Announcements

Stockholders are happy to announce that

 

State Bank of Park Rapids 

 

will be sold to Northview Bank ! 

 

The transaction is subject to regulatory approval and is

expected to be complete by the end of June.

 

 

To Our Customers:

 

- Northview Bank is a state chartered community bank, just like State Bank of Park Rapids.   It has 11 branches in northeastern MN.    

 

- The staff you enjoy working with today will be the same people that you work with after the sale is complete. 

 

- If you need more checks before June 1, simply reorder.  Checks with the State Bank of Park Rapids routing number and logo will work long after the sale occurs. If you reorder after the merger takes place, checks will automatically come with the new bank logo and routing number.  

   

- Mobile Banking will be available soon!   

 

 

 


State Bank of Park Rapids

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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.

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Scholarship Award

Smythe Family/State Bank of Park Rapids Scholarship
 
Ryan DeLaHunt
was the $4000

2014 Scholarship Award Recipient!

 

Ryan DeLaHunt

 

Marty Peterson-President, Sue Smythe-COO,

RYAN DELAHUNT, and 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.

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For more information about temporary FDIC insurance coverage

of transaction accounts, visit www.fdic.gov.