State Farm Bank
State Farm Bank is a mid-sized bank headquartered in Bloomington, IL. The bank operates 1 branch in 1 state (Illinois). State Farm Bank has deposits of $10.3 billion, and was established in March 1999.
This bank is FDIC insured - all deposits are protected for up to $250,000. Products offered by the bank include: Online CD, IRA CD, Jumbo IRA CD, Money Market, State Farm Savings, Health Savings Account and Interest Checking.
Current State Farm Bank Rates
| Name | Term | APY | Min Deposit | |
| Online CD | 3 months | 0.20 % | $500 | |
| 6 months | 0.32 % | $500 | ||
| 1 year | 0.40 % | $500 | ||
| 2 years | 0.55 % | $500 | ||
| 3 years | 0.72 % | $500 | ||
| 4 years | 0.87 % | $500 | ||
| 5 years | 1.26 % | $500 | ||
| IRA CD | 1 year | 0.45 % | $500 | |
| 15 months | 0.55 % | $500 | ||
| 2 years | 0.60 % | $500 | ||
| 3 years | 0.82 % | $500 | ||
| 4 years | 0.97 % | $500 | ||
| 5 years | 1.36 % | $500 | ||
| Jumbo IRA CD | 1 year | 0.46 % | $100,000 | |
| 15 months | 0.57 % | $100,000 | ||
| 2 years | 0.63 % | $100,000 | ||
| 3 years | 0.83 % | $100,000 | ||
| 4 years | 0.98 % | $100,000 | ||
| 5 years | 1.38 % | $100,000 | ||
| Jumbo CD | 3 months | 0.22 % | $100,000 | |
| 6 months | 0.33 % | $100,000 | ||
| 1 year | 0.41 % | $100,000 | ||
| 2 years | 0.58 % | $100,000 | ||
| 3 years | 0.73 % | $100,000 | ||
| 4 years | 0.88 % | $100,000 | ||
| 5 years | 1.28 % | $100,000 | ||
| Special CD | 15 months | 0.55 % | $500 | |
| Special Jumbo CD | 15 months | 0.57 % | $100,000 |
About State Farm Bank
State Farm Bank, F.S.B. received formal approval for a thrift charter from the Office of Thrift Supervision (OTS) in November 1998 and is generally referred to as “State Farm Bank“. Its focus is on consumer-oriented financial products, complementing State Farm’s insurance focus on personal lines. State Farm Bank is a nontraditional financial institution and does not have branch offices. The bulk of direct customer interaction and product assistance is provided by State Farm agents®, augmented by a telephone call center, mail and Internet.