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Welcome to Ormsby State Bank

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News Story of the Day
NYC panel nears decision on police chokehold death


NEW YORK (AP) — Amid the fallout from a grand jury's decision in the fatal police shooting of 18-year-old Michael Brown in Missouri, a panel in New York City is quietly nearing its own conclusion about another combustible case involving the death of an unarmed man at the hands of police. The grand jury that began investigating the chokehold death of Eric Garner in September heard last week ...

Sports Story of the Day
No. 12 Arizona beats No. 13 Arizona State 42-35


TUCSON, Ariz. (AP) — Arizona coach Rich Rodriguez didn't want the score of the UCLA-Stanford game to be displayed inside Arizona Stadium, nor did he want word to leak down to the sideline. The focus had to be on beating rival Arizona State in the Territorial Cup. If that led to the Pac-12 South title, even better. It worked out perfectly on both counts for the Wildcats. Nick Wilson ran for 178 ...

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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19ºFMostly Clear
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Wind: 8 MPH ENE
Forecast
Friday 27ºF 21ºF
Saturday 41ºF 14ºF
Sunday 15ºF 0ºF
Monday 8ºF 0ºF
Tuesday 31ºF 12ºF