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Exchange Bank Now Checking

in Checking Accounts from Exchange Bank of Louisiana · Member fdic

Unaffiliated

Exchange Bank Now Checking

Unaffiliated

in Checking Accounts from Exchange Bank of Louisiana · Member FDIC

Not enough votes for recommendation

Highlights
Monthly Fee	$10
ATM Fee: Out-of-Network	N/A
Minimum Balance to Avoid Monthly Fee	$1,000
APY (Annual Percentage Yield)	N/A

Exchange Bank Now Checking Review

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

Key Takeaways

Charges a monthly fee. This account charges a monthly maintenance fee of $10, but the fee is waived if you keep a minimum balance of $1,000.
$1,000 minimum deposit. This account requires a higher minimum initial deposit than most of the checking accounts we track.
No minimum initial deposit. There is no minimum balance required to open an account.
Free bill pay. Pay your bills to practically anyone in the United States through Exchange Bank of Louisiana.
Hard credit pull. Exchange Bank of Louisiana may require a hard pull on your credit report to open a checking account.

Exchange Bank Now Checking Pros & Cons

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.	No signup bonus. Does not earn interest. Does not provide access to a nationwide ATM network. Only available in one state. Monthly service charge.

Exchange Bank Now 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 Now Checking offer?

Exchange Bank of Louisiana does not provide interest rate information until you apply for a new account.

What are the account minimums for Exchange Bank Now Checking?

Exchange Bank Now Checking requires a minimum initial deposit of $1,000 to open an account.

Exchange Bank Now Checking Account Minimums
Description	Amount
Minimum Initial Deposit	$1000
Minimum Balance to Avoid Monthly Fee	$1,000

What fees does Exchange Bank Now Checking charge?

This account charges a monthly maintenance fee of $10.

Exchange Bank Now Checking Fees
Description
Monthly Fee	$10
Paper Statement Fee	N/A
ATM Fee: In-Network	$0
ATM Fee: Out-of-Network	N/A
NSF Fee	N/A
Overdraft Protection Fee (per transfer)	N/A
Overdraft Item Fee	N/A
Early Account Closure	N/A
Returned Deposit Fee (Domestic)	N/A
Debit Card Replacement Fee	N/A
Bank Teller Fee	N/A
Check Cashing Fee	N/A
Online Bill Pay Fee	$0
Stop Payment Fee	N/A
Check Image Service	N/A
Check Copy	N/A
Foreign Transaction Fee (Debit Card)	N/A
Wire Transfer Fee - Domestic (Outgoing)	N/A
Wire Transfer Fee - International (Outgoing)	N/A
Wire Transfer Fee - International (Incoming)	N/A
Returned Deposit Fee (International)	N/A
Wire Transfer Fee - Domestic (Incoming)	N/A
ATM Reimbursement Monthly Limit	N/A

What features and perks does Exchange Bank Now 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 Now Checking monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
Mobile Banking Services - Exchange Bank Now Checking allows you to manage your money online. This includes depositing checks in your account with your smartphone.

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