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News Story of the Day
Religious freedom laws not used against gays in the past


NEW YORK (AP) — Religious freedom laws like the one causing an uproar in Indiana have never been successfully used to defend discrimination against gays — and have rarely been used at all, legal experts say. However, past may not be prologue in these cases, since gays have only recently won widespread legalization of same-sex marriage, and religious conservatives are now scrambling for new ...

Sports Story of the Day
NASCAR finds Ryan Newman's race team manipulated tires


CHARLOTTE, N.C. (AP) — NASCAR levied harsh penalties against Ryan Newman's race team Tuesday after determining Richard Childress Racing manipulated the tires Newman used at Auto Club Speedway in California. There had been rampant speculation throughout the Sprint Cup garage that teams were drilling tiny holes in their tires to allow air to escape during a race. The process is known as ...

FDIC INFORMATION

FDIC coverage $250,000 per depositor.
FDIC Transaction Account Guarantee Program
Effective June 30, 2010, funds held in non-interest bearing transaction accounts will no longer be guaranteed in full under the Transaction Account Guarantee program but will be insured up to $250,000 under the FDIC's general insurance rules.

 
Notice of Changes in Temporary FDIC Insurance Coverage for Transaction Accounts

All funds in a “noninterest-bearing transaction account” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012.  This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules.  The term “noninterest-bearing transaction account” includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest.  It also includes Interest on Lawyers Trust Accounts ("IOLTA's").  It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.

 

For more information about temporary FDIC Insurance coverage of transaction accounts, visit www.fdic.gov


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Local Weather
Current Conditions for Ormsby, MN
Intermittent Clouds
68ºFIntermittent Clouds
Feels Like: 66ºF
Humidity: 24%
Wind: 8 MPH NW
Forecast
Tuesday 68ºF 46ºF
Wednesday 77ºF 46ºF
Thursday 64ºF 31ºF
Friday 49ºF 33ºF
Saturday 58ºF 37ºF