Yes, Exchange Bank & Trust is an FDIC-insured institution. When you open traditional deposit accounts such as savings accounts, checking accounts, money market accounts, or certificates of deposit (CDs) at an FDIC-insured bank, your deposits are automatically protected. This coverage protects your money in the event of a bank failure up to the standard insurance limit, which is currently $250,000 per depositor, per ownership category. It is important to remember that the FDIC only insures deposit accounts; other financial products often offered by banks, such as stocks, bonds, mutual funds, annuities, or the contents of safe deposit boxes, are not covered by FDIC insurance.