Deposit and loan products are offered by Exchange Bank, Member FDIC and Equal Housing Lender. Trust and investment management services are offered by Exchange Bank Trust and Investment Management. Exchange Bank investment products are:

• Not a deposit 
• Not FDIC insured
• Not guaranteed by the Bank
• Not insured by any federal government agency 
• May go down in value

Always consult with your independent attorney or tax advisor before making any tax-related financial decision, or changing or implementing any financial, tax or estate planning strategy.