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Money Market Accounts

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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

  • ATM
  • Internet
  • Mail
  • Phone


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

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