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Highlights
APY (Annual Percentage Yield)
Minimum Balance to Earn APY
Minimum Opening Deposit
Exchange Bank Money Market Review
Key Takeaways
- Charges a monthly fee. This account charges a monthly fee of $10, but the fee may be waived if you keep a minimum balance of$1,000.
- $1,000 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit.
Pros & Cons of Exchange Bank Money Market
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Exchange Bank Money Market FAQ
Are money market accounts from Exchange Bank of Louisiana federally insured?
What are the interest rates for Exchange Bank money market rates?
What are the fees for Exchange Bank Money Market?
This account charges a monthly maintenance fee of up to $10. You can avoid this fee by maintaining a balance of $1,000.| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Maintenance Fee | $10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum balance for Exchange Bank money market?
What features and perks does Exchange Bank money market offer?
- Check Writing - Exchange Bank money market includes check writing privileges. This is convenient method to pay bills and transfer money from your account.
- Fraud monitoring - Exchange Bank of Louisiana monitors transactions for potentially fraudulent activity.
- Mobile Banking Services - Exchange Bank 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?
What is the support contact email?
How to open an account with Exchange Bank of Louisiana
- Visit the Exchange Bank of Louisiana 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.
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