Exchange Bank Free Checking Review
Exchange Bank Free Checking is offered by Exchange Bank of Louisiana,
founded in 1892 and based in Natchitoches, LA.
Exchange Bank Free Checking is available in
1 state across the USA.
- $0 monthly fee. This account does not charge a monthly Service Charge.
- $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
- Access to physical branches.
- Free debit card and the option to lock/unlock the card if lost or stolen
- No charge on incoming domestic or international wire transfers.
- 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 Exchange Bank of Louisiana checking accounts 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
|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
|ATM Fee: In-Network
|Online Bill Pay Fee
Does Exchange Bank Free Checking charge overdraft fees?
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 email@example.com.
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