SuperMoney
  Exchange Bank Money Market

Exchange Bank Money Market

in Money Market Accounts from Exchange Bank of Louisiana · Member fdic

Unaffiliated

Exchange Bank Money Market

Unaffiliated

in Money Market Accounts from Exchange Bank of Louisiana · Member FDIC

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

Would you recommend Exchange Bank Money Market to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
APY (Annual Percentage Yield) N/A
APY Minimum Balance $1,000
Minimum Initial Deposit $1,000

Exchange Bank Money Market Review

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

Exchange Bank Money Market FAQ

Are money market accounts from Exchange Bank of Louisiana federally insured?

Yes, your Exchange Bank of Louisiana money market 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 are the Exchange Bank Money Market rates?

What are the Exchange Bank Money Market fees?

This account charges a monthly maintenance fee of up to $10. You can avoid this fee by maintaining a balance of $1,000.

Exchange Bank of Louisiana will charge you a $17 fee if you exceed your maximum number of monthly transactions.

Exchange Bank of Louisiana will allow you to make up to 6 transactions per month. That is also the maximum set by federal regulations for money market accounts.
Exchange Bank Money Market Fees
Fees Amount
Monthly Fee up to $10
Paper Statement Fee N/A
Excess Transaction Fee $17

What is the minimum balance for Exchange Bank Money Market?

Minimum initial deposit of $1,000. You must make an initial deposit of at least $1,000 to open this account.

Monthly maintenance minimum balance of $1,000. You can avoid the monthly fee if you keep a minimum balance $1,000.

Interest rate minimum balance of $1,000. You must keep the account balance above $1,000 to earn interest.

What features and perks does Exchange Bank Money Market offer?

This account includes the following features:

  • 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 online. This includes depositing checks in your account with your smartphone.

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.
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.

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

Availability

  Available in 1 state
Georgia
Availabile in all of Georgia

Feature Breakdown

APY Minimum Balance $1,000
Minimum Balance to Avoid Monthly Fee $1,000
Minimum Initial Deposit $1,000
Monthly Fee $10
Bank Account Features
  • FDIC Member
  • Check Writing
  • Branch Access
  • Bauer Financial A+/A Rating
  • Fraud Protection
  • Fraud Monitoring
  • Mobile Banking
  • Interest Bearing Account
  • Mobile Check Deposit
Dividend Compounding Frequency Daily
Dividend Payout Frequency Monthly

Be the first to rate

 

Would you recommend Exchange Bank Money Market 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
Cancel my vote
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

0%

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.