Savings Accounts

Savings Account Image

Minimum opening deposit is $100
Variable, Tiered Interest Rates
FDIC insured
24-hour account access via phone and Internet
Several easy methods to make deposits
Fund a new Savings Account by electronic transfer (ACH)
Can be used as Overdraft protection account for State Farm Bank® Checking or Interest Checking Accounts
Refer to the Truth in Savings Disclosures for more details

Compounded daily and credited to the account monthly
Begins to accrue on the business day your deposit is received at State Farm Bank’s Operations Center

Phone
- 24/7 Call State Farm Bank toll-free at 1-877-SF4-BANK/1-877-734-2265
Internet
- Free online banking
- Online transfers to and from your existing State Farm Bank accounts AND external bank accounts on which you are an accountholder
Mail
- Postage paid envelopes
- Overnight deposits are free for deposits of $100 or more Learn How
ATM
- ATM fee rebates
- Deposits can be made at ATMs owned by State Farm Bank or at full-service ATMs that participate in deposit-sharing and display NYCE®, PULSE®, or STAR® logos

Unlimited withdrawals by ATM, mail, and withdrawals requested by telephone payable to you.

A maximum of six (6) transfers each monthly statement cycle by pre-authorized or automatic transfer, telephone and/or electronic banking due to regulatory limits. Important details