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Welcome to Ormsby State Bank

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News Story of the Day
Rebuilt Hawaii town offers look at life after lava


PAHOA, Hawaii (AP) — Ten miles from the Hawaii town of Pahoa that is being menaced by a stream of lava from Kilauea volcano, there's another community that was almost entirely swallowed by the molten rock nearly 30 years ago. Today, a few dozen recently built homes sit on Kalapana's rolling black fields — offering a glimpse of life after lava. "It's like nothing else. It's the newest land on ...

Sports Story of the Day
Looking for playoff contenders outside the obvious


The first games after the release of the College Football Playoff rankings have a chance to reveal some new contenders. Games to watch if you're looking for playoff hopefuls outside the obvious: —Oklahoma State at Kansas State (CFP 9) and Kansas at Baylor (CFP 13). The Wildcats are ninth in the playoff rankings, behind TCU among Big 12 rivals. K-State still has its most of its pivotal Big 12 ...

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
Mostly Sunny
28ºFMostly Sunny
Feels Like: 28ºF
Humidity: 68%
Wind: 10 MPH NNW
Forecast
Friday 41ºF 21ºF
Saturday 47ºF 32ºF
Sunday 57ºF 40ºF
Monday 58ºF 35ºF
Tuesday 52ºF 35ºF