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Welcome to Ormsby State Bank

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News Story of the Day
Opening statements next in murder trial of ex-Pat Hernandez


Associated Press FALL RIVER, Mass. (AP) — Aaron Hernandez once seemed to be a man with a bright future. At age 23 he had a Super Bowl appearance under his belt and a $40 million contract as a star tight end with the New England Patriots. He and his fiancee had started a family, living in a mansion in the Boston suburbs with their 8-month-old daughter. This week, prosecutors will paint a ...

Sports Story of the Day
Opening statements next in murder trial of ex-Pat Hernandez


Associated Press FALL RIVER, Mass. (AP) — Aaron Hernandez once seemed to be a man with a bright future. At age 23 he had a Super Bowl appearance under his belt and a $40 million contract as a star tight end with the New England Patriots. He and his fiancee had started a family, living in a mansion in the Boston suburbs with their 8-month-old daughter. This week, prosecutors will paint a ...

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
Mostly Sunny
28ºFMostly Sunny
Feels Like: 28ºF
Humidity: 86%
Wind: 10 MPH N
Forecast
Sunday 31ºF 26ºF
Monday 44ºF 29ºF
Tuesday 39ºF 28ºF
Wednesday 44ºF 31ºF
Thursday 36ºF 22ºF