Money Market Accounts
Features
- Minimum opening deposit required is $1,000.
- Minimum daily balance required to earn interest is $100.
- Minimum average balance of $500 required to waive the $10 monthly fee.
- Fee will be waived if account electronically receives monthly direct deposit.
- Free ATM card
- 24-hour account access via phone and Internet
- Interest earning
- FDIC insured
- All account holders must be at least age 13 and one person named on the account must be at least age 18.
- Can be used as Overdraft protection account
- ATM fee rebates
- Standard series of checks are free of charge
Interest
- Compounded daily
- Credited monthly
- Tiered interest rate structure
Statements
- Mailed monthly
- Can be combined with other accounts
- Available in Spanish
Transactions
- Unlimited withdrawals by ATM, mail, and withdrawals requested by telephone and made payable to you.
- A maximum of six (6) pre-authorized automatic, Internet, or telephone-initiated transfers may be made each statement period. Important details
Convenient Access
How to Apply
Convenient ways to apply for a Money Market Account:
Money Market Account Rates
Rates for Money Market accounts
Rates for other account types
State Farm Bank does not return cancelled checks or deposit slips
Ready to get started?
|
Service Center
Quick Links
Tools and Resources
Related Links
|
State Farm Bank® Resource Center
Banking News Center
Safeguarding Your Security
|