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Welcome to Ormsby State Bank

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News Story of the Day
Huge Northern California wildfire keeps growing


POLLOCK PINES, Calif. (AP) — As an expanding wildfire in Northern California kept nearly 3,000 people from their homes, teams sought to find out how many structured had already been lost to the huge blaze, authorities said. While officials confirmed that several structures have been damaged or destroyed in the King Fire, dangerous conditions have so far prevented them from determining an exact ...

Sports Story of the Day
No. 2 Oregon holds off Washington State, 38-31


PULLMAN, Wash. (AP) — Oregon coach Mark Helfrich had one word to describe Marcus Mariota's play against Washington State: "Ridiculous." Mariota threw for 329 yards and five touchdowns to stay in contention for the Heisman Trophy and help Oregon hold off Washington State 38-31 Saturday night in a matchup of two of the top offenses in the nation. Mariota completed 21 of 25 passes without an ...

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
Sunny
52ºFSunny
Feels Like: 57ºF
Humidity: 87%
Wind: 9 MPH WNW
Forecast
Sunday 68ºF 46ºF
Monday 72ºF 51ºF
Tuesday 70ºF 57ºF
Wednesday 74ºF 58ºF
Thursday 77ºF 57ºF