Fixed Rate Individual Retirement Account (IRA) Certificates of Deposit

Features

• Minimum opening deposit is $500
• Traditional and Roth IRA CDs offered
• FDIC insured
• Annual paper statement provided at no charge
• Free, convenient, and secure online statements available
• Automatically renewed at maturity
• Additional deposits of $100 or more can be made to a 12-month term IRA CD.
• 10 calendar day Grace Period after the maturity date to change the investment terms, or withdraw funds without being charged a penalty.  Consult your tax advisor to determine applicable IRS policy regarding income taxes or IRS penalties.  You may also increase the amount in your CD during the Grace Period.
• Refer to the Truth in Savings Disclosures for more details 

Interest

• 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.  

IRA CD Rates

Rates for IRA CD accounts

Rates for other account types

How to apply

Convenient ways to apply for a Fixed Rate IRA CD:

• Contact a participating State Farm® agent
• Call State Farm Bank toll-free at 1-877-SF4-BANK (1-877-734-2265)

Disclosures

Convenient Access

• Internet
• Mail
• Phone

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