED

February 1, 1996. Customers who have Netscape Navigator software may now submit online account applications to Presidential using automatic data encryption. This secure data transmission link will protect the confidentiality of sensitive customer information, such as social security numbers.
An unsecure online application form, which requests only limited information, is now also provided for customers who use software other than Netscape.
Click here to see for yourself on Deposit Account Application Forms!

PRESIDENTIAL ANSWERS RANCHER'S PLEA TO KEEP THE LIGHTS ON AT MOUNT RUSHMORE

"This might start a whole new system of government funding."
Bethesda, MD, January 2, 1996. The combined efforts of a Maryland banker and a South Dakota rancher are keeping the floodlights on at Mount Rushmore while the government is shut down.

Bruce Cleveland, principal stockholder of Presidential Savings Bank of Bethesda, Maryland, has agreed to pay the monument's electric bill for as long as funding is frozen. Cleveland responded to recent news reports that Art Oakes, a South Dakota rancher, had paid out of his own pocket to keep Mount Rushmore's lights on during Christmas.
After learning that the government planned to turn off Mount Rushmore's lights during the shutdown, Oakes stated that he did not want to see one of the country's most familiar symbols "taken hostage", so he paid one week's bill and invited others to pitch in.
"There are probably many federal services that private parties could provide at modest cost", Cleveland said. "In our case, we simply didn't want to see the lights go out on our logo". Presidential Savings has used the four stone faces of Mount Rushmore as its corporate logo since the bank was founded in 1985.

Cleveland sent a check today to Mount Rushmore National Memorial superintendent Dan Wenk. The cost to cover the electricity for January was just $600, and Cleveland promises to make monthly payments until the government is ready to take over again. "This is a modest amount to maintain such an important symbol," says Cleveland . "I think that many in the private sector would be willing to support government services that are important to them. If Washington doesn't solve its problems soon, this might start a whole new system of government funding."

Presidential Savings invites those with other ideas for private sector support of government services to contact Presidential by e-mail on the Internet at http://www.presidential.com. If sufficient interest develops, Presidential is willing to act as a clearinghouse for others who want to help maintain important services.

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Presidential Bank reminds you that email is NOT a secure means of communication. We encourage you to maintain contact with us through this medium, but please refrain from including personal information such as account numbers, Tax ID/Social Security numbers, passwords, etc. Help us keep YOUR personal information PRIVATE!

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