At Exchange Bank, we believe in delivering Excellence in Every Exchange.
Our personal checking accounts are crafted with your needs in mind, offering flexibility and convenience, all backed by our commitment to exceptional service. Whether you seek simplicity or enhanced features, we have an account tailored just for you.
Take a moment to explore our account comparison table, where you can easily review and compare all of our options to discover the perfect fit. Excellence starts with choice, and we’re here to help you make the best one. Apply for your new checking account online or stop by one of our branches to open an account in person. After finding the ideal account, follow the "Apply for Checking Account" button below to begin your online application and enjoy Excellence in Every Exchange.
Exchange Premium |
Exchange Select |
|
|---|---|---|
| Monthly service charge | NA | $6.00 |
| Monthly minimum daily balance fee |
$7.95
Minimum daily balance $0 - $999.99 $5.95 Minimum daily balance $1,000 - $ 1,999.99 Waived fee Minimum daily balance $2,000+ |
NA |
| Minimum Deposit | $100 | $100 |
| Transaction limitations | None | None |
| Debit card | Yes | Yes |
| Debit card management (customized card rules, alerts, card lock feature) | Yes | Yes |
| Online and Mobile Banking | Yes | Yes |
|
Mobile Deposit
|
Yes | Yes |
|
Monthly printed statement fee
(opt for e-statements instead of printed statements to avoid this fee)
|
$3.00 | $3.00 |
|
Electronic statements
|
Yes | Yes |
| Bill Pay and Person to Person Transfers | Yes | Yes |
|
Check orders available
(The cost of checks varies based on the style of checks ordered)
|
Yes | Yes |
| Interest-bearing account |
Yes
(call for rate information)
|
NA |
TIERED MINIMUM DAILY BALANCE FEE calculated as follows: Minimum daily balance $0 - $999.99 - Minimum balance fee: $7.95; Minimum daily balance $1,000 - $ 1,999.99 - Minimum balance fee $5.95; Minimum daily balance $2,000+ - Minimum balance fee is waived; Fee waived with a minimum daily balance greater than $10,000 in any combination of checking, savings, or certificate of deposit, the minimum balance fee will be waived regardless of the balance in your Exchange Premium account. We include any account you have ownership, whether individual or joint, in calculating your total deposit relationship.
INFORMATION ON INTEREST ACCOUNTS The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account daily. Interest begins to accrue no later than the business day we receive credit for non-cash items (for example, checks). If the account is closed before interest is credited, you will not receive the accrued interest. Balance information on interest accounts: We use the daily balance method to calculate interest on the account. This method applies a daily periodic rate to the principal in the account each day. Fees may reduce earnings on interest accounts.
Looking to Add Someone to Your Account?
If you’ve opened an individual account and would like to add a joint owner, we’re here to assist. You’ll need to provide the following information on their behalf:
- Full legal name
- Last four digits of their Social Security Number
- Contact information so we can follow up with next steps
If the person you’re adding is under 18, simply stop by one of our branch locations, and our team will be happy to help you complete the process.
Banking on your schedule
Your finances are at your fingertips – transfer funds, schedule payments, deposit checks and more!