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Welcome to Ormsby State Bank

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News Story of the Day
Federal judge stays Alabama gay marriage ruling for 2 weeks


MONTGOMERY, Ala. (AP) — The association representing Alabama's probate judges said it's possible some of its members would issue marriage licenses to same-sex couples when courthouses across the state open Monday, despite the group's advice against that. U.S. District Judge Callie V.S. Granade ruled in favor of a same-sex couple on Friday, declaring Alabama's statutory and constitutional gay ...

Sports Story of the Day
NFL, YouTube partner to post official clips to video site


AP Pro Football Writer Searching for Super Bowl highlights next week after the big game? They'll be available, legally, straight from the source. The NFL has protected its video as fiercely as any league, pushing most users to its website or to its broadcast partners. On Monday, the league and YouTube announced a partnership between two of the most powerful brands in the marketplace, creating ...

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
Cloudy
30ºFCloudy
Feels Like: 30ºF
Humidity: 86%
Wind: 7 MPH SSE
Forecast
Monday 43ºF 28ºF
Tuesday 40ºF 31ºF
Wednesday 43ºF 30ºF
Thursday 36ºF 22ºF
Friday 36ºF 20ºF