In the midst of these unprecedented and uncertain times, we want you to know we are here for you.  “The financial services sector is identified as Critical Infrastructure Sector by the Department of Homeland Security” according to the United States Department of the Treasury.  So rest assured we will continue operations.

The safety and well-being of our employees and you are our top priority.  We are following all the guidelines set forth by the CDC, state and local authorities. Additional measures have been taken to ensure the safety of our employees who are still reporting to work to serve you.

I also want to assure you Exchange Bank is safe and sound.  For a century we have focused on the needs of families and businesses in our community, and will continue to during this time.  We consider it our ultimate responsibility to protect the assets you entrust with us.  Your deposits are secure, we have sufficient money on hand but have been assured by the Federal Reserve that there will be no problem accessing more cash if needed, and we are a solid financial institution with strong capital and ample liquidity. Exchange Bank has positioned itself to weather any situation that may occur.

Please contact us with any questions or concerns you may have.  We value our relationship with you and greatly appreciate your continued support and confidence.  Stay safe and well.

Sincerely,

Ricky Ray

Chairman & CEO