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Welcome to Ormsby State Bank

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News Story of the Day
Duck farming fading away on New York's Long Island


FLANDERS, N.Y. (AP) — When Brooklyn chef Jason Marcus talks about preparing Long Island duck, he can't help salivating. "There's a great balance between the fat and really, really, tender meat," said the owner of trendy nightspots Traif and Xixa. "It is beautiful when you're roasting it; the high fat content of the skin really bastes the meat as it cooks." Once as synonymous with Long Island ...

Sports Story of the Day
Third victory parade in 5 years charms Giants fans


Associated Press SAN FRANCISCO (AP) — The Giants celebrated a third World Series victory in five years with a ticker-tape parade, and it seemed everyone had a story about brought them to rainy downtown San Francisco. Hundreds of thousands of people turned out to see the floats and players ride down Market Street on double-decker buses Friday. The city was awash in orange, black and white ...

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
25ºFIntermittent Clouds
Feels Like: 25ºF
Humidity: 79%
Wind: 6 MPH SE
Forecast
Saturday 47ºF 32ºF
Sunday 57ºF 42ºF
Monday 59ºF 35ºF
Tuesday 54ºF 37ºF
Wednesday 55ºF 31ºF