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Welcome to Ormsby State Bank

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News Story of the Day
Family, friends remember women slain in Indiana


Seven women have been found dead this week in northwestern Indiana, one in a motel and six in abandoned houses in Gary. Darren Vann, 43, was charged Monday in the death of the woman whose body was found Friday at a Motel 6 in Hammond, 20 miles southeast of Chicago. Police say Vann has confessed to all seven killings and hinted that there could be more, stretching back two decades. Family and ...

Sports Story of the Day
Giants jump out to 7-0 lead in World Series opener


Madison Bumgarner has settled into a groove. Nice and easy, rock and fire, plenty of cushion with a comfortable lead. And even the balls Kansas City hits hard are turning into outs. Giants increase the margin to 6-0 with an RBI triple by Joe Panik in the seventh inning, misplayed by Royals right fielder Nori Aoki. Pablo Sandoval's run-scoring single makes it 7-0. The rout is on. Royals look as ...

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
Clear
52ºFClear
Feels Like: 55ºF
Humidity: 61%
Wind: 12 MPH SE
Forecast
Wednesday 65ºF 48ºF
Thursday 70ºF 42ºF
Friday 70ºF 45ºF
Saturday 70ºF 48ºF
Sunday 74ºF 50ºF