State Farm Bank – Online CD

Product Info:

  • Minimum opening deposit is $500
  • Variety of Terms available ranging from 90 days to 5 years
  • FDIC insured
  • Automatically renewed at maturity
  • 10 calendar day Grace Period after the maturity date to change the investment terms, or withdraw funds without being charged a penalty
  • You may also increase the amount in your CD during the Grace Period
  • Fund a new CD by electronic transfer (ACH) when applying through a State Farm Agent’s office or by calling State Farm Bank® toll-free at 1-877-734-2265
  • Interest compounded daily
  • Begins to accrue on the business day your deposit is received at State Farm Bank’s Operation Center
  • Interest is paid at maturity on 90 and 180 day CDs 
  • Interest may be credited to the account monthly for CDs with terms longer than 180 days
To find out more, visit State Farm Bank's website.
Current Rates
Term APY Min Deposit
3 months 0.20 % $500
6 months 0.32 % $500
1 year 0.55 % $500
2 years 0.60 % $500
3 years 0.72 % $500
4 years 0.87 % $500
5 years 1.36 % $500
Rates last updated: 2/7/2012

Online CD Rate History

3 month CD Rates

Latest Rate Updates

5 year Online CD
1.56% ⇒ 1.36%
2/1/12
4 year Online CD
1.13% ⇒ 0.87%
2/1/12
3 year Online CD
0.82% ⇒ 0.72%
2/1/12
2 year Online CD
0.65% ⇒ 0.60%
2/1/12
1 year Online CD
0.60% ⇒ 0.55%
2/1/12
6 month Online CD
0.37% ⇒ 0.32%
2/1/12
3 month Online CD
0.25% ⇒ 0.20%
2/1/12