Founded in 1902, State Bank of Park Rapids is a family-owned and operated bank. The services offered by the bank include checking and saving accounts, Internet banking and online bill payment services. It also offers certificates of deposit and automobile, real estate mortgage and home modernization loans. State Bank of Park Rapids provides banking-by-mail, after-hours depositories, savings bonds and safe deposit boxes. Its other products and services include direct deposit, online check order, overdraft protection and telephone banking. The bank also offers a variety of business and personal accounts. It is a member of the Federal Deposit Insurance Corporation. State Bank of Park Rapids is located in Park Rapids, Minn.