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Personal Checking Accounts

Your Gateway to Effortless Banking! 

For many individuals, a personal checking account is the foundation of successful management of their personal finances. Whether you’re a student, working professional, or a stay-at-home parent, you need a checking account that fits your lifestyle. At First Exchange Bank, we’re not just about offering banking services; we’re about creating opportunities for our customers to manage their finances with ease, security, and a sense of accomplishment. Our suite of personal checking accounts is meticulously designed to cater to the diverse needs of our valued customers in White Hall, Mannington, Fairmont, Fairview, Hundred, and Morgantown.

Great Features Included with All Checking Accounts

• FREE Debit Card: Make purchases and withdrawals with ease.
• FREE Online Banking: Manage your finances anytime, anywhere.
• FREE Bill Pay: Say goodbye to manual bill payments.
• FREE Mobile Banking with Mobile Deposit: Bank on the go and quickly deposit checks with your smartphone or mobile device.**
• FREE eStatements: Access your statements online, securely and conveniently.
• FREE Thank You Gift: We appreciate your business and show it with a special gift when you open your account!**
• FREE Referral Gifts: When you refer friends and family to join First Exchange Bank.**
• Debit Card & Unused Check Buyback: Switching to First Exchange Bank is easy. We’ll buy back your old debit cards and unused checks from another financial institution up to $10.**

Open a Checking Account

Our checking accounts are designed to suit various lifestyles and financial goals. Here’s a closer look at each option to help you make the best choice for your banking needs. If you need assistance deciding on the best personal checking account for you, our friendly staff are available to help. Get started opening a First Exchange Bank account today!

Open An Account Online

Explore Our Options for Personal Checking Accounts

firstEssential Checking:  Simplicity at its Best! 
  • Minimum to Open: A $50 initial deposit.
  • Benefits: Perfect for those who appreciate the tangibility of paper statements. This account requires no minimum running balance and has a low monthly fee of just $2 for paper statements, which we’re happy to waive with eStatement enrollment.
firstPremium Interest Checking:  Maximize Your Earnings!
  • Minimum to Open: Open your account with just $50.
  • Benefits: Perfect for those looking to get more from their checking account. Enjoy higher interest rates when maintaining a balance of $1500 or more. Avoid the $6.95 monthly charge by maintaining the minimum balance.
firstBenefits Checking:  The Ultimate in Value and Protection
  • Minimum to Open: An initial deposit of $50.
  • Benefits: Unlock great benefits and perks with your checking account! From cell phone protection and identity theft resolution services to roadside assistance. Take advantage of accidental death & dismemberment insurance*, not to mention discounts on shopping, dining, and travel. All these benefits come alongside free standard checks and both paper and eStatements, all for a nominal monthly fee of $6.95. Learn more about our benefits checking account. 
Direct Interest Checking:  Earn as You Go!
  • Minimum to Open: Start with $50.
  • Benefits: Designed especially for customers aged 50 or older, or customers who have set up direct deposits. This account offers competitive interest rates without the need for a minimum balance or monthly service charges.

Why First Exchange Bank Is the Right Choice for You

Choosing where to bank is a significant decision, and at First Exchange Bank, we don’t take that decision lightly. We are committed to providing a banking experience that aligns with your lifestyle and financial goals. Our personal checking accounts are designed with you in mind, offering the flexibility, security, and benefits you deserve. With a focus on customer satisfaction and community values, we aim to be more than just a bank; we strive to be a trusted partner in your financial journey. Apply online or stop by any of our conveniently located branches in North Central West Virginia, including White Hall, Mannington, Fairmont, Fairview, Hundred, and Morgantown to open your account today.

Ready to Get Started?

Take the Next Step Toward Financial Freedom and open a personal checking account! For more information about our full range of services, contact us online or call us at 304-534-7200. Your ideal personal checking account awaits—discover the difference at First Exchange Bank!
Open Now

*Insurance Products are not deposits, not FDIC Insured, and not insured by any federal government. 

**First Exchange Bank does not charge for Mobile Banking, but your mobile service may charge for text messaging and/or web access. Be sure to check your service provider for data rates. See fee schedule for details. Minimum opening deposit is only $50. Ask us for details. Bank rules and regulations apply. Offer good on personal accounts only; ask us about our outstanding options for your business or organization. Free gift may be reported on a 1099-INT or 1099-MISC. Free gift provided at the time of account opening. Up to $10 for debit cards and unused checks from another financial institution given at the time the checks/ debit cards are presented.

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Business Checking Accounts

Elevate Your Business Banking with First Exchange Bank’s Premier Business Checking

Having the right bank account to manage your capital plays a vital role in the success of your business. Whether you’re a startup still establishing your roots or an established business seeking efficiency and expansion, a business bank account allows you to streamline operations, track finances accurately, and safeguard your assets. That’s precisely the goal of our Business Checking Accounts at First Exchange Bank. With flexible options and superior benefits, our business checking accounts are the cornerstone of your financial strategy, supporting your business every step of the way.

