SuperMoney
  Exchange Bank Free Checking
Exchange Bank Free Checking Unaffiliated

Exchange Bank Free Checking

Unaffiliated
Not enough votes for recommendation

Not enough votes for recommendation

Explore a similar product
Try this top product in Checking Accounts.
U.S. Bank Smartly™ Checking
U.S. Bank Smartly™ Checking 10 reviews
Highlights
Cashback Rewards N/A
APY (Annual Percentage Yield) N/A
Monthly Fee $0
Minimum Balance to Avoid Monthly Fee N/A

Exchange Bank Free Checking Review

Exchange Bank Free Checking is offered by Exchange Bank of Louisiana, a bank founded in 1892 and based in Natchitoches, LA. Exchange Bank Free Checking are available in 1 state across the USA.

Key Takeaways

  • $0 monthly fee. This account does not charge any monthly account fees.
  • $100 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit or have no minimum.
  • Bill pay. Pay your bills to practically anyone in the United States through Exchange Bank of Louisiana.

Exchange Bank Free Checking Pros & Cons

Pros Cons
  • Access to physical branches.
  • Free debit card and the option to lock/unlock the card if lost or stolen
  • Direct Deposit required to avoid the monthly fee.
  • E-statements required to avoid the monthly fee.
  • No signup bonus.
  • Does not earn interest.
  • Does not provide access to a nationwide ATM network.
  • Only available in one state.

Exchange Bank Free Checking FAQ

Are checking accounts from Exchange Bank of Louisiana federally insured?

Yes, your deposits are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #10528). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does Exchange Bank Free Checking offer?

Exchange Bank Free Checking is not an interest bearing account.

What are the account minimums for Exchange Bank Free Checking?

Exchange Bank Free Checking requires a minimum initial deposit of $100 to open an account.

Exchange Bank Free Checking Minimums
Description
Minimum Opening Deposit Starting at $100

What fees does Exchange Bank Free Checking charge?

The good news is that this account does not have a monthly Service Charge.

Exchange Bank Free Checking Fees
Description
Monthly Fee $0
ATM Fee: In-Network $0
Online Bill Pay Fee $0

What features and perks does Exchange Bank Free Checking offer?

This account includes the following features:

  • Check images with statement - Reconciling your accounts and complying with document retention standards is easier when you have access to a copy of your checks.
  • Fraud monitoring - Exchange Bank Free Checking monitors transactions for potentially unauthorized activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
  • Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - Exchange Bank Free Checking allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.

What is the customer support email for Exchange Bank Free Checking?

The customer support email for Exchange Bank Free Checking is loans@exchange-bank.com.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From Exchange Bank Free Checking

Exchange Bank is a lot more than just another bank and we can give you more reasons to consider changing banks than any other bank. Exchange offers FREE Checking and, if you qualify, Overdraft Privilege to prevent returned checks. Plus, there's FREE Online Banking and Mobile Banking, FREE Telephone Banking, VISA Debit Card®, convenient, 24-Hour ATM banking, and a host of other terrific services. Exchange Bank has a variety of checking accounts to choose from to suit your personal needs.

Contact

Hours of Operation

  • Sunday Closed
  • Monday 9:00am - 5:00pm
  • Tuesday 9:00am - 5:00pm
  • Wednesday 9:00am - 5:00pm
  • Thursday 9:00am - 5:00pm
  • Friday 9:00am - 5:00pm
  • Saturday Closed

Other Services by Exchange Bank of Louisiana

Icon for Checking Accounts
View all checking accounts offered by Exchange Bank of Louisiana

Availability

  Available in 1 state
Georgia
Availabile in all of Georgia

Feature Breakdown

Minimum Opening Deposit Starting at $100
Monthly Fee $0
ATM Fee: In-Network $0
Online Bill Pay Fee $0
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of Identity
  • Government Issued Photo ID
  • Social Security Number
Account Features
  • Free Bill Pay
  • Mobile Check Deposit
  • No Monthly Maintenance Fee
  • Check Images with Statement
  • Mobile Banking
  • Fraud Monitoring
  • Debit Card Lock/Unlock
  • Fraud Protection
  • Debit Card
  • Bauer Financial A+/A Rating
  • Branch Access
  • Member FDIC
  • Check Writing

Be the first to rate

 

Would you recommend Exchange Bank Free Checking to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
(will require moderator approval)

Other Checking Accounts

Exchange Bank of Louisiana Checking Accounts

Loading...