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Welcome to Ormsby State Bank

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News Story of the Day
Think Cuban-Americans all think alike? Think again


MIAMI (AP) — Anyone who thinks Cuban-Americans think alike on Cuba hasn't taken a close look at the community lately, poet Richard Blanco says. Blanco, who celebrated a multicultural America by reading his poem "One Today" at President Barack Obama's second inauguration, was raised in Miami, the son of exiles who fled shortly after Fidel and Raul Castro's 1959 revolution. Now 46, Blanco says ...

Sports Story of the Day
39 bowl games and a reason to watch every one


Over the next three weeks, 38 bowl games and a national championship game will be played from Boise to the Bahamas and various points in between. You should watch them all. Here's why: Saturday, Dec. 20 R+L Carriers New Orleans Bowl Nevada (minus 1) vs. Louisiana-Lafayette Why watch? Someone thought it would be fun to start a football game at 10 a.m. in New Orleans. Wait for the crowd shots ...

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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Current Conditions for Ormsby, MN
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Humidity: 79%
Wind: 5 MPH ESE
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Thursday 26ºF 21ºF
Friday 34ºF 28ºF
Saturday 36ºF 30ºF
Sunday 37ºF 33ºF
Monday 39ºF 29ºF