Choose the Right Business Checking Account for Your Needs

Designed to cater to the diverse needs of our business clientele across North Central West Virginia, our business checking solutions offer the perfect blend of functionality, flexibility, and financial benefit. Not sure which account is best for your business? Contact us for assistance in selecting the perfect option to meet your business banking needs.

firstEssential Business Checking

  • Perfectly suited for a wide array of businesses, our firstEssential Business Checking account is the go-to choice for companies looking for efficiency and simplicity in their financial transactions.
  • Key Features:
      • Enjoy up to 1000 FREE monthly transaction items, allowing for ample day-to-day banking without worry.
      • Benefit from the freedom of no minimum balance requirements, ensuring your business can operate flexibly.
      • Take advantage of no monthly service charges, reducing your operational costs.
      • Deposit up to $10,000 in currency each month for free, ideal for cash-based businesses.

firstBusiness Interest Checking

  • Designed for businesses aiming to maximize their funds, the firstBusiness Interest Checking account helps your balance grow with competitive interest rates.
  • Key Features:
      • Earn competitive interest on your checking balance, turning your account into a tool for financial growth.
      • Receive 1000 FREE monthly transaction items, providing substantial capacity for your business activities.
      • Maintain just a $5,000 minimum balance to avoid a low monthly fee of $6, keeping your costs predictable.
      • Enjoy the privilege of depositing up to $10,000 in currency per month for free, supporting your cash handling needs.

Commercial Checking

  • Our Commercial Checking account unlocks superior financial efficiency for businesses with complex banking needs, offering a robust framework for managing larger transaction volumes and cash flow.
  • Key Features:
    • Leverage an earnings credit allowance on your deposit balances to potentially offset activity fees, optimizing your financial operations.
    • Benefit from a low monthly service charge of only $15, designed to be economical for businesses at scale.
    • Transaction items cost just 15¢ each, providing an economical solution for high-volume transactions.
    • Coin and currency deposits are economically priced at just 50¢ per $1000, facilitating cost-effective cash management.

Enjoy Complimentary Services with Every Business Account

Every new business checking account comes with a suite of complimentary services designed to elevate your banking experience:

  • A FREE Business Debit Card for everyday expenses and financial transactions.
  • FREE Online Banking and Bill Pay to manage your finances anywhere, anytime.
  • FREE Mobile Banking with Mobile Deposit*, bringing the bank to your fingertips.
  • FREE eStatements for easy record-keeping and environmental friendliness.
  • A FREE Thank You Gift as our way of expressing gratitude for your business.
  • Free gifts for referring others, because we value the business community you help us build.
  • A $10 Buy Back of your old debit cards and unused checks from another financial institution, making the switch to First Exchange even easier.

What is Needed to Open a Business Checking Account?

The requirements for opening a business account depend on your business structure. To assist in opening your new account, we may request the following:

Company Structure
 Requirement(s)
Sole Proprietorship SSN or EIN of Owner
Limited Liability Company (LLC) TIN of LLC, Articles of Organization, Operating Agreement
Partnership TIN of Partnership, Partnership Agreement, Certificate of Partnership
Not-For-Profit Organization TIN of Organization; If incorporated, follow corporation guidelines; If tax-exempt, IRS documentation or tax return ; If not tax-exempt, authorization letter
Corporation TIN of Corporation , Articles of Incorporation, Business License from the Secretary of State may also be requested

Beneficial Owners
The following information is needed for Beneficial Owners. Beneficial Owners are individuals who directly or indirectly own 25% or more of the legal entity and/or the individual who has significant responsibility for managing the legal entity:
• Name
• Physical Address
• Date of Birth
• Social Security Number
• Valid Government Issued ID

Why Choose First Exchange for Your Business Checking Needs?

Our local commitment means we understand the unique needs of businesses in White Hall, Mannington, Fairmont, Fairview, Hundred, and Morgantown, providing tailored solutions that truly fit. From our diverse range of business checking accounts designed to match the scale and scope of your operations to our unmatched cost efficiency, we prioritize minimizing fees, offering competitive interest rates, and providing a wealth of banking services to enhance your bottom line. With First Exchange Bank, you’re not just a client; you’re a valued member of our community, and we’re dedicated to helping your business thrive.

Open A Business Checking Account

Get Started

Join First Exchange Bank — Where Your Business, is Our Business.

Discover the difference a dedicated banking partner can make in transforming your business goals to reality. Our team is eager to assist you in selecting the perfect checking account for your business needs. Call us at 304-534-7200 for more information, contact us online, or drop by any of our 7 convenient locations in White Hall, Mannington, Fairmont, Fairview, Hundred, and Morgantown. Together, let’s drive your business to the next level!

*First Exchange Bank does not charge for Mobile Banking, but your mobile service may charge for text messaging and/or web access. Be sure to check your service provider for data rates.

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Proud Partners

West Virginia Bankers Association
Independent Community Bankers of America
West Virginia Governor's Service Awards
Marion County Chamber of Commerce
Morgantown Area Partnership

First Exchange Bank does not charge for Mobile Banking, but your mobile service provider may charge for text messaging and/or web access. Be sure to check your service provider for data rates.

Member FDIC
An Equal Housing Lender
NMLS 579178
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Contact

After-Hours Lost or Stolen ATM/Debit Card Hotline:

1-800-236-2442

Activating Debit Card: You may first use the card with your PIN at any ATM or merchant location -OR- call

866-392-9952
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