Checking

CHECKING ACCOUNTS

First Exchange Bank offers traditional checking account services to our customers, which include:

REGULAR CHECKING

This account allows customers to write an unlimited number of checks during the month with no service fee.

  • $50 opening deposit
  • Unlimited check writing
  • No minimum balance required

N.O.W. CHECKING

N.O.W. checking customers may earn a competitive rate of interest on their checking balance and write an unlimited number of checks each month. Interest will be paid to customers on the monthly statement date.

  • $500 opening deposit
  • Earns interest if balance is $500 or more
  • $500 minimum balance to avoid monthly service charge

PREMIER 50 ACCOUNT

Senior Citizen checking account (50 or older).

  • $50 opening deposit
  • Free checks if ordering club checks, 1/2 off other check styles
  • Unlimited check writing
  • $750 minimum balance to earn interest
  • $100 minimum balance to avoid monthly service charge of $7.50

PREMIER 50 PLUS ACCOUNT

Senior Citizen checking account with added benefits (50 or older) $5 monthly fee. Persons under 50 may open account with $6 monthly fee.

  • $50 opening deposit
  • No minimum balance required to earn interest
  • Unlimited check writing
  • Free checks if ordering club checks, 1/2 off other check styles
  • No charge for money orders, cashier checks or travelers checks
  • 25% discount on Safe Deposit Box
  • 24 hour accidental death insurance and common carrier coverage
  • Exclusive Monthly showing of First Run Movie
  • Various other benefits

MONEY MARKET ACCOUNT

Money Market Deposit Account customers earn a competitive rate of interest on their balance with limited check writing.

  • $1000 opening deposit
  • $750 monthly balance to avoid monthly service fee of $10.00
  • 6 transactions per month allowed on the account

http://www.fdic.gov/news/news/financial/2012/fil12045.html#cont