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Welcome to Ormsby State Bank

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News Story of the Day
Winter's reach: Southwest gets snow, California awaits storm


ALBUQUERQUE, N.M. (AP) — Parts of the Southwest dealt with a second day of snow Saturday as Californians spent the day waiting for the start of a storm that was expected to bring much-needed rain for much of the state. Sections of central and northern New Mexico received a record-breaking snowfall overnight, with more expected throughout the weekend, weather officials said. More snow and rain ...

Sports Story of the Day
No. 1 Kentucky beats No. 18 Arkansas 84-67 to clinch SEC


LEXINGTON, Ky. (AP) — Andrew Harrison and Trey Lyles each scored 18 points, and top-ranked Kentucky rolled past No. 18 Arkansas 84-67 Saturday to clinch the Southeastern Conference regular-season title. The long-awaited marquee matchup of the SEC's top two teams belonged to the undefeated Wildcats (29-0, 16-0) on both ends as they earned their 46th league title and halted a three-game losing ...

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
Partly Sunny
21ºFPartly Sunny
Feels Like: 21ºF
Humidity: 62%
Wind: 15 MPH SSE
Forecast
Saturday 21ºF 9ºF
Sunday 28ºF 8ºF
Monday 27ºF 23ºF
Tuesday 28ºF -1ºF
Wednesday 10ºF -8ºF