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Welcome to Ormsby State Bank

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News Story of the Day
It's down to the wire for online shopping


ATLANTA (AP) — As the holiday shopping season winds down, FedEx, UPS and online retailers are using the last few days to try to avoid the problems that occurred last year when severe winter weather and a surge in late orders from shoppers caused delivery delays. UPS spent $500 million this year upgrading its systems and processes and increased the number of seasonal workers it hired 11 percent ...

Sports Story of the Day
Cutler to start finale for Bears with Clausen out


LAKE FOREST, Ill. (AP) — Quarterback Jay Cutler is returning to the Chicago Bears' lineup and will start the final game of the season after Jimmy Clausen suffered a concussion. The Bears are going back to Cutler for this week's game at Minnesota after benching him for Sunday's loss to Detroit. Clausen was injured on a helmet-to-helmet hit by Detroit's Ezekiel Ansah while scrambling on ...

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
39ºFCloudy
Feels Like: 39ºF
Humidity: 93%
Wind: 16 MPH ESE
Forecast
Monday 40ºF 33ºF
Tuesday 36ºF 30ºF
Wednesday 33ºF 24ºF
Thursday 34ºF 26ºF
Friday 28ºF 7ºF