Exchange Bank of California Personal Money Market Review

Exchange Bank of California Personal Money Market is offered by Exchange Bank of California, a bank founded in 1890 and based in Santa Rosa, CA. Exchange Bank of California Personal Money Market is available in 1 state across the USA.

• Low APY. The maximum annual percentage yield for this account is only 0.08.
• Charges a monthly fee. This account charges a monthly service fee of up to $12, but the fee is waived if you keep a minimum balance of $2,500.
• $1,000 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit.

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

Yes, your Exchange Bank of California money market accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #8468). 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 of California Personal Money Market rates?

Exchange Bank of California Personal Money Market offers an APY starting at 0.04% and ranging up to 0.08% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $0.01.

What are the fees for Exchange Bank of California Personal Money Market?

What is the minimum balance for Exchange Bank of California Personal Money Market?

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

Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $2,500.

Interest rate minimum balance of $0.01. You must keep the account balance above $0.01 to earn interest.

What features and perks does Exchange Bank of California Personal Money Market offer?

This account includes the following features:

• Fraud monitoring - Exchange Bank of California monitors transactions for potentially fraudulent activity.
• Mobile Banking Services - Exchange Bank of California Personal 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 (800) 995-4066.

How to open an account with Exchange Bank of California

• Visit the Exchange Bank of California 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.