Business Checking Updates
Business Banking Simplified
Available starting October 26, 2024. Non-profit Interest Checking will be renamed Business Interest Checking.
| Streamlined products - plus a strong community connection - designed with your business in mind. | |||||
| Sole Proprietor Checking | Small Business Checking | Business Checking | Business Interest Checking | Community Checking | Analysis Checking |
Perfect for sole proprietors starting out
| Designed to meet the needs of growing businesses
| Ideal for businesses seeking reliable banking solution that supports their success
| Designed for businesses that maintain higher balances
| Available to non-profit corporations and non-profit organizations
| Best for businesses with complex banking needs and financial controls to manage high transaction volumes
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The Right Tools for You
| Exchange Bank Business Digital Banking | Business Debit Card | Treasury Management Services1 | Business Credit Card |
| View balances, deposit checks and set alerts for your business accounts. | Use an Exchange Bank Business Debit Card for your everyday purchases. | Make the most of your account with:
| Consider the benefits of an Exchange Bank Business Credit Card.2 |
1 Fees, terms, and conditions apply.
2 Subject to credit approval.
Compare Business Checking Account Options
| Sole Proprietor Checking | Small Business Checking | Business Checking | Business Interest Checking | Community Checking1 | |
| Minimum opening balance | $100 | $100 | $100 | $500 | $100 |
| Monthly maintenance fee2 | $10 | $10 | $15 | $13 | No fee |
| No monthly maintenance fee when you meet one of the following requirements during the monthly account cycle: |
The monthly maintenance fee will be reduced to $5 when you meet the following requirement during the monthly account cycle:
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| N/A |
| Processed Transactions per monthly account cycle | 1005 | 1005 | 2005 | 1506 | 1005 |
| Coin and Currency monthly fee | $0.0018 per $1 over $5,000 | $0.0018 per $1 over $5,000 | $0.0018 per $1 over $10,000 | $0.0018 per $1 over $10,000 | $0.0018 per $1 over $10,000 |
Speak with a Banker for more information regarding Analysis Checking, or Public Funds, State Bar and Sole Proprietorship Interest options.
Business Checking Disclosure
1 Community Checking is available to non-profit corporations and non-profit organizations registered as tax-exempt under section 501(c)(3) with the IRS.
2 The monthly maintenance fee is waived for the first two account cycles after opening the account.
3 You must designate the deposit accounts, loans (if eligible), or certificate of deposit accounts you want us to link to your account for combined balance waivers. For each designated linked account, the period of time that we use as the basis for calculating the balance, and the day that we use to determine the balance, may be different from the monthly account cycle of the benefiting account. The combined balances will be calculated three days before the monthly account cycle date of your account to determine eligibility for maintenance fee waiver.
4 The monthly maintenance fee waiver applies to the account charged for "Cash Manager Plus" or "Cash Manager Executive" Cash Management services.
5 Processed transactions include: checks negotiated, deposits, deposited items, and in-branch withdrawals. Transactions excluded are: ACH debits and credits and ATM and point of sale transactions. Transactions in excess of monthly limit are $0.40 per item.
6 Processed transactions include: checks negotiated, deposits and in-branch withdrawals. Transactions excluded are: ACH debits and credits, deposited items and ATM and point of sale transactions. Transactions in excess of monthly limit are $0.40 per item.