A MyBankTracker Rating

Peoples Exchange Bank of Monroe County

About Peoples Exchange Bank of Monroe County

Peoples Exchange Bank was founded in Beatrice, Alabama in 1907 when Lechter Melton of Pensacola, Florida interested a number of local people in its organization. Money was borrowed from a Pensacola bank to start the bank and S.D. Andress was put in charge. The bank has operated continuously since that time except for two days in the mid 1930’s , when President Roosevelt’s “moratorium on banking” resulted in a two-day “Bankers Holiday”.

Peoples Exchange Bank of Monroe County logo

MyBankTracker rated based on the following criteria that includes real customer reviews and bank fees, among others. Our bank report card is a proprietary rating system that highlights the financial health and stability of the bank. See how it’s rated.

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  • Type Fee National Average
  • Monthly Inactivity N/A
  • Non-Sufficient Fund (Overdraft) N/A 0
  • Stop Payment item N/A 0
  • Return Deposit N/A 0
  • Domestic Wire Transfer (Outbound) N/A 0
  • Domestic Wire Transfer (Inbound) N/A 0
  • Non-Bank ATM N/A