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Welcome to Ormsby State Bank

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News Story of the Day
Man killed by Los Angeles police stole French identity


LOS ANGELES (AP) — A homeless man who was killed by Los Angeles police on Skid Row was living under an assumed name and was wanted for violating probation terms for a bank robbery conviction, French and U.S. officials said Tuesday. A law enforcement official identified Charley Saturmin Robinet, 39, as the man police shot Sunday. The official wasn't authorized to speak publicly and talked to ...

Sports Story of the Day
A-Rod to bat 2nd and DH in return Wednesday


TAMPA, Fla. (AP) — Alex Rodriguez is batting second in the starting lineup as the designated hitter in his return to the New York Yankees. In his first game action in 17 months, A-Rod is to face Philadelphia's Kevin Slowey on Wednesday in the Yankees' spring training home opener. Rodriguez, who turns 40 in July, served a one-year suspension for violations of baseball's drug agreement and labor ...

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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Wednesday 11ºF -9ºF
Thursday 17ºF 13ºF
Friday 36ºF 23ºF
Saturday 40ºF 22ºF
Sunday 43ºF 20ºF