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Welcome to Ormsby State Bank

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News Story of the Day
Family of 5 shot dead in Maine, gun recovered


SACO, Maine (AP) — A family of five, including three children ranging in age from 4 to 12 years old, were found shot to death Sunday inside a southern Maine apartment, authorities said. Investigators said a gun was found near one of the bodies and it appeared no one outside the family was responsible for the shootings. State police Sgt. Chris Harriman said murder-suicide is one of the ...

Sports Story of the Day
Santana hits 2 more HRs, Indians stop Royals


KANSAS CITY, Mo. (AP) — Hall of Famers Reggie Jackson and Jim Rice didn't do it. Neither did Mark McGwire, Albert Pujols, Jim Thome, Barry Bonds nor any other opposing slugger who played at Kansas City. Carlos Santana hit five home runs in a series at spacious Kauffman Stadium, connecting for two more shots Sunday and leading the Cleveland Indians over the Royals 10-3. Santana tied a team ...

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
66ºFCloudy
Feels Like: 67ºF
Humidity: 77%
Wind: 8 MPH NW
Forecast
Monday 75ºF 53ºF
Tuesday 78ºF 54ºF
Wednesday 79ºF 55ºF
Thursday 80ºF 55ºF
Friday 80ºF 55ºF