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Welcome to Ormsby State Bank

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News Story of the Day
Ex-CIA chief may avoid prison for leaking military secrets


RALEIGH, N.C. (AP) — If he manages to avoid prison, former CIA director David Petraeus' guilty plea for providing reams of classified material to his mistress will result in far more lenient punishment than that often meted for leaking the nation's secrets. Petraeus, 62, has agreed to admit guilt on a single misdemeanor count of the unauthorized removal and retention of classified material. ...

Sports Story of the Day
LEADING OFF: A-Rod, Goldschmidt make spring debuts


A look at the highlights of what's happening all around spring training today in Florida and Arizona: HE'S BACK Alex Rodriguez is set to be the designated hitter for two or three at-bats when the Yankees host the Phillies in Tampa, Florida, Wednesday. It will be his first game in 17 months after serving a one-year drug suspension. "I'll be a little nervous," he said. "I have some challenges ...

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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Wednesday 11ºF -9ºF
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