We have built a strong reputation as an outstanding, full-service Community Bank with an experienced staff offering expertise in every area from deposit accounts to lending solutions.
In addition to our regular business checking accounts, Exchange Bank offers accounts for larger corporations and other businesses that have a large cash need on a regular basis. All our Business Checking Accounts include the convenience of Internet Banking, Mobile Banking, Online Bill Pay & E-statements. We are constantly looking at ways to make our customer’s lives easier through new technology and exceptional customer service.
Our experienced Customer Service Representatives are available to spend quality time with you to be sure you select the options that best meet your financial needs. Please call Customer Service at (478) 452-4531 or stop by and see us at one of our five convenient locations.
We want to build a relationship that last a lifetime. Exchange Bank... YOUR Community Bank.
Large Corporate Account Solutions
Commercial Check Analysis
This Account is for large corporations and other businesses that have large cash needs on a weekly basis.
Limitations: Deposit Related Activity
Items Deposited (per Item):
$0.10
Per deposit fee:
$0.35
Cash Deposited: Specific Amounts
Rolled Coin (per Roll):
$0.025
Unrolled Coin (per Roll):
$0.05
Currency (per $100.00):
$0.10
Return Items:
Charge Back (per Item):
$4.00
Picked Up (per Item):
$3.00
Holdover Return Items (per day):
$1.50
Charge Back (per Item):
$4.00
Picked Up (per Item):
$3.00
Holdover Return Items (per day):
$1.50
Payment Related Activities
Items paid (per Item):
$0.15
Stop payments (each item):
$35.00
Other Miscellaneous Charges
Items paid (per Item):
$0.15
Stop payments (each item):
$35.00
Other Miscellaneous Charges
Cashed Checks:
$0.10 (per check)
$0.10 (per check)
Credit Information (Billed to Inquires):
$10.00
$10.00
Coin and Currency Order Preparation
Specified accounts (per $100.00):
$0.10
Specified accounts (per $100.00):
$0.10
Account Fees
The monthly service charge is determined using a commercial analysis system. Analysis charges are calculated based on the account activity. To help offset the analysis charges, an earnings credit is then calculated based on the average collected balance of the account. A service charge will be assessed if the analysis charges are greater than the earnings credit.
CREDIT FOR BALANCE
Positive Balance: Average ledger balance minus average float minus bank's reserve requirement multiplied by the earnings rate (prior month's average of weekly 90-day T-Bill auction rates multiplied by 90%) divided by 12 months. Rate Revised Monthly.
Negative Balance: If the average collected balance is negative due to uncollected funds or an overdraft situation, the customer is charged the percentage rate that is Prime Rate +3%. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.
The monthly service charge is determined using a commercial analysis system. Analysis charges are calculated based on the account activity. To help offset the analysis charges, an earnings credit is then calculated based on the average collected balance of the account. A service charge will be assessed if the analysis charges are greater than the earnings credit.
CREDIT FOR BALANCE
Positive Balance: Average ledger balance minus average float minus bank's reserve requirement multiplied by the earnings rate (prior month's average of weekly 90-day T-Bill auction rates multiplied by 90%) divided by 12 months. Rate Revised Monthly.
Negative Balance: If the average collected balance is negative due to uncollected funds or an overdraft situation, the customer is charged the percentage rate that is Prime Rate +3%. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.
Commercial Check Analysis MSB
This Account is for large corporations or small businesses that are Money Service Businesses.
Limitations: Deposit Related Activity
Items Deposited (per Item):
$0.10
Per deposit fee:
$0.35
Items Deposited (per Item):
$0.10
Per deposit fee:
$0.35
Cash Deposited: Specific Amounts
Rolled Coin (per Roll) :
$0.025
Unrolled Coin (per Roll):
$0.05
Currency (per $100.00):
$0.10
Rolled Coin (per Roll) :
$0.025
Unrolled Coin (per Roll):
$0.05
Currency (per $100.00):
$0.10
Return Items:
Charge Back (per Item):
$4.00
Picked Up (per Item):
$3.00
Holdover Return Items (per day):
$1.50
Charge Back (per Item):
$4.00
Picked Up (per Item):
$3.00
Holdover Return Items (per day):
$1.50
Payment Related Activities
Items paid (per Item):
$0.15
Stop payments (each item):
$35.00
Other Miscellaneous Charges
Items paid (per Item):
$0.15
Stop payments (each item):
$35.00
Other Miscellaneous Charges
Cashed Checks:
$0.10 (per check)
$0.10 (per check)
Credit Information (Billed to Inquires):
$10.00
$10.00
Coin and Currency Order Preparation
Specified accounts (per $100.00):
$0.10
Specified accounts (per $100.00):
$0.10
Account Fees
The monthly service charge is determined using a commercial analysis system. Analysis charges are calculated based on the account activity. To help offset the analysis charges, an earnings credit is then calculated based on the average collected balance of the account. A service charge will be assessed if the analysis charges are greater than the earnings credit. A $250 MSB fee will be charged monthly.
