Ownership
A Unique Model
Operating under a unique partnership, Park Midway Bank, University Bank and Franklin Bank gain their strength through their combined expertise and personal caring for customers, fellow employees and community. The Banks represent nearly $500 million in assets and are affiliated through the Sunrise Community Banks umbrella, but retain their independence and local decision-making authority.
Park Midway Bank, University Bank and Franklin Bank are true community banks dedicated to providing custom banking services to businesses, professionals, entrepreneurs and individuals. Each Bank plays an important role in the cultural, economic, and social structure of their own community. They not only take the time to get to know the customers and understand their banking needs but also volunteer their time working on community projects and events. Each Bank consistently provides its customers with personalized attention, high-quality service, fast and accurate responses, competitive pricing and a full product line.
Como Avenue Office
2300 Como Avenue St. Paul, MN 55108 Phone: (651) 523-7800
University Avenue Office
2171 University Avenue St. Paul, MN 55114 Phone: (651) 523-7800 |
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On October 3, 2008, FDIC deposit insurance temporarily increased
from $100,000 to $250,000 per depositor through December 31, 2009
from $100,000 to $250,000 per depositor through December 31, 2009
Transaction Account Guarantee Program
Park Midway Bank is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through December 31, 2009, all non-interest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.
Park Midway Bank is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through December 31, 2009, all non-interest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.
