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W, <br />CITY OF ST. ANTHONY, MINNESOTA <br />it <br />Cash and <br />temporary <br />investments <br />Cash and temporary investments <br />St. Anthony National Bank <br />General checking account $ 33,573 <br />Liquor checking account 48,074 <br />Savings account 197,388 <br />Certificate of deposit 200,000 <br />$ 479,035 <br />Fidelity Bank and Trust <br />Certificate of deposit 600,000 <br />U. S. Government securities 602,646 <br />Total cash and investments $1.681.681 <br />Face amount <br />of securities <br />pledged by <br />depository as <br />collateral <br />$1.350.000 <br />, <br />Additional security of $40,000 for demand deposits and $100,000 for time deposits <br />is provided by the Federal Deposit Insurance Corporation. <br />Minnesota law stipulates that the amount of deposits cannot exceed the F.D.I.C. <br />insurance plus ninety percent of the market value of securities pledged as <br />collateral by the bank. On December 31, 1978, the bank deposits at Fidelity <br />Bank and Trust were in excess of this requirement. <br />