State Farm Bank – Money Market
Product Info:
- Minimum opening deposit is $1,000
- Minimum balance to earn interest is $100
- Variable, Tiered Interest Rate
- FDIC insured
- 24-hour account access via phone and Internet
- Several easy methods to make deposits
- Fund a new Money Market Account 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.
- Can be used as Overdraft protection account for State Farm Bank Checking or Interest Checking Accounts
- Blue Specialty checks are free
- All account holders must be at least age 13 and one person named on the account must be at least age 18
- Compounded daily and credited to the account monthly
- Begins to accrue on the business day your deposit is received at State Farm Bank’s Operation Center
To find out more, visit
State Farm Bank's website.
Current Rates
| Min Deposit | Max Deposit | APY |
| $1 | $99 | 0.00 % |
| $100 | $9,999 | 0.40 % |
| $10,000 | $24,999 | 0.50 % |
| $25,000 | $49,999 | 0.60 % |
| $50,000 | $99,999 | 0.70 % |
| $100,000 | — | 0.85 % |
Rates last updated: 2/8/2012
Money Market Rate History
Money Market Rates ($1 - $99)
Money Market Rates ($100 - $9,999)
Money Market Rates ($10,000 - $24,999)
Money Market Rates ($25,000 - $49,999)
Money Market Rates ($50,000 - $99,999)
Money Market Rates ($100,000 and up)
All Products
- CD Accounts
- Online CD
- IRA CD
- Jumbo IRA CD
- Jumbo CD
- Special CD
- Special Jumbo CD
- Savings Accounts
- Money Market
- State Farm Savings
- Health Savings Account
- Checking Accounts
- Interest Checking