Business Savings & Checking Accounts
If you’re in need of a checking account or savings account for your business, Exchange Bank provides you with options. We offer a business checking account to allow you to easily access your money and a savings account to allow you to save the way you want for your business. Contact your local branch to speak with a member of our business banking team and discuss your business deposit needs.
Business Checking
A checking account that only requires a $25 opening deposit. The account has no fees as long as you maintain a balance of more than $300 and allows you make deposits and debits as you need.
Business Savings
This savings account is just $25 to open and all balances over $60 earn interest. The account offers 6 preauthorized transfers per monthly statement cycle and 18 fee-free withdrawals per quarter.
Business Now Account
This interest-bearing account allows you to earn interest on your checking balance with a minimum balance requirement of $1,000. This account is not available for all businesses as restrictions do apply. Contact your local branch for more details.
Business Money Market
Maximize your earnings with Exchange Bank's Business Money Market Account - start with a $2500 opening deposit and enjoy a higher interest rate. Manage your finances efficiently with up to 6 free preauthorized transfers and withdrawals per statement period. Beyond this, a nominal $5 fee applies per transaction, ensuring your funds grow while retaining access when needed.
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