Yes, Exchange State Bank is an FDIC-insured institution. As with all banks that are members of the FDIC, deposit accounts such as checking, savings, money market deposit accounts, and certificates of deposit (CDs) are automatically protected up to the standard limit of $250,000 per depositor, per ownership category. The FDIC insurance program is designed to provide financial stability and protect depositors' funds if a bank were to fail. Consumers should remain aware that the FDIC only provides insurance for traditional deposit products; non-deposit financial services or products—including mutual funds, stocks, bonds, or life insurance policies—are not covered by this federal insurance protection.