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Welcome to Ormsby State Bank

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News Story of the Day
It's no longer safe to recline your airplane seat


NEW YORK (AP) — American airline passengers, squeezed into tighter and tighter spaces, appear to be rebelling, taking their frustrations out on other fliers. Three U.S. flights have made unscheduled landings in the past eight days after passengers got into fights over the ability to recline their seats. Disputes over a tiny bit of personal space might seem petty, but for passengers whose knees ...

Sports Story of the Day
US Open 15-year-old CiCi Bellis loses in juniors


NEW YORK (AP) — The second round once again proved the downfall for U.S. Open darling CiCi Bellis. The 15-year-old Californian, who became an overnight sensation when she stunned 12th-seeded Dominika Cibulkova in Flushing Meadows' first round, lost her juniors match Tuesday to 17-year-old Russian Natalia Vikhlyantseva 7-6 (9), 2-6, 6-1. Bellis, the top-seeded girl, frequently shrieked at ...

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
Sunny
75ºFSunny
Feels Like: 76ºF
Humidity: 53%
Wind: 5 MPH SSE
Forecast
Tuesday 79ºF 60ºF
Wednesday 85ºF 71ºF
Thursday 83ºF 52ºF
Friday 70ºF 48ºF
Saturday 74ºF 51ºF