Announcements

Enroll for electronically delivered bank statements!
 
Use the link in the lower center column on this page to
enroll your accounts for e-statements!  
 
.
e-statements advantages:
* You get your bank statements faster! 
  * e-statements reduce paper clutter! 
* Paper statement storage problems are eliminated! 
* Protect yourself from identity theft because your bank
statement can't get stolen out of your mailbox!
 

State Bank of Park Rapids

.

If you're traveling out of the area, let us know!

To help protect your accounts, we use a fraud detection system that may automatically deactivate your Instant Cash & Check Card (your debit card) if it is used in a manner that is outside your normal usage patterns.  This is likely to occur if you use your debit card while traveling!  Please call our bookkeeping department before you head out of town and we'll flag your account accordingly:  218-237-0934.

.

Scholarship Award

Smythe Family/State Bank of Park Rapids Scholarship
Each year, through the Scholarship America program, a
Park Rapids High School graduate is selected to receive a 
 scholarship from State Bank of Park Rapids.  
This year, the award is $4000. 
.
Ryan DeLaHunt

is the

2014 Scholarship Award Recipient!

..

 

.MarMarty Peterson-President, Sue Smythe-COO, Ryan DeLaHunt

Wayne Nelson-CLO

.

.

FDIC Insurance Changes

NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE
COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing
transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited
deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC).
Beginning January 1, 2013, all of a depositor's accounts at an insured depository institution,
including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard
maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.