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Welcome to Ormsby State Bank

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News Story of the Day
Gay bathhouses nationwide face uncertain future


LOS ANGELES (AP) — Gay bathhouses that once remained in the shadows to stay in business are now seeking attention to keep their doors open. Some are doing aggressive online advertising and community outreach. Others tout their upscale amenities like plush towels and marble baths. A bathhouse in Ohio has even added hotel rooms and a nightclub. Gone are the days when bathhouses drew crowds just ...

Sports Story of the Day
Orioles 3B Machado to have season-ending surgery


CHICAGO (AP) — Baltimore third baseman Manny Machado has decided to have season-ending surgery on his ailing right knee, leaving the Orioles without one of their best players as they try for their first division title in 17 years. Machado hurt himself on an awkward swing against the New York Yankees on Aug. 11, crumpling to the ground in the batter's box. He tried rest in an effort to return ...

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
78ºFCloudy
Feels Like: 82ºF
Humidity: 80%
Wind: 8 MPH ESE
Forecast
Saturday 90ºF 72ºF
Sunday 91ºF 60ºF
Monday 83ºF 63ºF
Tuesday 73ºF 60ºF
Wednesday 73ºF 57ºF