Exchange Bank

An Introduction to the Exchange Bank and its History
The Exchange Bank was established in the year 1890 by a person called Manville Doyle and Frank,his son. The Exchange Bank has gone through many natural and man made calamities like World Wars, earthquakes, Great Depressions in the 1930 s and other social changes. In spite of this the Exchange bank has stood his ground and has continued to attend the communities it serves.

The Exchange Bank offers various kind of facilities like:

• Personal Banking
• Business Banking
• Investments

Personal Banking: The Exchange Bank through personal Banking offers many kind of account options for an individual depending on the needs of the concerned person. The Bank offers a great array of checking accounts, saving accounts, personal loans and other card facilities.

Personal Checking Account: The Exchange Bank offers a vast variety of personal checking accounts. Through this one can choose from the kind of checking account one needs with different kind of facilities. Some of the accounts are:

• Regular Checking Account
• Checking plus Interest account
• The Club Account
• Premier Checking Account
• Value Checking Account
• Special Checking Account

Regular Checking Account: One needs to have at least an amount of $100 to open an account like this . Through this account one can write an unlimited number of checks without paying any extra cost. One also has to pay an amount of $8 for the maintenance of the account at a monthly basis . This account also allows one to have automated information service in both English and Spanish language. The Exchange Bank also offers online service to its customers for their convenience. The bank has got 14 locations where the Bank remains opened on Saturdays and there are 24 ATM s to help the customers access their money all throughout the day.

Checking Plus Interest Account: This account needs an amount of $500 to open and get oneself registered under this account. This account offers one to issue unlimited checks and without paying any extra cost other than paying an amount of $10 as the maintenance fee or service charge at a monthly basis. The monthly charged is not charged if the account holder keeps an amount of $2500 as an average daily balance. One can also have the 24 hour information about his account through Exchange Bank online banking, automated account information in Spanish and English and also through 14 banking locations that remain open on Saturdays and also via 24 automated teller machines that are made available by the Exchange Bank for its customers.

The Club Account: One can make unlimited number of transactions without any restrictions on the minimum amount of balance . One can also enjoy big discounts on things like vision care as well as prescribed drugs. One can also save some money through this account by money saving travels . One can enjoy 5 free transactions per month in Non-Exchange Bank automated teller machines. One has to pay an amount of $7 for the maintenance of the checking account and its service. One can also enjoy the benefits of financial protection with this account. The account can also have travelers check and as well as cashiers’ check without any issuing charge.

Value Checking Account: This account does not demand any kind of monthly maintenance and service charge. It also does not demand any restriction on minimum balance or daily minimum balance. One need not to worry about the opening deposit one is to make to open an account. The account holder also enjoys the benefit of unlimited check writings and a 24 hour access to the account through the Exchange Bank online facility. One though has to make a monthly direct deposit to this account as well as the safekeeping of the check is required to keep this account in force.

Premier Checking Account: One needs to put at least $500 in the account to start an account like this. This account demands $15 for the maintenance of the account as well as the service charge. The maintenance and the service charge is forfeited if one maintains an amount of $5000 as daily balance and or one can also keep an amount of $10,000 which has to in the combination of savings and money market account. One also gets a free safe deposit box with this account. One also gets free access to various foreign ATM s without any extra charges and one can also enjoy free checks and he can also afford to have a stop payment order free of cost.

For savings account one can also have several types of personal savings account. Some of them are:

• Regular Savings
• Money Market Investment Account
• Savers Club
• Investment Certificates of Deposits
• Jumbo certificates of Deposits

One can also have the facilities available for those who need checking accounts for business purposes.

For checking plans one can choose from various choices that are available for the account holders. Some of the plans are:

• Business Checking Account
• Low Activity Business Account
• Business Checking Plus account
• Business Relationship Plan
• Business Money Market Account
• Community Checking Account
• Professional advantage Account

One can also take the advantage of various types of loans and merchant services that are available for the purpose of business. One can go for various choices that are made available by the Exchange Bank to its customers. Some of the Business loans and merchant services are:

• Business Loans
• Commercial Construction Loans
• Commercial Real Estate Loans
• Merchant Account Informations and Online Access
• Electronic Transaction Processing Options
• Pin Secured and Signature Debit Card
• Credit Card Services
• Hospitality Solutions
• Web Enabled Services
• Check Services