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Welcome to Ormsby State Bank

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News Story of the Day
Latest Missouri protests are smaller, more subdued


FERGUSON, Mo. (AP) — Missouri Gov. Jay Nixon said Tuesday that he would not seek the removal of the county prosecutor overseeing the investigation into the fatal police shooting of Michael Brown, which has sparked more than a week of nightly clashes between protesters and police. St. Louis County Prosecutor Bob McCulloch's deep family connections to police have been cited by some black leaders ...

Sports Story of the Day
Your Top Plays for Today


Your Top Plays for Today: AP's Sports Guide REAL MADRID HELD 1-1 BY ATLETICO IN SPANISH SUPER CUP Real Madrid's new signing James Rodriguez scores as the reigning European champion is held to a 1-1 home draw by city rival and Spanish league champion Atletico Madrid in the first leg of the Super Cup. https://bigstory.ap.org/article/real-madrid-draws-1-1-atletico-super-cup DJOKOVIC, FEDERER ...

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
Cloudy
63ºFCloudy
Feels Like: 67ºF
Humidity: 100%
Wind: 5 MPH S
Forecast
Wednesday 86ºF 71ºF
Thursday 91ºF 65ºF
Friday 91ºF 69ºF
Saturday 86ºF 67ºF
Sunday 82ºF 59ºF