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Welcome to Ormsby State Bank

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News Story of the Day
Glass shattering? Flournoy tops Pentagon shortlist


WASHINGTON (AP) — Michele Flournoy, formerly the Pentagon's policy chief and among President Barack Obama's more hawkish advisers, could be in line to become the first woman to lead the U.S. military after Defense Secretary Chuck Hagel's resignation. Passed over by Obama for the job 20 months ago, Flournoy heads a short list of candidates to direct the war against the Islamic State in Iraq and ...

Sports Story of the Day
Bills vs Jets a hot ticket in Detroit


DETROIT (AP) — Die-hard fans of the Buffalo Bills and New York Jets might be hard to come by in the hometown of the Detroit Lions. But there's certainly no shortage of fans of free tickets to an Empire State matchup in the Motor City. More than 67,000 tickets were handed out for the Bills' home game Monday night in Detroit that was postponed a day and moved 250 miles away after heavy snow in ...

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
Flurries
18ºFFlurries
Feels Like: 18ºF
Humidity: 73%
Wind: 30 MPH WNW
Forecast
Monday 24ºF 13ºF
Tuesday 33ºF 23ºF
Wednesday 30ºF 7ºF
Thursday 16ºF 11ºF
Friday 38ºF 20ºF