SuperMoney
  Exchange Bank and Trust Money Market Account

Exchange Bank and Trust Money Market Account

in Money Market Accounts from Exchange Bank and Trust · fdic

Unaffiliated

Exchange Bank and Trust Money Market Account

Unaffiliated

in Money Market Accounts from Exchange Bank and Trust · Member FDIC

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

Would you recommend Exchange Bank and Trust Money Market Account to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
APY (Annual Percentage Yield) 0.05% - 0.2%
APY Minimum Balance N/A
Minimum Opening Deposit Starting at $500

Exchange Bank and Trust Money Market Account Review

Exchange Bank and Trust Money Market Account is offered by Exchange Bank and Trust, a bank founded in 1856 and based in Atchison, KS. Exchange Bank and Trust Money Market Account is available in 1 state across the USA.

Key Takeaways
  • Very high APY. This account offers an annual percentage yield of up to 0.2%, which is much higher than the national average for a money market account.
  • No APY minimum balance. There is no minimum amount you have to deposit to start earning interest with this money market account.
  • $0 monthly fee. This account does not charge a monthly Service Charge.
  • $500 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit.
Pros & Cons of Exchange Bank and Trust Money Market Account
Pros Cons
  • High-interest yield.
  • Access to physical branches.
  • No charge on incoming domestic or international wire transfers.
  • Deposit checks remotely.
  • No signup bonus.
  • Does not provide a debit card.
  • Only available in one state.
Exchange Bank and Trust Money Market Account FAQ

Are money market accounts from Exchange Bank and Trust federally insured?

Yes, your Exchange Bank and Trust money market accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #4619). 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 are the interest rates for Exchange Bank and Trust money market rates?

Exchange Bank and Trust money market offers an APY starting at 0.05% and ranging up to 0.2% (APY stands for annual percentage yield, rates may change).

Exchange Bank and Trust money market Rates and Terms
Rates Amount
APY (Annualized Percentage Yield) 0.05% - 0.2%

What are the fees for Exchange Bank and Trust Money Market Account?

Exchange Bank and Trust Money Market Account does not charge a monthly maintenance fee.

Exchange Bank and Trust will charge you a $5 fee if you exceed your maximum number of monthly transactions.

Exchange Bank and Trust will allow you to make up to 4 withdrawals or transactionss per month.
Exchange Bank and Trust Money Market Account Fees
Fees Amount
Monthly Fee $0
Paper Statement Fee $2
Excess Transaction Fee $5

What is the minimum balance for Exchange Bank and Trust money market?

Minimum deposit of $500. You must make an initial deposit of at least $500 to open this account.

What features and perks does Exchange Bank and Trust money market offer?

This account includes the following features:

  • Check Writing - Exchange Bank and Trust money market includes check writing privileges. This is convenient method to pay bills and transfer money from your account.
  • Fraud monitoring - Exchange Bank and Trust monitors transactions for potentially fraudulent activity.
  • Mobile Banking Services - Exchange Bank and Trust money market allows you to manage your money through online banking and a dedicated mobile app. This includes depositing checks in your account with your smartphone.

What is the customer service phone number?

The customer service number for this business card is (913) 367-6000.

What is the support contact email?

The support contact email for this business credit card is ibank@myexchangebank.com.

How to open an account with Exchange Bank and Trust

  • Visit the Exchange Bank and Trust website.
  • Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
  • Check the information is accurate and submit your application.
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.

Availability

  Available in 1 state
Kansas
Availabile in all of Kansas

Feature Breakdown

Minimum Balance to Avoid Monthly Fee Starting at $0
Minimum Opening Deposit Starting at $500
Monthly Fee $0
NSF Fee $34
Paper Statement Fee $2
Account Features
  • Free Bill Pay
  • Mobile Check Deposit
  • No Monthly Maintenance Fee
  • Interest Bearing Account
  • Mobile Banking
  • Fraud Monitoring
  • Fraud Protection
  • Branch Access
  • Member FDIC
  • Check Writing
APY (Annual Percentage Yield) 0.05% - 0.2%
Dividend Compounding Frequency Monthly
Dividend Payout Frequency Monthly

Be the first to rate

 

Would you recommend Exchange Bank and Trust Money Market Account 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 Money Market Accounts