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Welcome to Ormsby State Bank

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News Story of the Day
Prayers for man who died in NY police custody


NEW YORK (AP) — Gospel music mixed with grief at a Brooklyn church filled with mourners for the funeral of a man who died in police custody after an officer placed him in an apparent chokehold. The service for Eric Garner Wednesday at Brooklyn's Bethel Baptist Church opened with a mix of solemn prayer and an organ-backed gospel medley. Garner's relatives stopped in front of his open casket, ...

Sports Story of the Day
Man United buries Galaxy 7-0 in Van Gaal's debut


PASADENA, Calif. (AP) — Manchester United made an impressive debut under coach Louis van Gaal on Wednesday night, with Wayne Rooney scoring twice late in the first half of a 7-0 victory over the LA Galaxy. Ashley Young and unsung defender Reece James scored two second-half goals apiece as United opened its summer tour with a surprisingly polished win over MLS' overmatched Galaxy in the ...

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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Thursday 79ºF 63ºF
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