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Welcome to Ormsby State Bank

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News Story of the Day
5 boaters rescued from sailboat 200 miles off NC coast


MANTEO, N.C. (AP) — The U.S. Coast Guard says it rescued five people from a sailboat after the boat's mast broke about 200 miles off the coast of North Carolina. A statement from the Coast Guard says watchstanders at a command center in Portsmouth, Virginia, were notified Friday afternoon that the 55-foot catamaran Rain Maker suffered a broken mast in 40 mph winds and 13-foot seas. It occurred ...

Sports Story of the Day
Imagine Dragons' bassist: Don't make Seahawks the hero


AP Entertainment Writer GLENDALE, Ariz. (AP) — Imagine Dragons bassist Ben McKee has a simple reason he wants the New England Patriots to win the Super Bowl — he doesn't want to see the Seattle Seahawks made into heroes. McKee is a native of Forestville in Northern California and roots for the San Francisco 49ers. He doesn't want to see any good fortune visit a division rival, even if the ...

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
23ºFPartly Sunny
Feels Like: 23ºF
Humidity: 92%
Wind: 6 MPH WNW
Forecast
Saturday 33ºF 14ºF
Sunday 17ºF 1ºF
Monday 18ºF 14ºF
Tuesday 27ºF 6ºF
Wednesday 15ºF 0ºF