CREDIT FOR BALANCE
Positive Balance: Average ledger balance minus average float minus bank's reserve requirement multiplied by the earnings rate (prior month's average of weekly 90-day T-Bill auction rates multiplied by 90%) divided by 12 months. Rate Revised Monthly.
Negative Balance: If the average collected balance is negative due to uncollected funds or an overdraft situation, the customer is charged the percentage rate that is Prime Rate +3%. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.
The monthly service charge is determined using a commercial analysis system. Analysis charges are calculated based on the account activity. To help offset the analysis charges, an earnings credit is then calculated based on the average collected balance of the account. A service charge will be assessed if the analysis charges are greater than the earnings credit. A $250 MSB fee will be charged monthly.
CREDIT FOR BALANCE
Positive Balance: Average ledger balance minus average float minus bank's reserve requirement multiplied by the earnings rate (prior month's average of weekly 90-day T-Bill auction rates multiplied by 90%) divided by 12 months. Rate Revised Monthly.
Negative Balance: If the average collected balance is negative due to uncollected funds or an overdraft situation, the customer is charged the percentage rate that is Prime Rate +3%. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.
Commercial Check Analysis HR
This Account is for large corporations or other businesses that have any combination of the following: large cash needs on a weekly basis, daily deposit activities, change orders or currency exchanges, coin and currency orders, 3rd party check casher, Lottery/ COAM account, ATMs, or seller of money orders or pre-paid access accounts.
Limitations: Deposit Related Activity
Items Deposited (per Item):
$0.10
Per deposit fee:
$0.35
Items Deposited (per Item):
$0.10
Per deposit fee:
$0.35
Cash Deposited: Specific Amounts
Rolled Coin (per Roll) :
$0.025
Unrolled Coin (per Roll):
$0.05
Currency (per $100.00):
$0.10
Rolled Coin (per Roll) :
$0.025
Unrolled Coin (per Roll):
$0.05
Currency (per $100.00):
$0.10
Return Items:
Charge Back (per Item):
$4.00
Picked Up (per Item):
$3.00
Holdover Return Items (per day):
$1.50
Charge Back (per Item):
$4.00
Picked Up (per Item):
$3.00
Holdover Return Items (per day):
$1.50
Payment Related Activities
Items paid (per Item):
$0.15
Stop payments (each item):
$35.00
Other Miscellaneous Charges
Items paid (per Item):
$0.15
Stop payments (each item):
$35.00
Other Miscellaneous Charges
Cashed Checks:
$0.10 (per check)
$0.10 (per check)
Credit Information (Billed to Inquires):
$10.00
$10.00
Coin and Currency Order Preparation
Specified accounts (per $100.00):
$0.10
Specified accounts (per $100.00):
$0.10
Account Fees
The monthly service charge is determined using a commercial analysis system. Analysis charges are calculated based on the account activity. To help offset the analysis charges, an earnings credit is then calculated based on the average collected balance of the account. A service charge will be assessed if the analysis charges are greater than the earnings credit. A $500 High Risk Fee will be charged monthly.
CREDIT FOR BALANCE
Positive Balance: Average ledger balance minus average float minus bank's reserve requirement multiplied by the earnings rate (prior month's average of weekly 90-day T-Bill auction rates multiplied by 90%) divided by 12 months. Rate Revised Monthly.
Negative Balance: If the average collected balance is negative due to uncollected funds or an overdraft situation, the customer is charged the percentage rate that is Prime Rate +3%. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.
The monthly service charge is determined using a commercial analysis system. Analysis charges are calculated based on the account activity. To help offset the analysis charges, an earnings credit is then calculated based on the average collected balance of the account. A service charge will be assessed if the analysis charges are greater than the earnings credit. A $500 High Risk Fee will be charged monthly.
CREDIT FOR BALANCE
Positive Balance: Average ledger balance minus average float minus bank's reserve requirement multiplied by the earnings rate (prior month's average of weekly 90-day T-Bill auction rates multiplied by 90%) divided by 12 months. Rate Revised Monthly.
Negative Balance: If the average collected balance is negative due to uncollected funds or an overdraft situation, the customer is charged the percentage rate that is Prime Rate +3%. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.
A variety of accounts – for every business need
Our experienced Customer Service Representatives are available to spend quality time with you to be sure you select the options that best meet your financial needs. We’re here to help!