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Welcome to Ormsby State Bank

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News Story of the Day
Student struggles to recount fatal truck-bus crash


ORLAND, Calif. (AP) — Most of the 911 calls from witnesses to last week's fiery truck-bus collision that killed 10 were matter of fact. Then there was the one from a passenger: With shrieks in the background, the student struggled to recount how a truck came roaring toward them. "What did the bus hit?" the dispatcher asked. The student who had just escaped from the bus started to explain that ...

Sports Story of the Day
Sharks beat Kings 6-3 in Game 1


SAN JOSE, Calif. (AP) — The San Jose Sharks spent seven games struggling to get the puck past Jonathan Quick in a playoff loss a year ago. Quick struggled to stop anything in the opener of the rematch. Tomas Hertl and Raffi Torres both scored in their first game together as teammates and the Sharks jumped on top of Quick and the rival Los Angeles Kings with a 6-3 victory in their playoff ...

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
34ºFCloudy
Feels Like: 34ºF
Humidity: 80%
Wind: 3 MPH E
Forecast
Friday 57ºF 45ºF
Saturday 68ºF 49ºF
Sunday 69ºF 46ºF
Monday 67ºF 40ºF
Tuesday 61ºF 40ºF